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China approves horse racing and sports lottery in Hainan

Niji Narayan

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Photo credits: http://cdn4.i-scmp.com
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The government of People’s Republic of China has given sanction for the development of horse racing and sports lottery in Hainan, the southernmost island of the country. The move is expected to give an impetus to the tourism activity in the province.

According to reports by the official Xinhua News, the Chinese Cabinet approved a reform agenda that includes a plan to establish a free trade zone in Hainan, which will attract foreign investors and multinationals.

The reform agenda also recommends to “explore the development of sports lottery and instant lottery on large-scale international games;” What exactly is the plan, however, is unclear.

There have been rising speculation that online betting and other gambling activities will be allowed in Hainan, which will eventually make the island a hub for land-based casinos.

 

One member of the group, Associate Professor Pei Guangyi at the School of Economics and Management at Hainan Normal University, published a paper in March arguing that China should legalise gaming to reduce capital outflows through foreign casinos and introduce a body of regulations.

“Since you can’t stop Chinese people from gambling, it is a better solution to make sure that foreign or private capital do not overly profit from it,” he said.

At the moment, Macau remains the only jurisdiction under China where land-based casinos are permitted.

On the mainland, residents can only partake in two forms of gambling – the China Sports Lottery and the China Welfare Lottery.

The recent reform agenda did not make mention of any plans related to casinos.

Source: agbrief.com

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Asia

Almost Two-Thirds of Japanese Oppose Plans for Integrated Resorts

Niji Narayan

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Almost Two-Thirds of Japanese Oppose Plans for Integrated Resorts
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Japanese citizens continue to oppose the plans for integrated resorts. According to a recent poll, 57.9% of the respondents disagree with the plan and 26.6% agree with it. Among the supporters, 62.8% said they would back the establishment of a casino resort in their area and 29.0% said they would not.

Japan’s public opinion may play a key role in whether some prefectures decide to press ahead with plans to host an IR. Yokohama recently announced it was planning to enter the race and swiftly became the firm favourite amongst major IR operators. However, public opinion against IRs is particularly strong there and may ultimately sway political opinion.

The continued opposition comes despite a concerted effort by operators to win hearts and minds in Japan, sponsoring local festivals and sports events and promoting non-gaming and other elements of IRs.

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Asia

Japan to Launch Casino Commission in January 2020

Niji Narayan

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Japan to Launch Casino Commission in January 2020
Photo Source: forbes.com
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The Government of Japan is planning to launch the country’s casino management commission on January 7, 2020. The casino management commission will have five members. Their appointments require a confirmation from the country’s parliament and they will serve five-year terms.

The casino management commission is to be in charge of security matters, probity and background checks. The body will oversee integrated resort (IR) operators in that country, as well as devise measures to counter gambling addiction.

Japan is to allow a maximum of three resorts in the first phase of market liberalisation. The national government has yet to announce the full version of its so-called basic policy on IRs. Several prefectural governments and ordinance-designated cities in Japan have already shown interest in hosting an IR.

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Asia

Aruze Gaming Installs Super Big Wheel at City of Dreams

Niji Narayan

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Aruze Gaming Installs Super Big Wheel at City of Dreams
Photo Source: twitter.com
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Aruze Gaming has installed its Super Big Wheel at City of Dreams. The installation forms part of a new ETG zone at City of Dreams and is one of two new Aruze products to be deployed on the main gaming floor, alongside Lucky Roulette.

Super Big Wheel is an X station platform with dual LCD screens. Players can select any of the six coloured areas on the area bet screen to bet on the side game, which also offers a chance at winning a jackpot.

Lucky Roulette is an immersive new roulette game that features an automated roulette wheel with evocative dynamic projection imaging. The three-dimensional visual experience combines the appeal of a traditional roulette.

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