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The Philippines senator has filed a bill, seeking to ban almost all online gambling in the country and impose severe penalties against those who engage in any online gambling activities.
A number of Thai political parties have submitted draft amendments to the Gambling Act that, if approved, would legalize land-based and online gambling.
South Korea is set to become a key target market for regional casino operators in the absence of Chinese consumers over the next few years, according to Aristocrat’s General Manager, Asia, Lloyd Robson.
“The ministry is also involved in the review to improve laws related to gambling which is being carried out by the Finance Ministry,” he said when replying to a question by Noorita Dual (Pakatan Harapan – Tenom) in the Dewan Rakyat.
The rise in cryptocurrency payments can be traced to increasing online gambling activity in Asia. Countries like India, Japan, and Indonesia are top players when it comes to the positive momentum behind cryptocurrency betting.