Tag: China

CCP launches 4-pronged assault on igaming ahead of centenary

CCP China iGaming assault
The Cyberspace Administration of China (CAC) has announced new protocols for tackling offshore online gambling companies such as “precision strikes” against firms recruiting Chinese to work abroad.

Goldman Sachs: China, Japan, Korea to drive Asian gaming this decade

Asian Gaming Goldman Sachs Japan IR Forum
Just three markets – China, Japan and South Korea – will comprise 80 percent of all Asian gaming revenues in the coming years, according to Goldman Sachs Managing Director, Simon Cheung.

China ramps up enforcement of online gambling

China crackdown illegal online gambling
China is continuing to bolster its armoury for tackling illegal online gambling - with a new portal through which citizens can report others’ suspicious activity, and giving heightened powers to the central bank for tracking and tracing payments

When China rules the world

China rules world
With the leader of the free world saying his “power is absolute” while in the same breath refusing to take “any responsibility” - the world has become bereft of global leadership through its most universal of crises.

China to create ‘reporting platform’ for locals to inform on igaming

China hit online gaming operators flag
China says it will “severely hit” any online gambling operators targeting its citizens, with a new focus on tracing financial transactions to their source and offering significant bounties to individuals who inform on them

China to trace financial footprints of online gambling firms

China Minister of Public Security, Zhao Kezhi
China has announced further measures to blacklist online gambling companies targeting its citizens, and new methods to trace their financial activities

China revokes passports of Philippine workers

China revokes passports Philippine workers
Beijing has begun cancelling the passports of Chinese nationals working in the Philippines’ offshore online gambling sector - in a bid to stifle firms targeting players in China..

Coronavirus fallout trickles down the gambling investment chain

Coronavirus gambling investment
The economic impact of the coronavirus epidemic is rippling through gambling stocks, wiping billions off gaming yield in Macau, and forcing Melco’s..

China to ‘break the chain’ of cross-border gambling

China gambling 2020
Chinese authorities have announced escalated efforts to “break the chain” of offshore online gambling companies servicing mainland Chinese in 2020..

Geopolitical tensions see economic loyalty package for Macau

Macau new economic programme
A new economic programme to mark the 20th anniversary of Chinese rule in Macau has lifted struggling casino stocks in the former Portuguese colony..

Esports fund promised for Hainan amid gambling hype

Esports Hainan
June began with what appeared to be the repeal of 14 pieces of legislation in Hainan - among them the long-rumoured end to its gambling ban.

China bans poker,mahjong online video games

China online Video Games ban Mahjong
In its latest crackdown on the online video games sector, China has announced a comprehensive ban of hugely popular poker and mahjong products.

Reported arrest of missing Landing chairman hits company shares

The chairman of Landing International development has reportedly been arrested by Cambodian authorities at Phnom Penh International Airport, according to Chinese media outlet Caixin. Yang Zhihui, who had been missing for three weeks…

Beijing court awards landmark victory over state-owned operator

The People’s High Court of Beijing has ordered the state-owned Beijing China Lottery Online Technology Company pay $197.3m in backdated fees to China LotSynergy Holdings. The ruling follows the continued use of 41,500 LotSynergy VLTs by CLO despite a…

Chinese World Cup market booms despite crackdown by Beijing

The FIFA World Cup is expected to have generated $10bn worth of bets through China’s sports lotteries this year, four times the total recorded during the 2014 tournament. The China Sports Lottery Management Centre has stated the first three weeks alone saw…

China First: a ‘huge potential risk’

China First
With both its land-based and online sectors dominated by foreign firms, local analysts warn of the dwindling number of reasons China has for allowing the status quo to continue...

Kenya threatens deportation to illegal gambling operators

The Kenyan government has threatened to immediately deport any gambling operators found to be involved with the importation of Chinese-built gaming machines. Interior cabinet secretary Fred Matiangi outlined the proposal during a ceremonial bonfire…

Do it from here, just don’t do it from here

Ha Tien Vegas
Competition is hotting up in Asia’s online gaming market – not just between firms, but between different countries looking to attract them. While the Philippines is still the only jurisdiction in the region to offers licenses to remote gaming firms...

