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Mainland China

China’s welfare lottery sales increased 5.1 percent year-on-year in 2017, reaching RMB 217 billion (US$33 billion).

The number of trips made abroad by mainland Chinese residents is estimated to be more than 60 million in 2017, according to the Foreign Ministry.

China appears to have renewed its ban on travel groups to South Korea, dealing a further blow to the country’s tourism industry.

In just under two decades, virtual sports have gone from being a niche vertical dismissed by many as cartoon betting, to one of the fastest growing areas in gaming, with operators in Asia increasingly taking notice.

In just under two decades, virtual sports have gone from being a niche vertical dismissed by many as cartoon betting, to one of the fastest growing areas in gaming, with operators in Asia increasingly taking notice. Interest is undoubtedly strong amongst Asia's sports mad punters, however, slow turning wheels of regulation, or lack of rules, is holding back progress.



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Even by the standards of initial coin offerings (ICOs), Macau gaming company Dragon Corp. raised eyebrows in September with an announcement that it planned to raise $500 million to build a floating casino that operates in a newly-created cryptocurrency. 

 

Even by the standards of initial coin offerings (ICOs), Macau gaming company Dragon Corp. raised eyebrows in September with an announcement that it planned to raise $500 million to build a floating casino that operates in a newly-created cryptocurrency. Its aim is to undercut Macau's massive junket industry that finances high rollers in the gambling hub. However, the company's ambitious plans face major regulatory hurdles.

 



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Chinese police have arrested 71 suspects involved with cross-border online gambling operations across Guangdong and Hong Kong.

In a move seen as a sign of “thawing relations” between China and South Korea, Beijing has authorized the partial resumption of group tour sales to South Korea.

Two underground bank operations that were funneling money to Macau from Guangzhou have been busted by Chinese authorities.

The year 2024 may mark the first time esports is recognized as an Olympic Games medal event, says esports experts.

Chinese lottery supplier 500.com recorded a net loss of RMB 72.2 million ($10.9 million) in the third quarter of 2017, with the temporary suspension of online lottery sales continuing to weigh.

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