China smashes record syndicate

Eric Bianchi
July 5, 2010
2 Comments

Chinese SoldierFollowing an intensive 32-month investigation by Chinese authorities, yet another illegal gambling syndicate has been busted, this time in the Guangxi region. This syndicate, in particular, has set records for being the largest ever bust, and it’s estimated that individual stakes in the group amounted to the equivalent of tens of billions of Euros. The fact that they’ve smashed this ring is all well and good, but if the Chinese loosened regulations on gambling and the Internet then these operations wouldn’t have to take place. Heaven forbid, it might even make them a bit of extra cash, and make for a happier population. Read more.

If you have any further information related to this story that you would like to share with us privately please click here.

Can't get enough CalvinAyre.com? Follow us on Twitter and Facebook, then you'll never miss out on the latest gaming industry news.

Share
Tags: Article, Chinese government, chinese online clampdown
Views and opinions expressed are those of the Author and do not necessarily reflect those of CalvinAyre.com
  • http://topsy.com/calvinayre.com/2010/07/05/legal/chinese-smashes-record-syndicate/?utm_source=pingback&utm_campaign=L2 Tweets that mention China smashes record syndicate — Topsy.com

    [...] This post was mentioned on Twitter by Calvin Ayre. Calvin Ayre said: China smashes record syndicate http://bit.ly/bH1eAw [...]

  • http://calvinayre.com/2010/07/08/legal/china-bans-%e2%80%98vulgar%e2%80%99-promotions-of-online-games/ China bans ‘vulgar’ promotions of online games

    [...] Well, we don’t think Chinese authorities understand the term ‘vulgar’. Perhaps because cracking down on online gambling isn’t fully utilizing the hundred million or so cops in China, the Ministry of Culture is now [...]