China creates citizen initiative to regulate gambling

Published Jun 26, 2020
[2 mins read]
In February 2020 China launched a campaign designed to crack down on unregulated gambling during the COVID-19 pandemic. The country has reportedly seized $32.4 billion worth of illegal gambling proceeds since that started.
CGN inserter image 8
CGN inserter image 9

Now, the Chinese Ministry of Public Security has launched a new platform where residents can simply post a tip to authorities, sharing suspicions of illicit gambling activities. Anyone who may be involved or is facilitating the operation of such businesses will be prosecuted with the full severity of the law.

However, Chinese authorities have also threatened “stern measures” against anyone who sullies the reputation of an innocent citizen, making the tipping service a bit of a double-edged sword.

China will continue to clamp down on fraud, kidnapping, money laundering and other illicit activities that are considered a byproduct of cross-border gambling. Since the border with Macau shut down in February, there has been a lot of pent-up demand for gambling.

Many Chinese nationals have tried to seek alternatives online, but the government has been cracking down on such operations as they are illegal. Now, the latest move is designed to incentivise residents themselves to be vigilant, with rewards also offered.

In the meantime, there have been various other initiatives. We previously reported that the People’s Bank of China was planning to clamp down on cross-border gambling and the latest measure is just one of many to follow. At the same time, we have seen a new special administrative region created in Hainan, which could mean that China is also looking to bring online gambling closer to home, and perhaps even use crypto casinos to do this.

Yet, with the Chinese government being openly hostile towards online gambling, this is not likely to happen anytime soon. Many Chinese players are registered at various crypto casinos which could offer major revenue boosts to countries which black market gambling, particularly those with strong reputations such as BitStarz and Bitcasino.io.

CGN inserter image 2

CGN senior journalist 

Share this post using buttons below
CGN inserter image 1
Share This