European online gambling regulator IEvolution has launched a new brand, Coinbursts, in the Asian market. The Philippines will be the first to welcome the new company, which provides monetary entertainment, followed by other Asian countries. Coinbursts will commence operations in the Philippine market in early December.
IEvolution’s decision to launch Coinbursts in the Philippines is associated with overcoming the crisis caused by the coronavirus pandemic. This was stated by Alejandro Tengko, CEO of the Philippine gaming corporation Pagcor. According to him, lifting travel restrictions will enhance the country’s attractiveness to tourists.
Dyson Tama, the marketing director of Coinbursts, stated that the new brand will go beyond “simple gaming.” He expressed hope that Filipinos would enjoy the new online casino content and experience the “small joys of life.”
However, IEvolution has not disclosed details about the legalization of the European company, which is associated with the gambling industry, in the Asian market. In many Asian countries, gambling is either banned or heavily restricted.
