Tag Archives China

Xixiang Luo of China wins Asian Poker Tour Championships Event while APT signs new deal with Resorts World Manila

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The Asian Poker Tour (APT) has been quite busy as of late, finishing up tournament events and signing new contract deals. The APT Philippines II 2019 Championships Event has finished up with Xixiang Luo of China earning the first-place win. The win marked the first time Lou even earned a major APT title. At ...

United States and China trade dispute negatively impacting Asian economies

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Global credit ratings firm Fitch Ratings Incorporated has reportedly declared that the economies of several Asian nations with casino gambling are being weakened due to the ‘softening global demand and uncertainty’ created as a consequence of the ongoing trade dispute between the United States and China. According to a report from GGRAsia, the American ...

China lottery sales figures continued their decline in July

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July reportedly saw aggregated ticket sales in China for the nation’s pair of state-sponsored lottery games deteriorate by some 40.1% year-on-year to stand at slightly above ¥32.73 billion ($4.56 billion). According to a report from GGRAsia citing official data from the giant country’s Ministry of Finance, the July result represented the sixth consecutive month ...

China calls on the Philippines to ‘ban all online gambling’

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Ahead of a planned meeting between the leaders of the two nations later this month and China has reportedly urged the Philippines to ‘ban all online gambling’ including those licensed operations that are being marketed towards Chinese players. According to a report, the appeal was made by Chinese foreign ministry spokesperson Geng Shuang during ...

China to intensify crackdown on illegal online gambling activities

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Chinese law enforcement authorities are reportedly set to step up efforts at combating illegal cross-border online gambling as well as the underground banks and payment platforms that allow aficionados in the giant nation to illicitly fund their games. Definitive declaration: According to a report, the revelation came as part of an official statement released ...