Singapore is looking promising for online casinos

20 December 2010 – By Linda Jefferson

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Online casinos and land-based gambling is gaining more and more popularity around the world. The growing number of enthusiasts that support the legislation of internet gambling has prompted a forecast that Asian operators will soon call victory over those who are against this form of entertainment.

Singapore is one of the predicted countries to potentially modify their regulations and start enjoying this new form of amusement that the world is currently embracing. Analysts say that Singapore’s economy will have a lot to benefit from the gambling industry. The revenues through gambling alone could exceed $5 billion in the year 2011. The most relevant example for Asia is Macau, where tourism and gambling have been the primary drivers of the country’s economy.

Singapore has recently experienced an increasing number of tourists that brought the development of new resorts. The opening of these resorts can be an attracting force in founding the grounds for the gambling industry in Singapore. Gaming analysts believe that land-based and online casinos activities will surely attract and amuse the enthusiasts visiting Singapore from all over the world.

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