LIBERALISING CHINESE GAMBLING
13 March 2009
Chinese parliamentarians told that a new
policy could help the country through the recession
Liberalising gambling laws could help China survive the
global economic downturn, sports officials told the
annual meeting of China's parliament this week,
according to a report from the Reuters news agency.
"I suggest we deregulate the lottery," Hebei
delegate Yang Jingzhi told the Sports Circle at the
Chinese People's Political Consultative Conference. "Our
present lottery games are monotonous. We should fully
introduce the international practices, such as betting
on horses, "mark six" and various others. There are lots
of types of lottery in Britain and the U.S., can we see
any harm? As long as it is well legislated, there is not
much harm."
Jingzhi set the tone for several
other suggestions by political representatives as the
advisory body discussed ways in which sport could
contribute to the economic challenges China faces.
"The sports industry in the short term can help
maintain stable economic growth and employment," deputy
sports minister Wang Jun said. "The sports lottery can
help create jobs. There are some 300 000 lottery ticket
sellers in the country. We are facing a problem that
underground casinos and overseas gambling have
dangerously broken in, taking an estimated 10 times as
much as our official lottery.
"In Hong Kong,
where the legal lottery is well developed, the official
business is 10 times as big as the private ones."
Gambling was banned in mainland China after the
Communist takeover in 1949, the exceptions being two
state lotteries - one of them run by the sports ministry
to fund the building of facilities.
It thrives,
however, on the race courses of Hong Kong and in the
casinos of Macau - both special administrative regions -
while the frequent break up by police of underground
syndicates indicates a flourishing illegal sector.
But the beginnings of change are visible - the
central city of Wuhan hosted the first commercial horse
race in China since 1949 in November 2008. Gambling was
strictly limited with prizes, not cash, on offer for
winning bets.
Online Casino News Courtesy of
Infopowa
More news here.
Top of page |
Home |
News |
Forum |
Webcast |
Vortran |
Accredited Casinos |
Evil Ones |
Pitch a Bitch |
Online Gambling Resources |
Poker
|