Asia still hesitant to embrace legal online gambling

    Published in: Latest Intelligence The legalization of sports betting is rising up the agenda of Asian governments because of the tremendous volume of activity involved, according to leading industry figures who gathered in Macau this week for AGB’s online and land-based gaming convergence forum. Vietnam is already drafting legislation to legalize sports betting and India this month indicated it would consider the step as well. Other governments, such as Japan, are looking at expanding their sports lottery offerings to co-opt sports bettors.  David Leppo, chief executive of Cambodia-based Footballbet.com, attributes the new attitude to the rise of younger, more tech-savvy politicians. “I would go so far as to say that will happen in some parts of China because the underground market is so big in the amount of money being bet on a weekly basis that the government will be thinking, ‘If you can’t beat them, join them’,” Leppo said.Attitudes toward...

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