china – Gambling Legislation

China Cracks Down on $1.5 Bitcoin Gambling

July 15, 2018July 15, 2018 Donnie KendrickLeave a Comment

The Chinese police have successfully cracked down on an illegal gambling den that has been operating on the territory of the country. The culprits used Bitcoin to carry out their transactions. In the sting operation launched by Chinese security authorities, over 540 individuals, including the six organizers have been arrested. The complete number of seized […]

Is It a Good Move for China to Build Hainan’s Gambling Industry?

February 4, 2018February 4, 2018 Donnie KendrickLeave a Comment

China has been looking to make gambling legal in its mainland. Macau, over the years, has been considered as Asia’s Las Vegas. In fact, it has generated five times more than what Las Vegas gambling industry has earned annually. According to people who are familiar with the talks, China has been looking to draft a […]