why are some live dealer studios positioned in obscure locations?

It always gets me wondering how some live dealer studios end up in countries I had to Google just to know where they are. Is it about taxes, or are these places just cheaper to run a studio in? You’d think the tech and dealer talent pool might be a problem if you set up in some tiny country most people haven’t heard of. Maybe there are loopholes for licensing or payment options, especially with crypto now.

I get why you wouldn’t want to run a whole operation from places with super strict laws, but still, you’d expect bigger hubs for live dealers, right? Does anyone know if the experience changes based on where the studio actually is, or is it all pretty much the same from a player’s side?