AsiaGambling

How Big is the Online Gambling Industry in Asia?

How Big is the Online Gambling Industry in Asia?

Asia saw a surge of Internet users in the past two years, according to a report by CNBC. More than 50 million people turned to the Internet for the first time in search of digital services like online shopping, mobile payments, food delivery and online gaming.

To be clear, CNBC focused on six Southeast Asian countries—Thailand, Malaysia, Indonesia, Vietnam, Singapore and the Philippines. That means there are many more people who’ve become Internet users in this age of COVID-19.

In this article, however, we’ll focus on the growth of online gambling and how big the industry has become. Let’s dive right in.

1.45 billion Online Gamers

Asia is home to 1.45 billion gamers, according to Statista.com. This ranks it as the biggest gaming market in the world, with Europe and North America ranking second and third consecutively.

Now, not every gamer in Asia plays casino games. But even if 10% of all gamers on the continent play slots and card games, it would amount to 145 million players, still a huge population.

The Asian online gambling population would be bigger than it’s today. Sadly, only a handful of countries on the continent support the industry. Many countries either outlaw online gambling or have no laws about it.

As a result, interested gamblers often quench their thirst for casino gaming at offshore casinos located in Europe and Latin America. Are online casinos in Asia safe?

TopAsia casinos meet all the required safety measures, from data encryption to transparency. These sites also provide high quality games, sweet bonuses, and a wide variety of payment options.

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Mobile Gamblers Dominate 70% of the industry

Many Internet users in Asia rely on their android smartphones and iOS devices to browse the Internet, shop online and play casino games. Less than half of gamblers buy cubicle desktops for gambling.

After all, mobile gambling is now bigger than PC gaming. What’s more, it provides the same quality of games you get with a laptop. The average online casino in Asia has 500+ games.

Over 90% of these games run smoothly on mobile devices, from slots to table games. You can even play table games like blackjack and poker against real human opponents in real time. The only requirements are fast Internet, a browser and a decent mobile device.

Attracts the Best Online Casinos in the World

The Asian gambling market is so growing so fast that it has caught the attention of leading gambling firms. We’re talking about the top-10 biggest gambling operators in the world: LeoVegas, 888 Casinos, 32Red and Betway, to name a few.

Overall, more than 50 leading online casinos and betting sites accept players in India, Vietnam, Singapore, Malaysia, Japan and other Asian countries. Where online gambling is prohibited, players can access gambling sites with the help of VPNs and RDPs.

Can you gamble at local casinos in Asia? In many cases, Asia-based casinos operate through land-based facilities. You need to visit Macau, Hanoi or Seoul to find a place to gamble. As mentioned, though, online gambling is always a few clicks away.

Millions of New Casino Players

As we mentioned earlier, at least six countries in Asia have 40 million new Internet users. Around the continent, more than 300 million people are using the Internet for the first time to benefit from digital services.

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According to Stephanie Davies, a senior executive at Google’s Southeast Asian office, most people trying out the Internet for the first time have been driven by COVID-19.

The pandemic came with mandatory quarantine mandates. His left millions of Asian people stranded at home with nothing but free time. As a result, some of them became gamers for entertainment.

Others joined online casinos to try their luck in winning money. You can win loads of money at gambling sites. You could even become a professional gambler. But beware: there’s no guarantee of winning.

Reasons Online Gambling is Growing in Asia

Like many parts of the world, online gambling is shaping up in Asia. Here’s why:

  • Asia’s Gaming Culture

Generally speaking, Asians love gaming. Statistically speaking, Asia is home to 60% of gaming fans. As such, it shouldn’t come as a surprise that people on the continent are embracing casino gambling.

With many countries loosening the laws regarding iGaming, you can expect more growth in the sector. Casino gaming has always found a home among people who love gaming in general. And Asia is a region with plenty of gamers.

  • Mobile Growth

The proliferation of mobile devices in Asia is another reason more people are playing online casino games in 2022. Mobile devices are affordable yet effective for online gambling.

The best part: you don’t need to install gambling apps on your smartphone. You can gamble through a mobile browser.

  • Safe Banking

In this age of Bitcoin and mobile payment apps, banking is no longer a hindrance for online gambling. Instead, it’s an enhancer. That’s because not only can you deposit money using your bank, but you could do so with the support of local payment options.

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From e-wallets like PayPal to cryptocurrencies like Bitcoin, there’s a wide range of ways to deposit and withdraw money from online casinos. The limits are flexible, allowing you to deposit from $10 at no cost.

  • Bonuses

Many casinos in 2022 have bonuses for both new and existing customers. Bonuses allow players to gamble without using up their cash balances. Depending on the website, you can get up to $1000 in bonuses.

These rewards are a huge reason online casinos have been growing in Asia. People doubtful about joining casino sites can join to get bonuses. If they like the experience, they can go ahead to deposit real money.

The best casinos have a wide range of bonuses, including VIP rewards. But keep in mind not all bonuses are worth your attention. Some bonuses have harsh terms and conditions, and you should avoid them as a result.

  • Testimonials

There’s no doubt more people in Asia are gambling online because they’ve witnessed others winning at these sites. The luckiest players win up to $10M. Others win a lot less. All the same, these testimonials prove you can gamble safely in Asia.

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