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Most Recent Online Casino News

China to Confiscate Illegal Gambling Products

China’s apex court will mercilessly punish gamblers and confiscate their illegal gains under a new nation-wide government campaign to root out the social evil.

"Heavy fines will be given to these offenders to deprive them of all their illegal gains from gambling," Gao Jinghong, a judge of the Supreme People’s Court (SPC), said here yesterday.

The maximum prison term for gambling in China is three years.

According to the national anti-gambling office, gambling groups and organisers of sports betting, horse races, online casinos and other games on the Chinese mainland will be severely punished, the state media reported.

Employees of the state-owned organisations, who gamble and those who use bribes, public money or embezzled funds for gambling are also major targets of the clampdown.

China banned gambling, along with prostitution and drugs, in the 1950s. In recent years, however, a growing number of wealthy Chinese, especially corrupt officials, are gambling away millions in online casinos outside the Chinese mainland.


Read the entire article at: New Kerala 

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