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The China Daly newspaper reports that lottery sales in China soared 26.1 percent year-on-year in May 2012 to reach 23.62 billion yuan ($3.75 billion), according to statistics released by the Ministry of Finance Wednesday. The growth was slightly down from the 26.4-percent rise recorded in April. Welfare lottery ticket sales reached 14.01 billion yuan in …
The China Daily newspaper reports that lottery sales in China increased 26.4 percent year-on-year in April to reach 23.58 billion yuan ($3.73 billion), according to Ministry of Finance numbers released today (Tuesday.) Welfare lottery ticket sales amounted to 13.35 billion yuan in April, up 26.1 percent from a year ago, while sales of sports lottery …
Shanghai City Police have detained eleven people for allegedly running an illegal internet gambling ring utilising overseas servers. The main suspect, surnamed Xu, is accused of setting up a gambling website and promoting gambling in Mahjong parlours in the Yangpu District in Shanghai, China said a report in the Shanghai Daily. A police raid resulted …
Asia Gaming Technologies (Beijing) Co., Ltd (AGT), a joint venture between bookmaker Ladbrokes and Hong-Kong based lottery services provider AGTech, have announced that its “Lucky Racing” virtual sports betting game has exceeded RMB100 million in total sales following the game’s official launch on August 30 2011. The platform and game were developed by AGT in …
Asia Gaming Technologies (Beijing) Co., Ltd (AGT), a joint venture between bookmaker Ladbrokes and Hong-Kong based lottery services provider AGTech, has launched its first product to the Chinese market in cooperation with the Hunan Sports Lottery. The “Lucky Racing Game”, a sports-themed electronic random number generated lottery game where customers can choose to wager on …
The Chinese Government announced in a statement from its State Council General Office that it will be formulating a department to manage Internet information.
UK land and online gambling group Ladbrokes could have a foot in the door of the immense Chinese lottery market through its partnership with sports lottery and leisure group AGTech Holdings Limited.
China Central Television exposed what it claimed was illegal online gambling activities on its “Topics in Focus” program last week, claiming that a player had revealed that Shanda Interactive subsidiary Bianfeng Group had facilitated online gambling for real money.
Swedish online gaming firm Betsson AB has entered into a business relationship with a local company in China.
Chinese lottery sales continued to soar last year, setting new records as revenues soared 27 percent to 96 billion yuan (US$14.47 billion), the Welfare Lottery Distribution and Management Center (WLDMC) said Thursday.
China’s determined enforcement of anti-online gambling laws should be strengthened by new guidelines developed for criminal law, based on police experiences in this year’s enforcement drive.
Senior officials in the Chinese government speaking at a conference this week revealed the extent of the known illegal internet gambling business in China, informing delegates that the police had instigated 1 400 internet gambling prosecutions over the period January to August 2010 in a nationwide enforcement drive.
The Shanghai Daily newspaper reports that police in the Chinese city of Changzhou have arrested 17 members of an online gambling ring led by one Zeng Weiquan, seizing records and 40 million yuan in cash along with 35 computers.
Four Chinese men picked up in raids by the Shanghai police in June this year for facilitating online betting on World Cup football games have appeared in court, accused of helping more than 20 gamblers to wager a total of 51 million yuan (around $7.5 million) through an unidentified illegal offshore online gambling website.
The massive nation-wide anti-online gambling blitz by Chinese police continued as the week ended, with spokesmen reporting the destruction of a major online gambling syndicate based in the Jiangsu Province.
Chinese enforcement officials have unveiled some interesting statistics related to the country’s determined assault on illegal online gambling websites, reports The China Daily.
According to a report in the Chinese publication Global Times, the threats by Beijing enforcement agencies to clampdown on World Cup football betting are being ignored by many online sports betting sites that continue to evade police raids.
The Chinese government is about to tighten the internet screws on activities that it deems to be undesirable – including online gambling – in a new initiative to tighten controls, reports Associated Press.