Almost all Asian countries are currently rethinking or reconsidering their opinions on the gambling industry. It is due to the fact that casinos and other gambling establishments are constantly growing in legal states, which increases the country’s tourist appeal and provides cash for the government.
Asians spend approximately 14 million US dollars a year on games of chance. This includes a casino game, stakes for races and totalizators, lotteries, and all illegal bets. They are expected to spend 23 million US dollars per year in 2010, according to estimates. First, the Asians’ interest in gambling is influenced by the mentality and disposition of their nations. They play a game where they do not just try to win money, but also check their fortune and destiny. The growing demand for gambling games is also due to the rapid growth in Asian economies, especially China’s population.
It is all well known by the state authorities. They see gambling as an additional source of income, as well as providing jobs for citizens and a tourist attraction. Macao is a Chinese enclave where casinos are legal. It also provides the authorities with their principal income. More than 10 million tourists visit Macao every year with the sole purpose of playing and spending money on related services. This is also a major advantage for the state. Many people believe that casinos must be fully licensed.
The fear of social woes that are somehow or another a result of gambling prevents statemen from taking any action in relation to the revision of the law regarding gambling. Certain governments want to limit the access of local residents and locate casinos in remote locations to lessen negative social influence. Experts say this isn’t a solution as venturesome Asians will continue to play in clandestine casinos.
This is possible in countries with the most restrictive gambling laws. There is always the possibility to travel to neighboring countries and make money. Thailand is a good example of this, as casinos are not allowed there. There are about 20 casinos waiting for venturesome Thais right on the border to neighboring Cambodia vworld888 login.
Supporters of legalizing casinos and other forms of gambling game claim that those with problems with gambling have already got them. Legalizing casinos will bring out the problems. This is far better than being unaware of what’s going on.
Representatives of authorities from Asian countries conducted research to understand the impact of gambling on their population. They visited world entertainment centers such as Atlantic-City and Las-Vegas to be reassured about the necessity and inevitable legalization of casinos. Practically all of the major casinos have staked claim to the Asian market for gambling games. These companies include those that own mega resorts in Las-Vegas, as well as Australian, South-African, and European firms.