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The COVID-19 pandemic is projected to influence the Asia Pacific online gambling business revenue positively. The legalization of sports betting in Asia Pacific nations is contributing to a considerable rise in the net gambling market revenue. A rise in the variety of internet users together with increased adoption best online casino Singapore of digital payments in Southeast Asia will drive market development. In keeping with the e-Conomy Southeast Asia (SEA) 2020 report, around forty million customers from Malaysia, Vietnam, Singapore, the Philippines, Indonesia, and Thailand got here for the first time in 2020. This resulted in rising the variety of web customers to around 400 million, representing 70% of the region’s inhabitants. In October 2020, YouTrip, a multi-forex cellular wallet platform in Singapore, reported a 260% increase in online transactions of games between January to September 2020 compared to the identical interval in 2019. The company also noticed an identical development in customers choosing more online purchases from gaming-related websites similar to Steam, Nintendo, and Twitch.
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