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Compared to Macau, Singapore does not boast that many casinos. However, it’s quality over quantity in the tropical paradise. If you want to visit a high-end casino vacation, then one of the leading Singapore resorts is the place to be. Gambling laws can be rather strange at some places, so you should be ready to produce a valid identification document if you ever get the chance to walk through the doors of a Singapore casino. Even though gambling is not forbidden in Singapore, the locals are required to pay an additional ‘levy’ for entering a casino – which ranges from $100 for one day to $2000 for the whole year. Notably, the proceeds from this tax are used mainly for public works and charity.
Economic growth has exploded in Asia, and with it the demand for reliable and reputable online betting sites. As a result, a growing number of established international brands are joining regional betting sites to service the fastest growing online betting market in the world. While many international brands are licensed and regulated in European and Caribbean jurisdictions, a growing number are also opting to obtain licensing in the Philippines, which is quickly becoming an important hub for the online betting industry in South East Asia.
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While the domestic Super League is among the most widely followed competitions in the Malaysian sports calendar, the country is best known on the international scene for hosting two major motorsports events; both the Formula One Grand Prix and the Motorcycle Grand Prix World Championships have Malaysian stages, taking place since 1999 and 1991 respectively. Even before its inclusion in the World Championship, the track at Sepang had regularly hosted races since the early 1960s.
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In gaming sector, Dr. Lin constantly advises clients in both public and private sectors on policymaking and regulatory matters with respect to casino-based integrated resort, sports betting, lottery, horseracing, online gambling, and new type of gaming activities. Under Dr. Lin’s leadership, Lin & Partners, since 2010, have been engaged by the Tourism Bureau, MOTC, the proposed casino regulator in Taiwan, to draw up the overall legal framework as well as the relevant statutes for the casino-based integrated resorts in Taiwan.
The Phillippines have emerged in recent years as one of Asia’s most preferred jurisdictions for the licensing and regulation of online betting sites. A growing number of reputable international brands have established operations in the Philippines, taking advantage of the country’s rapidly developing infrastructure and commitment to growing the industry.
For companies looking to set up a gambling company in Asia, the Philippines is a very valuable gaming license to hold. Although it’s more expensive than other licenses, the taxation system is beneficial for international companies. A full license, covering both online casino and sportsbooks, includes a new application fee of $40,000 and an additional $48,000 per year for sports book operations payable upon license issuance. The renewal fee is $40,000.