Fonte: The Asian betting and online casino market is experiencing impressive growth and many companies are looking to get their share of this booming sector. Along with the growing demand, there is a need to find the most suitable jurisdictions that will provide companies with favorable conditions for their activities.
Specialists from the iGaming platform BetB2B, which has been a leader in this market for 12 years, focus on the legality of such activities: “Favorable conditions for launching an iGaming website include the availability of licensing and regulation to ensure the legality and transparency of operations. It is also important that the jurisdiction has stable legislation, providing the opportunity to work on a long-term basis. It is worth paying attention to tax rates and access to banking services, technical infrastructure and security systems.”
The most attractive jurisdictions for betting companies and online casinos in Asia – BetB2B
Gambling jurisdiction Philippines
The Philippines is one of the leading jurisdictions in Asia for the iGaming industry. The Philippine Amusement and Gaming Corporation (PAGCOR) operates here, which regulates and issues licenses for the operations of bookmakers and online casinos. Companies licensed by PAGCOR can legally offer their services to the Philippine market and beyond.
“Moreover, the Philippines has a developed infrastructure, high-speed internet availability and well-developed cyber security, which makes it an attractive place to do business in the betting and casino industry,” BetB2B notes.
iGaming jurisdiction Cambodia
Cambodia is also known for its iGaming -friendly legal framework. There is a committee for the development and regulation of the iGaming industry (GDC), which controls and issues licenses. Cambodia offers competitive tax rates and a wide range of services for betting companies and online casinos. In addition, the country is actively developing its tourism industry, which attracts a large number of visitors and players.
Gambling jurisdiction Vietnam
BetB2B notes that the iGaming market in Vietnam is just beginning to develop actively, and in recent years the country has shown interest in attracting foreign investment in the iGaming industry. This creates potential opportunities for companies wishing to enter the Vietnamese iGaming and casino market.
The general regulation of the iGaming industry in Vietnam is carried out by the State Service for Physical Culture and Sports, as well as the Ministry of Finance. They are responsible for issuing licenses, enforcing rules and regulations, and combating illegal gambling activities.
iGaming jurisdiction Singapore
There are discussions about the need for a clear regulatory framework to address the growing demand for online gambling and betting and ensure players protection. The Singapore government is currently developing legislation to control iGaming for the safety and protection of the interests of players.
The iGaming industry in Singapore is known for its innovative approaches to the development and implementation of new technologies. Singapore is also attracting the attention of both international and local players due to its reputation as a safe and secure gambling jurisdiction.
A representative of the BetB2B betting platform notes that the general trend in Asian countries is a mixed attitude towards iGaming, where some forms are allowed with restrictions, while others are completely prohibited. Before investing in iGaming in Asia, it is important to carefully study the laws and regulations of each particular country in order to comply with all requirements and restrictions.
BetB2B betting platform: modern solutions for your gambling business
In order to meet the needs of everyone who wants to run their own online casino or sportsbook, the key is to provide high quality products and services in order to gain a competitive edge in the market. BetB2B com is a platform that specializes in creating iGaming websites for other companies. The BetB2B API can be easily integrated into an existing platform and the design can be fully customized according to the client’s requirements.
BetB2B offers the following turnkey solutions:
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Turnkey Solution BetB2B is a comprehensive all-in-one solution that includes a wide range of content for online casinos and betting. It includes all the necessary components to successfully launch and effectively manage an online business in the iGaming industry.
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Sportsbook API is the BetB2B Sportsbook offers an extensive selection of sporting events for pre-match wagering, encompassing a diverse array of bet types and a wealth of odds options. The solution allows take bets on over 182 sports, provides access to 3,000 events and existing games, to live match and visualizations via the unique BetB2B Live Zone technology
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Retail Solution BetB2B provides turnkey solutions from Bet B2B for retail bookmakers.
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“BetB2B strives to provide quality services in the gambling and betting industry. Therefore, our specialists make every effort to create effective solutions, eliminating possible errors that may arise in the process of working on a project”, a spokesman for the company said.
When iGaming companies turn to for services and get access to a ready-made platform designed with every detail in mind, this allows them to avoid mistakes and use the experience of BetB2B specialists: “We provide clients with turnkey solutions that have passed all the necessary checks and tests, which guarantees high quality”.
