A recent survey from Slotegrator of media experts from different countries has found that AI, NFTs, ChatGPT, and blockchain are now being integrated into iGaming platforms, enabling operators to better identify audience needs and appeal to them.
New technologies are creating more opportunities for improving customer support, offering new capabilities, and making player interaction more safe and comfortable, the survey found.
The survey also found that regulations are becoming stricter but that this can have a positive impact: making markets more transparent, regulated, and stable. Overall, the changes that the iGaming industry has undergone this year will determine the best destinations for investment in the near future.
Regarding the Philippines market, Slotegrator believes that the country is still considered the iGaming center of Asia due to its POGO program. According to Maybank Securities Inc, the Philippine gaming sector has shown sustained industry GGR growth. Its casino sector produced GGR of PHP59.26 billion ($1.06 billion) in the three months to March 31, up by 80.9 percent from the prior-year period.
Self-governing iGaming is also coming to India. In January 2023, the Ministry of Electronics and IT published rules that would establish a series of governing bodies to oversee online gambling in India. Instead of a bureaucratic agency keeping tabs on the private sector, the “self-regulatory bodies” will be made up of online gambling businesses themselves.
About the Asian market, it can be said that Macau is still “the Las Vegas of Asia” and the Asia-Pacific region is home to plenty of other valuable gambling markets like Vietnam, Malaysia, Indonesia, etc. It’s important to know crucial details about the regulations, notes the company.