One of the major contributors is technology. Like in other markets, technology plays a big part in the development of sports betting in Asia. This has seen international betting companies like Betway make their way into the Asian sports betting market. Asia is a large continent that hosts over 4.6 billion people. Their view towards sports betting is also another reason for its rise.
Asia’s Large Population Offers Enormous Potential For Betting Companies
Bookmakers love Asia because of its population. The large numbers of people from different regions and cultures have contributed to the increasing number of sporting activities. Such areas that are active in sports betting include China, Thailand, Japan, Cambodia, and Vietnam. They mostly participate in sports like football, and they are headed towards other small events. Cricket betting has grown tremendously in the recent past in India. Other regions like South Korea have changed dramatically in terms of betting because of e-sports. The growth in e-sports has enabled many people to bet highly on cricket.
Use Of VPN
Another contributing factor to the rise of sports betting in Asia is the use of VPN software. There are some countries in Asia where sports betting has been banned or is highly controlled. Previously, sports punters would not bet in such places, but with VPN, they can do it by accessing regional and international betting sites like Betway88. By accessing international websites, they can get better pay-outs and also experience a wide diversity of events. The
rise of sports betting in Asia has also been on the rise because of mobile sports betting. Many Asians prefer using their mobile devices for sports betting because of its advantages. Here are some reasons for the use of mobile devices:
Convenience
Mobile devices have made sports betting easier since one can bet anywhere at any given time. With a bookmaker app on your phone, you can place bets anywhere without having to go to your personal computer.
Mobile betting has played a significant role in the rise of sports betting in Asia. Furthermore, mobile device manufacturers have made their devices more robust yet affordable. With more smartphone owners in Asia, the betting companies get a chance to expand their reach.
Easy Payments
Most Asian users have mobile banking apps and also e-wallet apps. These applications enable them to make transactions at any time. Therefore, punters can effortlessly transfer finances to their betting accounts without struggling.
Initially, the lack of secure and convenient ways of transacting with international betting companies had impeded the sector’s growth. But, with the issue sorted, the industry has attracted more sports betting fans.
Perfect In-Play Betting
With a portable device, you can watch live-stream events where you are. This is beneficial for bettors that live in-play betting. This is where live bets are placed on several events or teams using the mobile device. It is easier to monitor all the updates.
Online sports betting operators like Betway88 offer their clients more in-play betting opportunities with great offers. This attracts more punters making the industry grow.
Final Thoughts
In summary, sports betting growth is set to continue in Asia as technology continues to advance. Changing attitudes towards sports betting will also contribute to the growth.
Japan's Olympics minister said Wednesday that coronavirus vaccinations would not be a prerequisite for participation at this summer's Olympics and Paralympics, despite a World Anti-Doping Agency appeal that athletes be inoculated. (Kyodo)
Roughly 1,000 volunteers who were to help out at this summer's Tokyo Olympics and Paralympics have quit in the wake of sexist comments by former organizing committee president Yoshiro Mori, the committee said Wednesday. (Kyodok)
Travel virtually anywhere in Japan and it won’t be long before you hear the distinctive cacophony of a pachinko parlour ringing out. (newsonjapan.com)
Mongolian-born yokozuna Hakuho on Monday spoke of his frustration at missing the January Grand Sumo Tournament after contracting the novel coronavirus, while remaining hopeful of a memorable return at the upcoming March meet.
(Kyodo)
The Japan Sumo Association imposed the second most severe punishment on stablemaster Tokitsukaze on Monday, recommending he retire for violating coronavirus protocols when he made nonurgent, nonessential outings during a basho.
(Kyodo)
Japan's Naomi Osaka on Saturday defeated Jeniffer Brady 6-4, 6-3 to win the Australian Open final as she continued her unbeaten streak to 21 matches (14 Grand Slam matches). (wionews.com)
Women's tennis star Naomi Osaka on Thursday welcomed the appointment of former Olympic minister Seiko Hashimoto as the new head of the Tokyo Olympics organizing committee in place of Yoshiro Mori, who resigned last week amid a storm of criticism over his sexist comments.
(Kyodo)
Hashimoto Seiko has officially been chosen as the president of the Tokyo Games organizing committee. She stepped down from her cabinet position as Olympics Minister.
(NHK)
Japanese tennis star Osaka Naomi has beaten Serena Williams in two straight sets to advance to the women's singles final at the Australian Open.
(NHK)
Over half of Japanese firms believe the Tokyo Olympic Games should be cancelled or postponed, a survey by think tank Tokyo Shoko Research showed on Monday, casting further doubt over the fate of the troubled Games. (Japan Today)
Yoshiro Mori on Thursday decided to step down as head of the Tokyo Olympics organizing committee amid a furor at home and abroad over his recent discriminatory comments about women, Nikkei has learned. (Nikkei)
Some 390 Olympic and Paralympic volunteers have decided to give up their roles in the wake of sexist remarks by Tokyo Games organizing committee chief Yoshiro Mori, the committee said Monday.
(Japan Today)
Japanese tennis player Nishikori Kei has been defeated in the first round of the Australian Open.
(NHK)
The Asian continent has experienced tremendous growth in Sports betting recently. (newsonjapan.com)
Women's world No. 3 Naomi Osaka served up a tennis master class at the Australian Open on Wednesday with a 6-2, 6-3 second-round victory over Caroline Garcia of France in Melbourne.
(Kyodo)
After igniting a social media backlash and catching international media attention, the head of the Tokyo Olympics and Paralympics organizing committee is apologizing for controversial comments.
(NHK)
Olympic officials have unveiled anti-coronavirus guidelines to be observed by international sports federations taking part in the Tokyo Olympic and Paralympic Games.
(NHK)
Tochinoumi, who was the oldest living yokozuna, died Friday from a type of lung infection known as aspiration pneumonia at the age of 82, a Japan Sumo Association official said.
(Japan Times)
Three-time Grand Slam tennis champion Naomi Osaka of Japan has become an investor in the North Carolina Courage of the National Women's Soccer League (NWSL), the American squad announced Thursday.
(Japan Today)
The Spring Grand Sumo Tournament will be moved from its traditional Osaka venue to Tokyo to limit the mass travel of wrestlers and staff during the coronavirus pandemic, the Japan Sumo Association said Thursday.
(Kyodo)