Asian casinos are likely to be the next big thing in the gaming industry . With the global casino market projected to reach $510 billion by 2020 , Asia is becoming a hot spot for casino developers and operators.
This isn’t the first time casinos have spread to Asia. In recent decades, the region has been a leading market for casino gaming. Las Vegas, Atlantic City, Macau, and Singapore are examples of these casino hubs . However, some of the biggest developments in the Asian casino industry are in China, India, South Korea , and Japan.
In this article, we’ll take a look at the Asian casino market and how it is expanding. We’ll also examine some of the key players in the industry, including Macau, Singapore , and Las Vegas. We’ll also take a closer look at some of the most commonly played casino games in the region .
The Casino Industry in Asia
Asia is the largest casino market in the world. It’s also the world’s fastest growing market for casinos. The Asian casino market shows no signs of slowing down and continues to grow rapidly .
The largest Asian markets are China , India, and Japan. More than half the revenue for casinos comes from these three countries. Each year, they add around $800 million to the global market just from these three markets alone .
Some of these casinos are some of the largest in the world . From the Venetian Macao to the Genting Casino in Genting Highlands, there are casinos in every continent but Antarctica. However , the biggest players in Asia are Macau and Las Vegas.
Macau has been the largest gambling hub in Asia for decades. Macau is a Special Administrative Region of China . For more than 50 years, it has been the only place where gambling is legal in China. As a result , it is one of the most popular destinations for Chinese gamblers worldwide.
Las Vegas is another popular destination for gamblers in Asia. Every year , millions of tourists make a trip to Las Vegas to gamble. It also attracts gamblers from all over the world .
However , not all casinos in the region are legal. Many countries in Asia have banned gambling in their country . Many countries have restrictions on where casinos can be built and how they can legally operate.
Asia’s Largest Casino Market
The biggest market in Asia is China. It has over 350 million people and is the largest economy in the world . Gambling is illegal in China though and has only recently been legalized in some parts of the country.
Chinese gamblers love to gamble, so the market has huge potential . China is most famous for its Mahjong game , which is played on tiles. It is also a very popular pastime among Chinese people.
However , Chinese gamblers prefer to play Mahjong at home rather than in a casino. At the moment, there are only five legal casinos in China . These casinos are located in major cities like Shanghai and Beijing.
Although gambling is not allowed in China, it is legal in Hong Kong and Vietnam . Both these Asian countries have large gambling markets that are growing quickly. However , Hong Kong is more established than Vietnam when it comes to gambling.
Asian Casinos and Gaming
One of the main reasons why the Asian casino bk8 market is growing so quickly is because of the growth in the number of casinos in the region .
There are more than 2 ,000 casinos in Asia currently. This number is likely to double in the next few years as more and more countries allow gambling inside their borders .
The top casinos in the region include Sun Yat Sen Grand Theatre and City Casinos , both of which are located in Macau .
Macau is already the largest gambling hub in the world. It also happens to be home to some of the biggest casinos in the world. These casinos include the Grand Lisboa Hotel and Casino , the Venetian Macao Hotel and Casino, and the Wynn Palace Hotel and Casino .
Macau is also the home of many of the largest gaming companies in the world like Sands China Ltd . and MGM Resorts International.
The largest casino in India is currently the Taj Vivanta Resort in Agra. It opened in 2012 and has 21 gaming tables with 2 ,100 gaming machines .
Other large Indian casinos include the Welcome Hotel and Casino in Goa and the Deltin Royale Casino in Goa and the Jai-Alai Towers Casino in Daman .
The largest casino in Japan is the Tokyo Hilton in Japan. It has 23 table games with 1 ,128 gaming machines and 250 hotel rooms .
The Growth of the Asian Casino Industry
The growth of the Asian casino market is primarily driven by two factors:
- Increased numbers of casinos in the region
- Increasing migration of gamblers from developed countries to Asia
Due to this growth , the Asian casino market is projected to reach $500 billion by 2020 .
The biggest growth for Asia is in the number of casinos in the country . Most of the larger countries in Asia already have hundreds of casinos , with more than 200 casinos in Macau alone.
There are also many more smaller countries like Cambodia and China that have a small number of casinos at the moment but are likely to begin expanding soon .
It’s not just casinos that will grow in Asia in the coming years. It will also see a rise in the number of slot machines and the number of people gambling online .
In 2015 , there were 90 million online gambling users worldwide. This number is likely to grow significantly in the coming years as more and more people turn to online casinos for their gambling needs .
If this prediction comes true , Asia will become the fastest-growing market for online gambling in the world .
A Look at the Top Asian Casinos
The biggest casino in Macau is the Sands Cotai Central in the New Taipa District of Macau . It has more than 1 ,600 slot machines and more than 300 table games.
In India , it’s the Taj Vivanta Resorts that has the most gaming tables in the region . It has more than 200 gaming tables with 2,100 gaming machines.
The largest casino in Japan is the Tokyo Hilton. It has more than 1 ,128 gaming machines and 250 hotel rooms .