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CHINESE AUTHORITIES DETAIL ANTI-ONLINE GAMBLING ACTION
6/12/10 - Chinese enforcement officials have unveiled some interesting statistics related to the country’s determined assault on illegal online gambling websites, reports The China Daily.
On one domestic website alone, gamblers placed 175 billion yuan in bets in 2009, said Wang Xuehong, executive director of the China centre for lottery studies at Peking University.
Police across the country have recently raided several illegal websites and arrested organizers , and report that he turnovers of most websites exceeded 100 million yuan, much of it flowing to overseas owners,
Among the dozens of gambling rings dismantled in East China's Zhejiang province, 60 percent were controlled by foreign organisations, China National Radio reported.
Wang Xuehong suggests that while police operations should be maintained, the key to address the problem requires regulators and operators to think about how to further open up and develop the legal Chinese lottery industry in order to satisfy the demand for gambling by citizens in a positive, safe and controlled manner.
"Illegal gambling websites are cashing in on the demand for better lottery products," she said. "You can't really kill or contain the public's demand for gambling; it's an aspect of human nature, just like eating."
The number of illegal websites has grown because Chinese lottery products are not diverse enough, therefore are not exciting or entertaining enough to attract gamblers, argues Wang.
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Asia Gaming To Showcase Live Dealer Action -
Asia Gaming will be practically demonstrating its live dealer baccarat at the ICE show next month. The Asia-facing online gambling provider is on the expansion trail and intends to make a big impact at the expo and conference in London.
2017 Aussie Millions Event 6 -
Heads up, Boivin faced local pro Joel Feldman, but the Aussie proved to be no match for an on-fire Boivin who dispatched him with the runner up prize of A$78,440.
2017 Ice Totally Gaming -
Next month's ICE Totally Gaming conference and expo will again be a truly international affair, following confirmation by organizers Clarion Gaming that a total of 67 jurisdictions and sovereign states will be represented on the show floor at ExCeL Centre, London.
IGT in 7 Year Deal With Svenska Spel -
#IGT , as legacy #GTECH , has been providing video lottery products and support services to the state-owned monopoly Svenska Spel since 1996, the statement reminds readers.
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