Online Casino Hub Possible in Singapore

At the Asian Casinos Executive Summit recently held the Singapore News Today was discussing the possibility of Singapore becoming the next Asian hub for online gambling in the region. With two land-based casinos planned for Singapore it is possible that the country will begin opening up applications for online gambling licenses. This would turn the area into a hotspot for this still emerging industry. With many potential benefits as well as many potential pitfalls, more research will be needed by the Singapore authorities to determine if they will expand their land-based gambling operations into a virtual, Internet based situation as well.

Currently the only Asian market that offers online gambling licenses is the Philippines.