The cryptocurrency Bitcoin is proving highly popular in China as a way to get around currency controls and as an alternative investment vehicle. Thus far, the Chinese Government has done nothing to regulate or ban access to sites where bitcoins can be bought with Chinese yuan, said speakers at a Bitcoin Singapore conference last week.
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Singapore police have busted at least two illegal gambling operations in the past week, while across Asia authorities have moved to stamp out illicit activities, from raids on premier league matches in India, to illegal number forecasting in Malaysia.
The Puducherry union territory government has urged the union government to ban online gaming platforms and mobile apps, describing it as a necessity to protect the mental health of vulnerable people.
The next edition of the AGB Webinar Series will look at the future of iGaming customer acquisition and retention, which has been going through a transition period over the last year.