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Asian Governments Should Legalize and Regulate Online Gaming Industry: Experts

Industry players say Asian governments should legalise and regulate the online gaming industry in the region, which is worth between US$50-$60 billion a year.

Gaming experts say the demand for online gaming in the region is huge and will continue to grow, whether it is legalised or not.

"Over the years people have estimate the illegal market in Asia (in interactive) is worth between US$50 billion to US$60 billion a year, which is a huge number. What I can say is, that number will continue to grow dramatically over the coming years. I would expect it to double every year over the next 4 to 5 years within Asia," said Tim Levene, CEO of Intellilogica.

Hong Kong may have instituted a law making online gaming illegal but for most Asian countries, it is a grey area.

Read the entire article at: Channel NewsAsia 

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