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Asia

China to Criminalise Overseas Gambling Operations Luring Chinese Gamblers to Overseas Casinos

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5 years ago

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China to Criminalise Overseas Gambling Operations Luring Chinese Gamblers to Overseas Casinos
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The Chinese Standing Committee of the National People’s Congress has revealed it is considering an amendment that would criminalise the act of luring Chinese gamblers to overseas casinos.

It is also considering an increase in penalties for establishing casino operations within mainland China, where gambling is illegal. The Committee will carry out a second reading of the proposed amendment to China’s criminal law this week.

The move would be in line with China’s recent clampdown on capital outflows since it identified the cross-border flow of funds for gambling as a national security risk and a potential channel for money laundering.

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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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