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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."
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.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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