China: Online Casinos v National Lottery
November 27th, 2006 by casino free play
According to the ogpaper many Chinese gamers have chosen the online casinos over the Chinese lottery - one of the most popular commodities in China’s entertainment culture.
China is having some issues with the fact that online casinos are generating so much money and they are not paying taxes. However, the country is starting to feel pressure from the national government to do something about this billion dollar industry that is not only not paying taxes but is also causing a tax paying industry like the lottery to fail. This has been the case in many countries throughout the world that are trying to curb online gambling in favour of national lotteries. Examples? Well, too obvious if you know what I mean.
The popularity of online casinos is not a surprising or recent phenomenon as Asia has been known as the biggest users of Online Casino. Gambling Companies are awaiting China’s decision as it will ultimately have an effect on this industry that is said to be one of the biggest today.
asia, national lotteries 