Sunday, February 5th, 2012

China Continues its War on Online Casino Sites

Published on June 24, 2006 by admin   ·   No Comments

The Chinese government continued its crackdown on online casino sites this month with further arrests and fines of illegal operators. According to Peking University, over 5 billion U.S. dollars was generated from gambling, mostly at online casino sites, in China in 2005. While the statistics have proved a cause for concern among legislators and traditional opponents of the industry, many online casino sites continue to target the local market.

Gambling revenues are equivalent to China’s total revenue from tourism in 2004 and have increased fifteen times since 2003’s revenues. Online casino operators first began to target Chinese casino players in 2000 where the network structure in many cities proved compatible for companies in marketing their services online. In the following three years the number of online casino sites available to Chinese gambling fans increased substantially. Today several offshore-based online casino operators cater for the Chinese market, with some of the industry’s largest players working on establishing a market presence.

While land-based firms such as Wynns, MG Mirage and Harrah’s are planning to develop lucrative live casino facilities in Macau – the only Chinese province where gambling is permitted – other major online casino sites are preparing to set up development branches in China itself. Among them are software providers and marketing firms directly responsible for providing the latest technology to online casino sites.

  Site Bonus
1 Casino.com $3200 Play Now
2 EuroGrand €/£/$1000 Play Now
3 William Hill €/£/$300 Play Now
4 21nova €/$320 Play Now
5 EU Casino €1000 Play Now
6 Winner $1000 Play Now
7 Europa €/£/$2400 Play Now
8 Del Rio €/£/$600 Play Now
9 888 €900 Play Now
10 Prestige €/$1500 Play Now

MORE LAW NEWS

Revising outdated laws and regulating online casinos are part Ireland’s motivation to publish new gambling laws next year

Next Year Ireland Will Present New Online Gambling Laws

Ireland’s Minister for Justice Alan Shatter has said one reason for the move to regulate online casinos is ...
The German state of Schleswig-Holstein legalizes online gaming, despite resistance from the National government to protect its state monopoly.

Regional state in Germany legalizes online gaming

Schleswig-Holstein became the first of Germany’s regional states to introduce legislation that will see online gaming become a ...
The State of New York is looking at allowing casino table games, such as blackjack and poker, in states’ casinos

New York State contemplating expanding casino offerings

Lawmakers in Albany, the capital of New York, are deliberating whether to allow table games in places ...
The European Gaming and Betting Association has submitted its official response to the publication of the EC’s Green Paper.

EGBA Publishes New Document in Response to Green Paper

The European Gaming and Betting Association (EGBA) has submitted a new report concerning online regulation in the European ...