FeedConstruct to video stream snooker

FeedConstruct video streams snooker
Sport data provider FeedConstruct adds snooker to the list of in-house streamed sport types. The offering provided by FeedConstruct has 120+ monthly events, and will be of high interest in Great Britain and the Chinese gaming market where snooker’s popularity…

A bridge too soon? | Asian regulators tune in to social gaming boom

G2E Asia Social Gaming
Gaming experts at G2E Asia discuss the phenomenal rise of social gaming in Asia, and the various approaches states are taking to understand, encourage or inhibit its appeal. The immense popularity of social gaming is starting to raise eyebrows in Asia. Whether driven by concern, curiosity or commercial opportunity, states are adopting a variety of stances. Crudely understood as non-money gaming,...

China’s social poker ban to hit tournament attendance

Poker app
After various social poker apps were found to enable Chinese players to gamble, a new ban is being introduced 1 June that could make the pastime inaccessible to millions of players. An expose by state-back media channel CCTV has led to crackdown

Hainan court ruling signals return of ‘cashless casinos’

In a second bid to draw tourists from the mainland, Hainan is again being armed with gaming propositions, from sports betting to online lotteries – and the likely return of ‘entertainment gaming.’   Wide scale gambling reforms aimed at stimulating Hainan’s economy could see “cashless casinos” reopen on the island as soon as this year. Media outlets focused on a document published...

A worthy opponent? Hainan Island could rival Macau in Chinese market

Chinese territory Hainan Island could see online gaming, lottery or sports betting legalised in a bid by President Xi Jinping to increase tourism.   The Island, known as China’s Hawaii, may be chosen to host the activities according to reports following a 2 February address in Beijing by Foreign Minister Wang Yi on “presenting Hainan province”. Macau, currently China’s only legal gambling...

Chinese government official heads up MGS summit

MGS Summit and Panel schedule annoucement
The Macau Gaming Equipment Manufacturers Association (MGEMA), the local association that has organised the show since its inception five years ago, has announced that Mr. Paulo Martins Chan, Director of Gaming Inspection and Coordination Bureau, will be kicking off this year’s summit as the keynote speaker on 14 November, the first day of the MGS Summit.   The speaker lineup for...

iSoftBet announces attendance at three shows

isoftbet MGS Entertainment Show 2016 visitors
Leading online and mobile casino content provider iSoftBet has a full conference schedule to round off the year, and will set up shop at three of the industry’s largest events over the next two months.   The supplier will be exhibiting at EiG Berlin (30 October-1 November), the Macau Gaming Show (14-16 November) (pictured), and SiGMA (22-25 November), with its senior...

Betsoft Gaming looks to Asian markets with HDFBET deal

hdfbet malaysia south east asia map egt
  Betsoft Gaming has formed a partnership with new Asian-facing operator HDFBET, in a bid to take on the Chinese, Singaporean and Malaysian markets.     Under the terms of the partnership, HDFBET will be taking on Betsoft’s full suite of iGaming entertainment, including the renowned Slots3™ collection of true 3D video slots as well as classic table games to serve to...

UltraPlay signs distribution deal with China’s SunLoto

china sunloto ultraplay
  Online betting solutions provider UltraPlay has agreed on a partnership deal to provide its eSports match predicting system - ODDS.gg - to SunLoto, a licensed operator of the Chinese Welfare and Sports Lottery.   SunLoto, one of the largest lottery service providers in China, will become a reseller of UltraPlay’s ODDS.gg for the Asian market. The company has successfully positioned itself...

China orders telcos to block VPN use

China orders telcos to block VPN use
The Chinese government is instructing telecoms companies to block individuals’ access to VPNs - a daily activity for many citizens looking to access a range of banned sites, including online gaming. The new legislation is hoped to be the final brick in China’s “Great Firewall”, a comprehensive cyber-strategy of shielding Chinese citizens from the internet-at-large. Residents are currently banned...

Hong Kong to host first E-Sports and music festival

ICR - e-sports Hong Kong
The all new “ICBC (Asia) e-Sports & Music Festival Hong Kong” featuring E-sports, music and food will come to the Hong Kong Coliseum from 4-6 August.   Hong Kong will host its first ever e-sports and music festival across three days this August. The event will feature 20 former professional “League of Legends” players, including world championship winners competing in the world’s...

Betsoft focuses on Asia with new partner HBET63

Betting Business Betsoft HTML5 platform Hbet63 spillehallen
The leading online gaming software provider, Betsoft Gaming, has strengthed its position in Asia by forming a partnership with new Asian-facing operator, Hbet63.   Betsoft Gaming, architects of the revolutionary Shift™ platform, has closed the deal with HBet63 whose primary focus is on the market covering China, Singapore and Malaysia. Under the terms of the partnership, HBet63 will be taking on Betsoft’s...