China Big in Online Gambling Market
The Globe and Mail has made recent reports
regarding china being a hotspot for online casinos investors. China,
which is a country that has constituted gambling as illegal ever since
the revolution of the communists has one of the highest rates of illegal
gambling in the world. In what the government calls a loss on all sides,
the not legalization of online casinos in China is making the gambling
crime rate high as there is no regulation when it comes to gaming.
Underground gaming run by criminal type people is the way to game in
China and for the average working person who just wants the sport of
gaming, it is nearly impossible.
China has within it huge numbers of online casinos players and its ranks
are one of the highest in the Asia Pacific region of the world. Chinese
online casinos players are strong in the market and they make up a huge
population. Despite all this, there is no laws addressing the operation
of online casinos from within China and the Chinese playing population
is playing in online casinos that are not situated out of China but
rather out of places in the Caribbean.
This leaves China at a disadvantage as it is not increasing its revenue
from online casinos and because there are so many online casinos players
in China, it seems ironic. The online casinos industry is huge and
people say that it will only get bigger as technology keeps moving all
over the world and as the hype about gaming is really strong.
China’s internet users are extremely high but in relation with its
population, the numbers could be higher. As one expects technology to
make its way to more China households, one can only expect that the
online casinos population will also increase from that region. The
strongest profits of online casinos are from North America and certain
parts of Europe but China is beginning to really climb the charts.
Experts have made predictions that China will really be the next to
bring in the big cash from the online casinos players and to really be a
hit as an industry. The people of china are not expected to play as
their government is very anti gambling, but the numbers show that they
are definitely using online casinos games.
Online casinos located around the world are offering a lot of games in
Chinese sand even to be bale to download the actual casino in the
language of Chinese. This shows that there is a market for gaming in
China. At a conference held in Montreal last month, many investors were
interested in discussing China’s potential in terms of being home to
online casinos and in terms of being the dominant players on the net.
The conference also discussed adding games that are unique to the
Chinese population that would bring in even more Chinese players into
the casinos. A lot of gambling games are Asian firstly anyways and some
games are Chinese originally.