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China Promises to Fight Online Casino Gambling

China has a rich tradition of gambling and use of casinos – one of the most popular games on online casinos, Keno, has its roots in China. The Chinese authorities, however, do not want this tradition and image to taint its population and has come up with a strict plan of action to eradicate online casinos and gambling sites from the country’s internet users. The online casino industry in China, until recently, was relatively unhindered by the Communist Party government; but with these new regulations about to come into action, they are being extra cautious.

Chinese ISPs have decided to go along with the Chinese authorities and have banded together to rid cyberspace of online casino, gambling and other ‘unhealthy’ content through self regulation and legal moves. The ISPs said that they have received hundreds of thousands of queries from the public about complaints regarding online casino gaming and the like, and they have decided to take moves against these online casino sites.

China, with 111 million Internet users, is the world’s second largest Internet market only after the United States – even though it is not a democracy Enforcing this move to cut back on online casinos usage will not be popular with the public, but the Chinese government is not known for caring much about the public’s welfare (think the 1989 crackdown on democracy protestors). With such a high number of internet users, it is clear that a huge sector of the population enjoy online casino gambling.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.