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Liberalising Chinese gambling laws

Liberalising gambling laws could help China survive the global economic downturn, sports officials told the annual meeting of China's parliament this week, according to a report from the Reuters news agency.
 
"I suggest we deregulate the lottery," Hebei delegate Yang Jingzhi told the Sports Circle at the Chinese People's Political Consultative Conference. "Our present lottery games are monotonous. We should fully introduce the international practices, such as betting on horses, "mark six" and various others. There are lots of types of lottery in Britain and the U.S., can we see any harm? As long as it is well legislated, there is not much harm."

CherryRed Casino Jingzhi set the tone for several other suggestions by political representatives as the advisory body discussed ways in which sport could contribute to the economic challenges China faces.
 
"The sports industry in the short term can help maintain stable economic growth and employment," deputy sports minister Wang Jun said. "The sports lottery can help create jobs. There are some 300 000 lottery ticket sellers in the country. We are facing a problem that underground casinos and overseas gambling have dangerously broken in, taking an estimated 10 times as much as our official lottery.
 
"In Hong Kong, where the legal lottery is well developed, the official business is 10 times as big as the private ones."
 
Gambling was banned in mainland China after the Communist takeover in 1949, the exceptions being two state lotteries - one of them run by the sports ministry to fund the building of facilities.
 
It thrives, however, on the race courses of Hong Kong and in the casinos of Macau - both special administrative regions - while the frequent break up by police of underground syndicates indicates a flourishing illegal sector.
 
But the beginnings of change are visible - the central city of Wuhan hosted the first commercial horse race in China since 1949 in November 2008. Gambling was strictly limited with prizes, not cash, on offer for winning bets.

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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