Yesterday 10/29 Today 10/30 (so far) Blocked: Spam: ,, %: ,, %: Blocked: Virus: , %: 5,, %: Quarantined: 2,, %. Need clarity on what is illegal gambling - Opinion - talk-tv.info Is online gambling illegal in china


Is online gambling illegal in china

This article was first published in the 1st quarter edition of Personal Finance magazine. What could be more homegrown and wholesome than the Springbok Casino, branded in green and gold and featuring the well-loved Springbok logo? At the very least, gamblers could have their winnings confiscated en route to their bank accounts and deposited in the Unlawful Winnings Trust, administered by the National Gambling Board NGB. Of course, this supposes your winnings materialise at all; as with any illegal transaction, you risk losing your money and have no recourse if you do.

The legislation sets out what forms of gambling are permitted: Lotteries are governed separately by the Lotteries Act of Inthe government was clearly receptive to the idea of legalising and regulating online or interactive, or remote gambling, which was a fast-growing reality, and the NGA went so far as to mandate the NGB to appoint a committee to look into it. Bizarrely, the Act has never been promulgated: At first, this unprecedented pause was put is online gambling illegal in china to the responsible department, the Department of Trade and Industry DTIworking on the supporting regulations, but later it became clear that the government was worried about the possible socio-economic impact of making gambling much more accessible.

So the Is online gambling illegal in china was sidelined, creating a hiatus that online casino operators both inside and outside our borders could exploit, claiming that new legislation was just a matter is online gambling illegal in china time.

To buy time presumablythe government set up the Gambling Review Commission to look into its concerns. The prospect of online gambling being regulated, rather than banned, was still very much alive then, according to the annual report of the NGB, which read: The commission reported inconcluding that online gambling should indeed be legalised and regulated and could even revive a flagging industry.

Trade and Industry Minister Rob Davies launched the report at a press conference where he said his department would not be pressured into introducing forms of gambling that were deemed illegal in South Africa.

He added that the Reserve Bank was monitoring illegal transactions and predicted darkly that online slot machines hack would not receive their winnings. So the report languished, and into the vacuum came a landmark judgment in the Supreme Court of Appeal: Basically, the court upheld a decision of the North Gauteng High Court that interactive gambling was a prohibited activity in terms of the NGA, even if the server delivering the service was situated outside South Africa.

Casino Enterprises, which is licensed in Swaziland, had advertised its online casino in Gauteng, prompting the prosecution. It argued that gambling on the site could is online gambling illegal in china be unlawful under either the NGA or the Gauteng Gambling and Betting Act, because the activity did not take place in South Africa; it took place where the server was located. Clearly, this is a fundamental issue for the industry.

As the judgment put it: The Supreme Court of Appeal agreed and held both parties to the illegal act equally liable. The government has since relied on that clarification of the existing law, but failed to enforce it. The result is a cat-and-mouse game, in which the authorities keep their claws sheathed, while the gambling websites is online gambling illegal in china in plain sight, trying not to be noticed, or hoping to become such a familiar part of online commerce is online gambling illegal in china they are accepted by default.

Cleverly, the casinos present here united front, so that gamblers are reassured by the obvious presence of an entire industry surrounding and supporting individual sites.

Learn more here such as playcasino. They offer one-click access to offerings for all technologies and tastes, backed up by reviews, payment information and guides for first-time users.

A random sample of the most popular sites put to the test on the website monitoring service Check-Host check-host. The websites even is online gambling illegal in china the legality issue head-on by publishing statements that purport to provide clarity for the confused would-be gambler.

Since that time, the gambling industry has also undergone many changes, and the establishment of online casinos has added a new dimension. These online casinos are highly reputable and offer safe and legal online gambling to customers in South Is online gambling illegal in china rands, and we suggest you give them a try. Presumably, such statements are being amended, because the government has given the industry notice that will usher in a new, tougher stance on online gambling.

The policy goes on to say: Provisions must be included to prohibit illegal winnings, with amendments to prohibit internet service providers who must not knowingly host an illegal gambling sitebanks and other payment facilitators from facilitating illegal gambling by transferring, paying or facilitating payment of illegal winnings to persons in South Africa. There will be a clampdown on the advertising and promotion of online gambling, but the focus of the fightback by government will continue to be unlawful winnings.

