I'm not from a third world country so I can only speculate but perhaps some of these people had less access to the home systems I had growing up for example. I had a friend I worked with from Trinidad and he said PS1 games at the time there were like $100-$150 for a single game for people with probably not that much disposable income in all honesty. Because of the high barrier to entry, I would imagine a person such as this would associate gaming more with what had been in their local arcade at the time he could put a few dollars or whatever in (he was a big SNK fan btw), which again because an operator could have 1-6 games on one system and it was relatively cheap for the op to change games from there, which would in turn influence the tastes of the consumer because that is what was available.
I could just be reading too much into it, it could also just be a matter of taste as well.
Let's not forget too even though it was late in the Neo's life Evoga was a Mexican company, according to Wikipedia them working with Noise Factory and Playmore
https://en.m.wikipedia.org/wiki/Evoga "This was also the first Japanese-Mexican collaboration of its kind." Which again would point that there was still a demand in Latin American countries for new Neo games like Rage of the Dragons.
On a side note in the new Retro Gamer mag with Street Fighter II on the cover it mentions that there were 200,000 SFII cabs in Mexico with 0 sold direct to Mexican OPs by Capcom.