On the search for "Chinese" we found the following results:
Figures released this week by the Chinese Finance Ministry show that lottery sales continue to rise, up 8.3 percent year-on-year in October to RMB 33.8 billion (US$ 4.9 billion). The Sports Lottery outperformed the Welfare Lottery in percentage terms, rising 10.9 percent to RMB 16.5 billion, whilst Welfare sales were up 6 percent at RMB …
The Chinese police action against Crown Resorts local staff is wider than at first thought, judging by local media reports Tuesday. In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organisers, detaining 10 of the latter. The local …
Chinese lottery operator DJI Holdings has announced a change in its corporate identity to better reflect the company’s broader services. The Cheshire-headquartered group will henceforth be known as BNN Technology as the company transitions to being a technology platform provider for mobile payments, mobile content and data management to consumers throughout China, while preparing for …
The Beijing Cyberspace Administration has concluded its investigation into the appearance of online gambling advertisements on the Baidu search engine (see previous reports) and on Thursday issued a statement on the issue. The Administration accepted that there was no unlawful intention on the part of Baidu, but ordered the company to improve the assessment of …
Chinese media reports Monday indicate that the giant Chinese search and web services corporate Baidu is assisting police who are investigating the promotion of gambling websites that have used fake business licenses. Allegations have been made that many online gambling sites have photo-shopped other companies’ business licenses in order to register for Baidu promotional services, …
Software developer Spinomenal released six new HTML5-built slot games through various online operators this week, all of which can be demo-ed through the developer’s website. New titles comprise Pond of Koi, Wild Wild West, Chinese Lucky Charms, Mythology, Prize Fighters and Soccer Babes.
A report from the Incapsula cyber security organisation has highlighted the increasing scope and sophistication of criminal Distributed Denial of Services attacks against websites, recording that a recent assault on an unidentified Chinese gambling site involved multiple nine-vector, 470 Gbps, 110 million packet-per-second activity, some of the biggest and most complex ever recorded. The publication …
The Cheshire, UK-based but Chinese facing lottery firm DJI Holdings has revealed that its pre-tax losses widened significantly year-on-year in 2015, from GBP 4 million in the preceding year to GBP 10.7 million in 2015 as revenue plunged from GBP 47.5 million to just GBP 5.5 million. In a statement the company explained that its …
Philippines-based online gambling software and games developer XIN Gaming has launched a new slot titled Fish Hunter King with a colourful theme based on a popular Chinese arcade game. The new slot is a 5-reel, 3-row, 50-line slot which offers opportunities to win cash prizes through a range of engaging features. Mathias Larsson, chief executive …
The Chinese news agency ECNS reports that a special commission under the China General Chamber of Commerce has warned that online “one yuan deals” are a disguised form of online lottery action which is illegal. In a statement Wednesday the commission said that the incentive offer was originally devised by Chinese e-commerce businesses to attract …
The Chinese e-commerce giant Alibaba continued to show interest in online gambling this week with a $1.5 million investment along with the Handnice Capital in Chinese digital sports data company LeidaSports. The new deal follows last September’s formation of Ali Sports in collaboration with media corporation Sina and private equity firm Yunfeng Capital (see previous …
According to a weekend report in the Economic Observer quoting informed sources, the Chinese government is considering the introduction of new regulations and an initially trial period ending the year-long suspension of Chinese online lottery sales. The report claims that officials plan to launch new pilot programs this year to restart online lottery sales, and …
Police in the Guangdong province of China report that a year-long investigation has led to the breakup of a fraudulent online gambling ring that illegally used well-known land casino brands to atract customers to its websites. The investigation, triggered by an informant in March 2015, resulted in the arrest of 218 suspects, including 11 core …
Actions by Cambodian, Interpol and Chinese enforcement agencies in Sihanoukville, Cambodia late last year continue to impact the local mainly casino gambling economy, reports the Phnom Penh Post this week. The enforcement action resulted in the arrest of 168 Chinese individuals in a raid on a local residential compound, and was reportedly targeted on breaking …
Riot Games, developer of the League of Legends multiplayer game that has taken the eSports world by storm, is now a wholly owned subsidiary of billion-dollar Chinese Internet company Ten Cent. In February 2011 Ten Cent bought a majority shareholding in the company, which it has now augmented to take full ownership and control. Approached …
China’s Ministry of Public Security said today it had arrested ninety-eight suspects in a major international online gambling operation estimated to have taken Yuan 500 billion (GBP 51,53 billion) in wagers. According to the Ministry, the operation boasted around one-million users, mainly from the Chinese mainland. Police in Guangdong and Hunan provinces shut down over 500 …
DJI Holdings plc, a UK licensed promoter and distributor of Chinese sports and welfare lottery products, announced Wednesday that it is to obtain a secondary listing of its shares on the Nasdaq Exchange in the United States. The company said in a statement that such a listing will deliver enhanced market liquidity and assist the …
The shares of Chinese online lottery sales companies received a boost this week on news that the Chinese central government has allowed provincial authorities to approve lottery sales and pay-outs without waiting for central government approval. The Bloomberg business news service reports that shares in Hong Kong-based 500.com advanced 6.2 percent to $20.20 on Thursday, …
DJI Holdings, a London-based firm that has penetrated the Chinese lottery market (see previous reports), has announced a new achievement, reporting that it has been given official approval to conduct a mobile sports lottery app field trial in the Shandong provincial city of Qingdao. DJI’s joint venture Qingdao Taifa Network Science Technology Service will conduct …
Macau’s struggling gambling industry could receive a boost from the Chinese government before the end of the year, although details of what this could include have not yet been made public. The new was enough to lift Macau gambling company share prices significantly, Bloomberg business news reported Friday. Li Gang, director of the China’s local …
UK-listed Chinese lottery sports and welfare lottery promoter DJI Holdings plc has announced a cooperation agreement with Heilongjiang Sports Bureau in the Heilongjiang province of China to establish a joint venture and a placing of new ordinary shares to raise GBP 5.6 million. Earlier this month the company signed up Arsenal FC to become the …
The passion of Asian fans for high-profile English Premier League football has led to an unusual business partnership which this week saw Arsenal FC ink a three-year agreement with DJI Holdings, a UK-based Chinese lottery supplier. The deal designates Arsenal as an official lottery partner of DJI in China, enabling DJI to offer its Asian …
Police in eastern China have busted a gambling ring that exploited the Chinese tradition of hongbao (red envelope) to organise gambling on social networking site Wechat. Following complaints by losing players, the police in Taizhou mounted a sting operation which resulted in the break-up of the gambling enterprise, according to Li Kangcheng, vice director of …
Alleged illegal Chinese gambling ring head man Wang Bo has lost his running battle with the Philippines Bureau of Immigration to stay in Manila and was deported back to China Thursday to face charges in that country. Our readers may recall that Ho’s well-funded attempts to stay in the Philippines resulted in the investigation of …