Davies told the media that the Financial Intelligence Centre will work with financial institutions to verify and intercept online winnings. Those who fail to do so may be u win online slots criminally liable, and winnings will be deposited in the Unlawful Winnings Trust.

The land-based casinos 38 of them are, by any measure, the heart of the South African gambling industry. According to NGB figures, they accounted for They also support 64 jobs, according to Casa. These are gambling machines that restrict the amounts you can bet and win, operated at licensed venues such as pubs and gaming arcades.

They experience good revenue growth from year to year Most active licences to operate electronic bingo terminals EBTs are in Gauteng. They are a bone of contention for the casino industry, represented by Casa, which argues that EBTs are no different from casino slot machines, and yet may be operated without the infrastructure or social obligations of a casino. Bingo revenue dropped by more source 16 percent incompared withand accounted for 3.

According to the gambling report produced by Is online gambling illegal in china, betting on horse racing still outstrips all other sports betting in is online gambling illegal in china, R1. This is your only legal option if you want to use an online platform to place bets.

The legitimacy of this type of gambling rests on the fact that the internet is merely the medium of communication; the outcome of betting is decided elsewhere, in the real rather than the virtual world.

The combined sports and horse racing betting industry grew in revenue terms by almost Lottery ticket sales in is online gambling illegal in china financial year amounted to R4 million, down from R4 million in Buying overseas lottery tickets is is online gambling illegal in china, but you can take online bets on the results of certain overseas lotteries, such as the EuroMillions, through the relatively new website Lottostar www.

It has been operating for two years and has paid out R million in winnings, according to spokesperson Maria Pavli. If South Africa has been ambivalent about online gambling, so have many other countries, judging by the variety of solutions around the world. South Africa is not alone in outlawing it — Russia, China, the Netherlands and Switzerland, among many others, do — but other countries restrict it in all sorts of ways.

Australia allows and taxes operators of casino websites, but prohibits their use by its own citizens, while the United States has a federal ban on all gambling including sports bettingbut allows go here individual states to permit it within their borders as four of the 51 states do. The United Kingdom has a permissive approach, but was forced to introduce licensing for websites both inside and outside its borders, so that it could claim its share of tax on their profits.

Europe is a mixed bag: More importantly, if not properly regulated, the borderless nature of this activity may result in providers offering their interactive gambling services without ever physically placing their equipment or operations in their targeted countries. These safe havens are driven more by the financial reward of serving as hosts to interactive gambling providers than by is online gambling illegal in china a flourishing market for this type of gambling.

This creates challenges for countries whose citizens are lured onto the websites of interactive is online gambling illegal in china providers situated or licensed in such safe havens. Realising the burden of carrying the costs of problem gambling while safe havens is online gambling illegal in china licensing and is online gambling illegal in china fees, countries with discernible markets for interactive gambling have had to pronounce their legal position regarding this recreational economic activity.

Such legal positions vary from prohibition to restriction or liberalising interactive gambling. In South Africa, at least five percent of spending on gambling is being diverted to illegal websites, according to a guesstimate by Casino bonus. Alternatively, you must legalise it and have proper regulation.

There are some jurisdictions that are doing that and they seem to be doing it well. He says Casa is neutral on the question of legalisation — if online gambling were licensed, Casa members would probably become online operators. There are always pros and cons of is online gambling illegal in china online, and some of the controls that we have in a land-based environment are not there in a virtual environment.

They are unlicensed, use software smuggled in from other countries and operate strictly in cash for as long as they can get away with it. Despite the economic benefits of a legal and taxed gambling industry and the pressure the government has been under to bring illegal but popular forms of gambling into the regulatory is online gambling illegal in china, the government has been unable to shake off its concerns about the social implications of online gambling.

The report found that levels of problem gambling in South Africa remained relatively constant over the preceding decade, despite massive growth in the gambling industry over the same period, but http://talk-tv.info/puerto-rico-casino-hotels.php consistently higher than levels in Europe, similar to those in the US and slightly lower than levels in Asian countries.

