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HomeNewsDaily Asia Gaming eBrief: Southeast Asia's gambling boom fueling transnational crime and instability

Daily Asia Gaming eBrief: Southeast Asia’s gambling boom fueling transnational crime and instability

Good Morning. From Asia to the world. A recent report by the United States Institute of Peace (USIP) highlights the alarming rise of industrial-scale gambling operations in Southeast Asia, which are fueling transnational crime and regional instability. These operations, particularly prevalent in Myanmar, Cambodia, and Laos, exploit weak governance and law enforcement, with criminal networks predominantly from China targeting millions globally through illegal online gambling and sophisticated scams. Meanwhile, UBS has reaffirmed its positive outlook on the Macau gaming industry, raising 2024 mass estimates to 113 percent of 2019 levels due to better-than-expected revenue. The SAR reported 342,861 tourist arrivals during the three-day Dragon Boat Festival.

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AGB Intelligence

SOUTHEAST ASIA

Transnational crime flourishes via Asia’s gambling operations

There has been an alarming rise of industrial-scale gambling operations in Southeast Asia, fueling transnational crime and regional instability, according to a recent report. These operations, particularly prevalent in Myanmar, Cambodia, and Laos, exploit weak governance and law enforcement, with criminal networks predominantly from China targeting millions globally through illegal online gambling and sophisticated scams. The annual value of funds stolen by these syndicates is estimated at $64 billion, with operations heavily relying on forced labor.


Corporate Spotlight

Online casinos onboard users in 52 seconds with Sumsub

Sumsub, Online Gaming fraud

Internet fraud is rising in the gambling and gaming industries. If platforms cannot prevent online gambling scams, they face AML compliance issues and reputational damage among partners and users. Thanks to Liveness, Sumsub’s advanced biometric check, companies can stop even the most sophisticated frauds, like hyper-realistic masks, look-alikes, and deep fakes.

How 1xBet dominates the Asian market: conditions and approach

1xBet, Asian Market

1xBet operates in several dozen countries in Asia, and the number of partners in this region is growing steadily, which indicates the effectiveness of the 1xPartners affiliate program. The brand offers favorable conditions and a modern set of tools for making money on the Internet.


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AGBrief Editorial
AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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