World Cup betting in China is set to see a big boom this year thanks to some innovative ways being adopted by internet giants and insurance companies in the country to get around strict betting laws. Gambling is banned in China, except where it is run by the government or the proceeds donated to charity, but technology behemoths Alibaba and Tencent have this year linked up with state-owned provincial lotteries to enable punters to bet on the World Cup online. Both ...Saturday 5 July 2014
Chinese Web Firms Employing Innovative Ways to Overcome the Country's Strict Gambling Rules
World Cup betting in China is set to see a big boom this year thanks to some innovative ways being adopted by internet giants and insurance companies in the country to get around strict betting laws. Gambling is banned in China, except where it is run by the government or the proceeds donated to charity, but technology behemoths Alibaba and Tencent have this year linked up with state-owned provincial lotteries to enable punters to bet on the World Cup online. Both ...
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