• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Wednesday 25 May 2022
  • 中文中文
  • 日本語日本語
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • Vietnam
  • Events
  • Consulting
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • Vietnam
  • Events
  • Consulting
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

WeChat shuts down 50,000 accounts for World Cup betting

Newsdesk by Newsdesk
Wed 11 Jul 2018 at 06:31
WeChat shuts down 50,000 accounts for World Cup betting
Print Friendly, PDF & Email

Chinese messaging and online payment app WeChat has deleted 50,000 accounts and another 8,000 group chats discussing gambling since the current football World Cup kicked off in Russia last month.

WeChat developer Tencent issued a statement on Monday detailing its anti-gambling measures and urging users not to engage in any World Cup betting activities via its hugely popular app, which is estimated to have almost one billion users worldwide.

“During the World Cup, World Cup gambling websites have been shut down by the government, causing some betting activities to migrate to social platforms,” WeChat said. “We appeal to the majority of users to watch the World Cup rationally, to appreciate the competitive nature of football and respect the spirit of the game, and keep away from gambling.”

While most forms of gambling remain illegal in China, World Cup betting is allowed via the China Sports Lottery Management Centre. Only last week the China Sports Lottery Management Centre released figures showing that Chinese gamblers had wagered a massive 28.6 billion yuan (US$4.3 billion) in the three weeks to 1 July 2018 – almost six times more than the roughly 5 billion yuan wagered in the previous three weeks.

The three-week period to 1 July included more than two weeks of World Cup action after the world’s biggest sporting event kicked off on 15 June.

The figure, which doesn’t include the huge numbers gambled illegally, was already more than twice the 11.5 billion yuan wagered through official channels during the 2014 World Cup in Brazil.

RelatedPosts

Macau ready to amend financial laws to allow for introduction of China’s Digital RMB

Utilization of Digital RMB in Macau casinos could see China relax capital controls: Bernstein

Fri 20 May 2022 at 05:50
Steve Wynn said to be in US Department of Justice crosshairs over lobbying for China

US Department of Justice sues Steve Wynn over allegations he acted as an agent of China

Wed 18 May 2022 at 07:35
Mainland China police arrest suspect in murder of two women at MGM Cotai

Mainland China police arrest suspect in murder of two women at MGM Cotai

Wed 18 May 2022 at 03:47
China to strictly clamp down on outbound and cross-border gambling, banning citizens from outbound gambling to the greatest extent possible

China to strictly clamp down on outbound and cross-border gambling, banning citizens from outbound gambling to the greatest extent possible

Fri 13 May 2022 at 14:47
Load More
Tags: anti-gambling measuresChinaChina sports lotteryTencentWeChatWorld Cup
Share1Share
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Oz Casinos: What now?

Editorial: Does the foreigner-only casino model work?

by Ben Blaschke
Thu 28 Apr 2022 at 15:28

The COVID-19 pandemic, along with the international border closures it forced, is one of a number of recent headwinds to...

Oz Casinos: What now?

Oz Casinos: What now?

by Ben Blaschke
Thu 28 Apr 2022 at 15:14

With three inquiries into Crown Resorts completed, a review into Star Entertainment Group underway and a litany of damning findings...

Off Track: AUSTRAC’s AML Failures

Off Track: AUSTRAC’s AML Failures

by Ben Blaschke
Thu 28 Apr 2022 at 13:16

Australia’s anti-money laundering watchdog has launched civil proceedings against Crown Resorts in what appears to be a reaction to its...

Locals Game

Locals Game

by Ben Blaschke
Thu 28 Apr 2022 at 13:05

IAG recently spoke with Shaun McCamley, former President at integrated resort The Grand Ho Tram Strip on Vietnam’s south-east coast,...

Related Posts

Dynam revenue falls 3% but low playing cost halls showing promise

Pachinko operator Dynam sees profit double to US$39 million in FY22

by Newsdesk
Wed 25 May 2022 at 18:38

Japan’s second largest pachinko hall operator, Dynam Co Ltd, saw its profit more than double in the 12 months to 31 March 2022, boosted by increased demand for both its pachinko and aircraft leasing business segments. Dynam operates 433 pachinko...

Manila gaming venues still closed under two-week trial of new quarantine scheme

Losses grow for Leisure & Resorts World Corp in 1Q22

by Newsdesk
Wed 25 May 2022 at 18:02

Philippines gaming conglomerate Leisure & Resorts World Corp (LRWC) has seen its net loss grow by 77.05% to Php223.4 million (US$4.3 million) in the three months to 31 March 2022, blaming the launch of new products and reopening of gaming...

Off Track: AUSTRAC’s AML Failures

Victorian casino regulator reveals new restrictions on EGM play at Crown Melbourne

by Ben Blaschke
Wed 25 May 2022 at 15:48

The Victorian Gambling and Casino Control Commission (VGCCC) has announced new rules for electronic gaming machines (EGMs) at Crown Melbourne, aimed at reducing gambling harm. The key changes will see players banned from playing more than one machine at a...

Macau’s 2022 Forbes Travel Guide Five-Star Award Winners

Macau’s 2022 Forbes Travel Guide Five-Star Award Winners

by Alidad Tash
Wed 25 May 2022 at 06:49

 2NT8 and Inside Asian Gaming take a look at Macau’s 2022 Forbes Travel Guide Five-Star Award Winners.


Simple Play

IAG

© 2005-2022
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • Contributors
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Consulting
  • Magazines
  • Advertise
  • Contact
  • About

© 2005-2022
Inside Asian Gaming.
All rights reserved.