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Legal
October 24, 2020
China Bans Gambling Destinations, Arrests 60,000 People
China continues to clamp down on illegal gambling operations and has introduced new measures including a “black list” for gambling destinations and new criminal offenses related to the activity. China’s Ministry of Public Security Continues to Crack Down on Gambling On Thursday, China’s Ministry of Public Security revealed that Chinese authorities had identified nearly $150 […]
Legal
September 27, 2020
China Seeks to Stem $146bn Annual Outflow to Foreign Gambling Operators
China continues to clamp down in a bid to stem the outflow of $146 billion annually to foreign gambling operators. Ministry of Public Security Rolls Sleeves Up to Clamp Down on Gambling A new report by the Ministry of Public Security claims that Chinese gamblers remit $146 billion a year to cross-border operators. Liao Jinrong, […]
Blockchain
September 20, 2020
China Busts a USDT Gambling Ring Facilitating Payments Abroad
Chinese authorities have cracked down on an illegal gambling facilitator, arresting 76 suspects and cutting access to over 120 online gambling websites based outside of the country. China Hunts Down an Illegal USDT Gambling Operation China continues with its crackdown on unauthorized gambling operations. In the latest bust, the Public Security Bureau in Huizhou City […]
Business
September 8, 2020
AC Milan and Yabo Sports Strike 3-Year Digital Partnership
AC Milan will capitalize on a new gambling partnership with Yabo Sports and tap into its large fan base in places like China and all across Asia. Yabo Sports to Spearhead AC Milan’s Digital Expansion in Asia AC Milan has teamed up with Yabo Sports as part of the team’s efforts to continue pivoting towards […]
Business
September 7, 2020
AGTech Expands in China, Wins Five Sports Lottery Tenders
AGTech’s subsidiary, AGTech GOT Technology won five tenders in China, allowing the company to supply sports lottery terminals for four provinces and one municipality. AGTech GOT Won Five Tenders in China The integrated technology and services company AGTech Holdings’ Beijing subsidiary AGTech GOT Technology has won five tenders. With that move, the company clearly continues […]
Business
September 1, 2020
PokerStars Reportedly Exiting China, Macau, and Taiwan
PokerStars may be exiting the China, Macau, and Taiwan market, suggests an email posted on the Two Plus Two poker forum yesterday. In an earnings call last week, the parent company Flutter Entertainment did note that it switched off a small number of jurisdictions. Is PokerStars Withdrawing from China, Macau, and Taiwan? PokerStars may be […]
Legal
August 21, 2020
Animated Series Aim to Inform Chinese on Dangers of Gambling
In a string of animated anti-gambling videos, Chinese authorities have sought to educate citizens about the dangers of participating in illegal gambling operations, from identity theft to being kidnapped abroad. Anti-Gambling Campaign by Chinese Authorities Features Cartoon Videos Chinese authorities continue with the crackdown on illegal gambling with the most recent bust of a cargo […]
Business
August 19, 2020
Wynn Cautions US-Chinese Tensions Could Affect Macau Gaming
With the US-Chinese relations deteriorating under President Donald Trump, Wynn Resorts has expressed concerns that bad politics could impact business. Wynn Resorts Anticipates Worsening of Business Climate in China With the United States drawing nearer to election date, US President Donald Trump has used his gung-ho rhetoric against China generously. He imposed sanctions on several […]
Business
August 7, 2020
US-China War Edging Towards a Ban of All Tencent Gaming
In the latest volley against China, U.S. President Donald Trump has issued an executive order banning transactions with Tencent and ByteDance the parent companies of WeChat and TikTok respectively. In doing so, there may be implications for popular games such as Valorant, Fortnite, League of Legends, and others that are heavily reliant on in-game transactions. […]
Legal
June 25, 2020
China Starts Online Tool for Citizens to Report Illegal Online Gambling
China has expanded its efforts to clamp down on cross-border gambling with the state now launching an online platform where citizens can report individuals suspected of running online gambling. Chinese Ministry of Public Security Calls on Citizens to Report Gambling Ramping up measures against unauthorized online gambling, the Chinese Ministry of Public Security has created […]