He says the European Court of Justice found that lack of direct contact between online gambling operators and consumers exposes consumers to risks of fraud by is online gambling illegal in china operators that are different to the risks posed by location-based gambling establishments. In a separate case, the court highlighted the relative accessibility of online gambling, the isolation of the gambler and the absence of social control as some of the factors contributing to the development of gambling addiction, the squandering of money, and many other negative consequences.

But overall, Monnye argues — like the Gambling Review Commission — that online gambling is no different from any other form of gambling, click at this page in its mode of delivery.

Until that happens, however, the biggest winner may be the Unlawful Winnings Trust. Gambling companies are excellent at using your emotions to rip you off. This applies whether you win the Lotto, pick the winner in the Durban July or hit the jackpot at a casino slot machine.

Even if gambling is a regular recreational activity, or you make is online gambling illegal in china hobby of is online gambling illegal in china to beat the odds, you are not regarded as a professional gambler, unless there is clear evidence that you are in the business of gambling for profit, or, in the case of a bookmaker, for example, you make your living from betting and you bet yourself.

If you are a professional gambler, you are taxed on your income, but you are also able to claim your losses. So an award for winning a competition among employees for best performance, for example, would be taxed, whereas a prize of money in the office raffle, which is for fun and is online gambling illegal in china nothing to do with your job, would be regarded as capital in nature and would not be taxed.

Gains and losses arising from gambling, games and competitions also do not fall into the capital gains tax net, Spamer says. Can the banks distinguish between payments for legal betting and gambling and payments for illegal online gambling? The international card schemes Visa and Mastercard prescribe merchant category codes MCCs to payments.

However, it is possible to determine whether a transaction was processed as a card-present transaction or online card not present, or CNP. The issue facing the banks is that, even if we determine that a CNP transaction has taken place, the reason for the specific payment remains invisible. Does Absa monitor the activities of clients who might be offering or paying for illegal forms of gambling? Our card-issuing business http://talk-tv.info/free-slots-unblocked.php continually makes clients aware that cards may not be used for illegal or unlicensed gambling activities and card agreements already include clauses in this regard.

Existing controls include monitoring cardholder activities or transactions. What action is taken if Absa suspects there has been illegal activity on a card?

If click here transaction is identified as linked to any illegal or unlicensed gambling activities, the bank will send a letter to the client to remind him or her of the prohibition and will request an explanation. Daily transaction monitoring and reporting to the South African Reserve Bank SARB includes reports on all in-country and cross-border gambling transactions as far as we are able to identify them.

If the SARB identifies a transgression, the bank will request a report from the cardholder and certain action might be taken in accordance with regulations. Does the bank close the accounts of clients who are involved in illegal transactions? The relationship between a bank and a client is contractual.

Both parties have a right to exit the relationship when necessary. See more bank may exit freecasinoslotgames online relationship for a number of reasons. The most is online gambling illegal in china is if it decides that continued association constitutes a financial risk it cannot cover, or if it cannot assure regulators that the manner in which a client conducts his or her banking activities is not in breach of regulations or legislation including illegal online gambling.

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Is online gambling illegal in china

China is to crackdown on efforts to lure its citizens to is online gambling illegal in china senza soldi vincere online deposito overseas casinos, state media reported. The campaign will also target online gambling available on the is online gambling illegal in china, the state-run Xinhua news agency reported, citing Public Security Minister Guo Shengkun.

Gambling is illegal in mainland China apart from having a flutter on government-run lotteries, but casinos around the world, including in Macau, Singapore and Las Vegas, view Chinese as an important source of clients. A number of casinos have sent marketing and sales staff into China to attract customers and in a high-profile case last year at least 18 staff at Crown Resorts were detained, including three Australians. Skip to 21 blackjack yonkis content.

Watch out Macau and Is online gambling illegal in china Wednesday, 29 March, Thursday, 30 March,5: China at a Glance.

You are signed up. We think you'd also like. Thank you You are on the list. This article appeared in the South China Morning Post print edition as: Beijing to step up pressure on illegal gambling activity.

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CHINESE ONLINE GAMBLING CLOSED

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