By megan blue
The
main markets for online gambling has always been in the US and
Europe. Not until the US congress took a firm stance against online
gambling, banning
credit-card companies from taking payments from such sites. Many
online casinos closed down and pulled out of the country. Despite the
legalities concerning the US, online gambling still remains to be the
most lucrative market in the internet. Taking full advantage of the
present technologies the web has to offer, industry analysts predict
the online gambling market will almost double to an estimated $22.4
billion by 2010, even with the US market under deep waters.
Customizer → Monetisation → in_article
It’s
no surprise that when US online gambling firms started to crumble,
companies that withstood the tempest crossed continents and turned to
Asia. Even in conventional casinos, Macao, through the help of
Chinese gamblers, overtook Las Vegas’ position as the top gambling
destination. Although China has some provisions that ban casinos,
online betting or online gambling remains in the grey area since it
never expressly said that these are forbidden. According to a review,
China will be allowing online gambling in Macao and there are also
other countries willing to host online gambling if China decides not
to. The Philippines is already giving licenses for online gambling
companies in Manila and in special economic zones in Cagayan.
Now,
many companies are developing Asiatic variations of their online
games. Cyber Arts, a leading online gambling software developer,
produced an Asian variation of the online poker, called Chinese
Poker. It’s basically a 13-card game developed for the Asian
Market. For online casinos testing the oriental marketplace, Chinese
poker is an online gambling software that’s great at acquiring more
customers. There is a large element of luck that gives beginners a
fair chance of winning the first few bets however when luck runs out
that’s when strategic playing counts. Many companies are developing
the online version of the traditional Japanese gambling game called,
Pachinko. This game is a $ 250 billion industry – bigger than all
the casinos in the world combined and now they are trying to get the
same figure online.
In
large part there is a big untapped market in Asia however not for
long. Many online gambling operators already saw this opportunity and
are currently under their drawing boards developing online gambling
games that will be a potential hit in the Far East. As a Chinese
proverb said, “If you
must play, decide upon three things at the start: The rules of the
game, the stakes and the quitting time.”
For
more information, you can check on <a
href=”http://www.cyberarts.com” target=”blank”>online
poker software</a>