Asia Still Not Ready for Online Gambling

April 9, 2008

Bodog Life was considered to be at the forefront of online gambling in Asia, but according to the company, no one is there yet. Many thought that it looked pretty good for the mainland to start offering online gambling access to its residents, but now it seems that there are many road blocks in the way to that becoming a reality.

According to Calvin Ayre, Bodog’s founder, there are many issues that must first be addressed before online gambling will be allowed. They say that they are not ready to give up on the issue yet, but that they are proceeding with caution. They say that they do “not have any Asian plans at this time,” but admits that they are still looking into the possibilities.

To move into the Asian online gambling market, there are several issues at hand. There is the fact that there are currency differences there that are not found in many of the other online gambling markets; there are cultural differences; and there are communication issues. All of these things must be overcome before they can even consider bringing in online gambling.

Many of the smaller online gambling companies are now looking to see what Bodog does. If they move forward, then they will follow suit. However, if Bodog chooses not to move into the Asian online gambling market, then assuredly it will be some time before anyone else gives it a try either.



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