😱 Business in Asia: online betting — not resorts — may become the region’s main growth driver

😱 Business in Asia: online betting — not resorts — may become the region’s main growth driver

This conclusion was presented by analysts speaking at the G2E Asia conference held in Macau from May 12 to 14. What supports this outlook ❓

➡️ Online gambling activity in Asia is already substantial, although much of it still operates outside regulated channels.

➡️ The regulated market for online casinos and betting is particularly developed in the Philippines🇵🇭, despite — or even because of — the pressure affecting the land-based gambling sector. In 2025, electronic gaming generated 1,872,223,917 USD in tax revenue, representing an 82.67% increase compared with 2024. Following these results, regulators reduced the online betting tax in early 2026 from 17.5% to 15%.

➡️ In 2025, Singapore’s🇸🇬 gambling market was valued at 712.80 billion USD, with projections indicating growth to 1,387.34 billion USD by 2034. The market has benefited from the arrival of wealthy residents and migrants, reducing reliance on inbound tourism. This has particularly boosted the online VIP gaming segment.

➡️ Meanwhile, Macau🇲🇴 remains primarily a land-based casino market, although its GGR reached 247.4 billion patacas (30.86 billion USD) in 2025, maintaining annual growth of 9.1% over several consecutive years. This recovery has been driven by mass-market gambling, premium mass customers, and non-gaming investment commitments following the pandemic period.

➡️ Outlook❕— the transition is unlikely to be uniform, as the pace of reform will depend on each jurisdiction’s political, cultural, and religious characteristics. Nevertheless, analysts believe governments will increasingly seek to capture revenue currently flowing to offshore and illegal platforms.

#news #Asia #gambling #betting

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