China plans online gambling crackdown

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China ups crackdown on foreign casino marketing: report. Crown Resorts – a firm that has been regarded by investment analysts as traditionally strong in attracting to its Australian properties high roller gamblers from the Asia Pacific region – announced in February that turnover from its VIP gambling operations in Australia had plunged 45.3 percent year-on-year in the six months ending December 31.

Video games China’s gaming crackdown should worry the industry elsewhere. Gaming firms’ skill at extracting money from players risks a regulatory backlash China to crackdown on online gambling - smh.com.au China plans to crack down on the online gambling industry, including the banks and websites that support it, the Ministry of Public Security said in a statement posted on its website. Watch out Macau and Vegas: Beijing’s global gambling crackdown revealed ... China is to crackdown on efforts to lure its citizens to gamble in overseas casinos, state media reported. The campaign will also target online gambling available on the mainland, the state-run ... China to crack down on online gambling - news.com.au

Casino billionaire James Packer scrapped plans for a gambling empire spanning the world’s largest gaming markets after a clampdown by authorities in China and unpredictable returns in Macau. Retreating to Australia, Packer’s Crown Resorts Ltd. on Thursday abandoned a proposed spinoff of ...

Macau’s economic model to be hit by Beijing’s reported plan of Indeed, outside Macau and Hong Kong (only for gambling), gambling and casinos are illegal in China. Since 2006, Macau has become the gambling’s mecca, well ahead of Las Vegas. Macau Casinos Look To Diversify As VIP Gambling Continues To

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