Online gambling

Online gambling and property prices in ASEAN

Will the end of Chinese involvement in ASEAN’s online gambling sector see a spiral in property prices?A stark example of this is playing out in Cambodia, where there have been reports of the property bubble bursting in Sihanoukville – a beach town now known for its casinos – after Prime Minister Hun Sen announced that the country would stop issuing online gambling permits on 18 August.In the Philippines, though, President Rodrigo Duterte has remained steadfast in his support for online gambli

26 October 2019
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Is China using ASEAN for its gambling fix?

While at first glance the news that China has asked the Philippines to ban online gambling may seem like just another sign of its growing involvement in the region, a quick scan of regional newspapers soon makes it obvious that the Asian superpower needs all the help it can get to battle its own gambling problem.Gambling is illegal in China, except in Macau, and gambling businesses are increasingly targeting the mainland China market by opening up shop in Southeast Asia.

25 August 2019
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Betting on the gambling industry

When talking about gambling in Asia, the first place that usually springs to mind is Macau – also dubbed the Monte Carlo of the Orient – and it is with good reason. Often regarded as the gambling capital of the world, gambling tourism is Macau’s biggest source of revenue, accounting for 50 percent of its economy.

24 October 2018
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