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Will Chinese Lottery Resume

Sunday, April 17, 2016 :  CHINESE ONLINE LOTTERY SECTOR SET TO RESUME?
 
After a year of suspension government officials are considering a resumption under new regulations.
 
According to a weekend report in the Economic Observer quoting informed sources, the Chinese government is considering the introduction of new regulations and an initially trial period ending the year-long suspension of Chinese online lottery sales.
 
The report claims that officials plan to launch new pilot programs this year to restart online lottery sales, and held a seminar in January to discuss regulations.
 
The unnamed source said authorities have a supportive attitude toward lifting the suspension.
 
InfoPowa readers will recall that the suspension was imposed in April last year by eight central government agencies, citing risks to consumers.
 
Pointing to operator "rampant irregularities" the Ministry of Finance alleged at the time that lottery sales organisations had entrusted internet companies with sales services without official authorisation.
 
The suspension also impacted major companies approved by government in an earlier pilot program, such as Sina.com, Taobao.com, 163.com, 500.com and China Sports Lottery Operation Co.
 
The new regulations will require online lottery sales organisations to first secure approval in a vetting and probity process.
 
Companies will not necessarily have to get approvals from government authorities, the source said, but they must pass qualification checks from lottery issuers - the National Welfare Lottery Center and the National Sports Lottery Center.
 
China's lottery industry suffered its first decline in 12 years in 2015 following the online sales suspension.
 
The Economic Observer claims that a lack of practical and relevant regulations resulted in administrative, oversight and enforcement difficulties in the past, exacerbated by software deficiencies.
 
There were accusations of widespread corruption and money laundering, prompting the central government to act.
 
There are two kinds of lotteries in China, China Welfare Lottery and China Sports Lottery.
 
China's Ministry of Civil Affairs is in charge of the Welfare Lottery and the Sport Lottery is authorised by China's Sport Administration.
 
A report on China's online lottery market issued in 2014 shows that more than 100 million people in China bought lottery tickets through online platforms in 2014 and the internet became an essential purchase channel in the country.
 
Pre-suspension, the country's online lottery sales soared, with online lottery sales reaching 85 billion yuan ($13.1 billion) in 2014, a 102-percent increase from 2013. The figure was only 3.8 billion yuan in 2009.

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Gambling News :

South Africa Going After Illegal Gambling - In South Africa a combined national police and federal enforcement initiative has shuttered 19 illegal gambling venues across the provinces of Northern Cape and North West.

The Winning Express arbitrage sports betting scheme - A UK-based GBP 27 million arbitrage sports betting scheme, The Winning Express, has collapsed, leaving a thousand investors with concerns that their money is lost, according to a BBC report over the weekend.

Global Poker League Championship Results - #gpl The inaugural season of the Global Poker League Championship played out this week with the Montreal Nationals besting the Berlin Bears across 11 games to claim the $100,000 main prize.

Yahoo DFS Gets Uk License - #yahoo Industry observers point out that Yahoo has thus far carried out little in the way of major marketing on DFS in its US endeavors, unlike rivals DraftKings and FanDuel, and they expect it to follow a similar path in the Britain.

SPANISH GAMBLING MARKET CONTINUES TO GROW - Spain's gambling industry continued to advance in 2015 with growth in most sectors, according to the latest research report from the Codere - University of Madrid Institute for Policy and Governance collaboration released this week.

Novomatic Acquires Albanian National Lottery - #Novomatic The Austrian gaming technology group Novomatic has issued a statement confirming that it has completed the final required steps for the successful acquisition of the Albanian National Lottery.

2016 Massachusetts Gaming Commission Report - Industry journalist Steve Ruddock picked up on some interesting statistics from the latest annual report of the Massachusetts Gaming Commission released this week, flagging the current results from its on-going monitoring research of the state gambling market.

Jack Lam denies bribe allegations - Allegations by Philippines Justice Secretary Vitaliano Aguirre that casino tycoon Jack Lam used 'facilitator' Wally Sombero in an attempt to bribe him into protecting Lam interests have been hotly denied by Lam.

Fonbet Gets Russian Betting License - #Fonbet Russian-licensed operators are required to use officially sanctioned payment hubs called TSUPIS to facilitate government oversight, and this may be a concern for Fonbet at present.

New Attempts to Restore the Wire act - In the first of these initiatives, which Online Poker Report notes is supported by only eight state AGs (half those who signed a similar letter last year), the signatories seek support for RAWA at a Congressional hearing scheduled for December 9.

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