Gaming Earns Top Revenue in Asia-Pacific Region

News | February 12, 2013 at 2:53 am




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Exciting economic growth is being reported within the Asia-Pacific region. This is according to a recent which specifically focuses on growth seen in Australia and New Zealand as well as Asia.

The growth mentioned is occurring within the gaming sectors which are growing despite sluggish sectors in other parts of the economy.

Asia-Pacific GamingThere are many reasons for this growth. One of these is advances that have occurred in technology that help to boost online gaming revenue. Users can now play not only from their computer but using new mobile casinos though sites like CasinoOnline.co.nz, which allow gambling literally anywhere a signal can be obtained. Successful advertising campaigns have also helped draw attention to the sites.

Revenues in both regions have increased. Within Australia, there has been  a 3.3% growth in a burgeoning area of gaming, sports betting. Poker still accounts for an overwhelming majority of gaming revenues though. This is no doubt due to the success of the pokies. In Southeast Asia, it is estimated that revenues will double by 2015.

Government decisions to legalize gambling in the country of Singapore have proved wise, as the country has become one of the top earners in the region. As part of development projects, the countries of Southeast Asia are being chosen by developers to provide even more casino resorts to cater to a burgeoning market. Vietnam will open a casino resort in 2013. Built by MGM Grand International, the resort is symbolic of what gaming is doing to turn around the economies of Southeast Asia.

Macau has become a Mecca for gamblers worldwide. In fact, the location overtook Las Vegas in 2007 as the world’s top gaming locale. With hopeful signs of continued growth, the industry is sure to grow.

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