Asia in focus at World Gaming Executive Summit

    Published in: Latest IntelligenceAre you missing out? Most think so…Halfway around the world at the World Gaming Executive Summit in Barcelona this month, most had the Asian gambling market on their minds.Tom Hall, business development director at ONEworks Ltd., a sportsbook platform provider, expressed the view that online gambling companies eyeing signs of regulatory loosening in the US may take the risk of foregoing more lucrative and solid opportunities in Asia over the coming five years. He suggested it could be difficult for European operators to make money in the US in the long term, stating simply, “They don’t need us”.   Hall, non-executive chairman of online gambling operator AsianLogic Group and former group chief executive at Playtech Ltd., cited the example of Bet365 Group Ltd. to highlight the potential of Asia. He said Bet365’s profits have risen 500 percent over the last five years, with 40 percent to 50...

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