Is Adverlet’s Online Football Betting Campaign Legal?

I’ve learned from Jialat.com that Adverlets is currently running a campaign for Ascorts, a Phillipines-based online football betting site.
Adverlet’s has indeed announced that this campaign will run for China, Malaysia and Singapore.
AscotSports would like to let you in on the action, and are offering a sponsored posting opportunity for Advertlets bloggers to help get the word out about their service. Read more below for details! Also of note: We are also running banner campaigns across the entire Malaysia, Singapore & China network for this, but it is opt in only, only bloggers that are keen on this genre of ads will be included. For those keen to opt in for gambling/betting/sportsbook based ads, please make sure to update your ad genre preferences in your Advertlets account.
Adverlets is even going to have sponsored blog posts for Ascorts.
While this is very exciting, some questions come to mind - Isn’t online gambling illegal in all of those three countries?
I know it’s most definitely illegal in Singapore and most of the online bookies have not been accepting Singapore credit cards since 2002. Same thing for Malaysia as well. And the communist party in China has most definitely has identified gambling as a social ill.
Does anybody have any idea?
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