No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
CHINESE OFFICIALS TURNING TO ONLINE GAMBLING
Stephen Wong, writing in the publication Asia Times Online this week made the interesting observation that Communist Party aparatchiks and Chinese government officials could be turning to online gambling for their entertainment and profit in a reaction to government crackdowns on corruption and misappropriation of public funds.
Wong notes that Beijing's efforts to crack down on gambling with public funds by Communist Party and government officials seem to have made little headway.
"While longer jail terms and the risk of losing their jobs fail to deter officials from gambling, visa restrictions to Macau - the most popular gambling destination for Chinese officials - has only driven officials to online casinos," Wong reports.
"As a result, online gambling inside China increasingly flourishes and the sums involved are become increasingly staggering."
The writer goes on to give examples supporting his contention. In one, government officials and the heads of state-owned companies were those busted by police for Internet gambling on sports, horse races and lotteries in six online casinos. The casinos have managed to accrue more than 50 billion yuan (US$7 billion) since the illegal operations began in 2004.
The arrests and misuse of public monies triggered a public outcry that proved embarrassing for state asset watchdogs.
In his article, Wong reveals that Chinese political leaders have launched recurring campaigns against officials for gambling as part of an effort to curb the widespread corruption that has undermined public trust in the government. He writes that as early as 2005, the Communist Party issued an explicit gambling ban on all officials and threatened to fire those who dared to take part in gambling activities. But apparently the ban has failed to deter officials.
Macau, the former Portuguese colony and gambling centre now under China's sovereignty, used to be the favourite destination for Chinese officials. In January, anti-corruption agents revealed that 53 officials from Guangdong province embezzled 22 million yuan (US$3.2 million) in public money to gamble in Macau, the articles says in giving another example. And last month, Zhang Jichun, a housing official in Beijing, stood trial for allegedly embezzling 7.3 million yuan to gamble in Macau from 2005 to 2007.
In another case, all nine top executives of Beijing Urban and Rural Construction Group, a state-owned real-estate company, were hooked on gambling. The former general manager, Nie Yuhe, would stay up the whole night gambling, the Xinhua news agency reported. All nine have been sentenced to jail for embezzling public funds or taking bribes.
"A 2008 study of 99 high rollers from mainland China showed that 59 had some sort of state affiliation: 33 were government officials, 19 were senior managers at state-owned enterprises and seven were cashiers at state businesses, according to the study, which was conducted by Zeng Zhonglu, a professor at Macau Polytechnic Institute," the article continues.
"This prompted the government to impose visa restrictions on government officials last year. The new regulations limit a mainland official to only a single, seven-day trip in at least three months."
While the visa control was hailed as quite effective at the beginning, the active participation of government officials and state managers in online gambling has given Beijing new challenges, claims the writer.
Chinese officials are not highly paid. But they are often seen flaunting decadent lifestyles and betting big in casinos outside China. According to Zeng Zhonglu's study, gambling Chinese officials reportedly lost an average of US$2.7 million each in Macau.
"Officials seldom use their own money to gamble," the Asia Times Online article continues. "Li Weimin, the mayor who gambled away more than 90 million yuan in Macau, did not spend a penny of his own money, although he owns several properties and shares in several companies, state media reported.
"As mayor and head of four township companies, Li could take money from company accounts as easily as if it were his own money. And his power was totally unmonitored: nobody launched any complaints and no auditor raised any questions. He was not caught until after he left his position in 2004.
"Similarly, Liu Sicheng, the finance chief of a small city in central China's Hunan province, gambled 8.1 million yuan of public funds from 2002 to 2007 without being noticed until he tried to flee. He was a high-profile gambler at local casinos and even bought a car to carry cash to casinos."
The article concludes by noting that China's lawmakers have been calling for harsher punishments for gambling officials. The jail term for gambling in the effective Criminal Code is set for three years. As a growing number of public servants, especially high-ranking officials, are involved in cases of gambling with public money, lawmakers have requested the term be extended to life imprisonment.
"But raising jail sentences will likely do little to scare away officials from casinos. China's up-down method of supervision cannot effectively monitor the leader of a government body, and as long as their power is not better constrained, officials will always have enough public money to feed their gambling habits.
"To curb gambling and gambling-linked corruption, China needs a free press and an independent judicial system to expose the wrongdoing of public officials. While heavy handed campaigns can curb gambling for a while, to root out gambling and corruption by officials, Beijing needs political reforms."
USA Online Gamblers. The Best Online Casino with the fastest payouts and highest bonus. Get your Exclusive Bovada Bonus Code now. Up to $4250 in free sign up bonuses. Dont miss out on this limited time special offer.Online Poker, Online Casino and Online SPorts betting all included in this exclusive Bovada Bonus.
Gambling News :
Local Florida Poker Pros Scam Marc Klang For $500k -
Previous scumbag rightfully wins over $500,000 gambling against a conglomerate of local poker pros. After using every excuse possible, said group decides they are not paying out any money. After some time they pay out $43k of 500k. Winner warns community of the groups actions to prevent similar future scams.
Super Multitimes Progressive HD Slot -
This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.
2017 Aussie Milliona Updates Events 2,3,4 -
Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.
Juventus name VWin as Partner -
“We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.
Luckia Group 2016 Results -
The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.
Fire Rooster Slot Launches -
This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.
n2-Live Updates -
The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”
Betfred FY 2016 -
Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.