Get exclusive CAP network offers from top brands

View CAP Offers

China sentences sports betting affiliates

[bsa_pro_ad_space id=2]
  • This topic is empty.
Viewing 1 post (of 1 total)
  • Author
    Posts
  • #624085
    Anonymous
    Inactive

    Interesting news from China. Not good news for affiliates, but can’t say that i’m surprised

    Law enforcement agencies in China continued the crackdown on internet gamblers as well as promoters of online sportsbooks and casinos. Despite the government’s best efforts to stop online gambling, which is currently illegal in mainland China, the number of Chinese citizens gambling at online casinos has been rapidly growing each year.

    Gamblers in China are beginning to discover the convenience and dependability of online casinos and sportsbooks, over local bookies, who frequently disappear with the money or refuse to acknowledge that a bet was even placed.

    The Chinese legal system is becoming overwhelmed by a deluge of freshly arrested online gamblers, and sportsbook casino promoters. Judges of the Peoples Republic of China Criminal Courts began to sentence affiliates or promoters of online casinos to 10 year prison terms under the strict Chinese gambling laws, in an effort to discourage the spread of illegal online gambling.

    The Criminal Act of 2006, introduced a new charge of ‘operating an illegal casino’, which is punishable by a ten year prison term as well as a large fine. Promoters, who are also known as affiliates, of online sportsbooks in China generate large commissions by introducing new players to specific online casinos and sportsbooks.

    All losses generated by gamblers referred to the casino by the affiliate are usually equally split between the casino and the promoter. The affiliates are now arrested and charged with the ‘operating an illegal casino’ offense, since the affiliates receive – ‘a substantial portion of revenues generated by the casino from the gamblers referred by each affiliate, who therefore become part owners of the illegal establishment.’

    full article on China Sentences Affiliates of Online Casinos to 10 Year Prison Terms

Viewing 1 post (of 1 total)