Chinese Online Bingo and gaming industry growing rapidly
18th December, 2007
“Associated Press” reported that “about 43 million to 45 million people currently play multiplayer online games in China”.
Asia, on the other hand, is still getting used to the idea of gambling, which is according to Pali Capital analyst Tian X. Hou, due to the “cultural unfamiliarity”.
It seems that the wise decision for bingo halls would be to concentrate on Chinese gambling market, as it is indeed booming at the moment and is predicted to be for some time to come.
The market has escalated by around 25% over the last few years and this year’s total is predicted to bring around $1 billion. Experts say that Chinese market will be growing faster than any other in the world in the near future and according to Hou and others, by 2010 the market should be worth $2 billion.
