True, but US has i guess more controversial for legalizing online gambling since there are so many pending reviews in the US and still debating it.
In Online gaming market Asia and the Middle East accounts for nearly ~% of the market, with that region’s share broadly unchanged in recent years. Macao is the leading gambling jurisdiction in Asia, representing more than ~% of this regional market.
- Singapore is a developed market for gambling in Asia and now Japan is also mulling steps similar to Singapore. Singapore, counts among the highest gross gaming revenue/GDP with market of worth US$~ billion. According to a study, Singapore generates the worlds highest spend per capital on lottery sales.
- The annual lottery revenue in China expanded from US$~ million in 1987 to US$~ billion in 2009, representing a CAGR of ~%. Worldwide, the size of ChinaÂfs lottery market grew from No. — in 2007 to No. — in 2008.
- By end-2012, VLT sales to reach US$~ billion, implying a CAGR of 25% during 2007-2012. In welfare lottery, computer ticket games account for ~% of total welfare lottery sales; instant scratch cards take about ~%; and high-frequency games (VLT/Keno) take the remaining 21%. China handset game industry is entering an accelerated growth phase. The overall market grew 39% YoY to US$ bn in 2009 and the sector is poised to post a ~% revenue CAGR during 2009]12.