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Latest Macau casino news Wide Rich acquisition of DeClub has roots in blockchain technology A new partnership between casino management company DeClub, and Malta-based investment firm Wide Rich Global Company, could bring about the next generation of casinos — Macau GDP rises on the back of healthy gambling industry Macau saw its gross domestic product GDP increase marginally year-on-year in the second quarter of Like land based gambling, online gambling is subject to the same laws and restrictions.
No operators are legally allowed to run online gambling services within China, and it is illegal for international operators to offer their services to Chinese players.
Chinese citizens found gambling online can be punished for doing so, and although arrests are rare, it is possible.
Chinese authorities do not mess around when it comes to enforcing online gambling laws, with most foreign online casinos and online betting sites being blocked in China and Chinese financial institutions blocking payments made for online gambling services.
Chinese players can get around these blocks with the use of VPNs or by using anonymous payment methods like Bitcoin, but do face punishment if found gambling at an online casino site.
Many local operators illicitly continue to offer their services to Chinese players, although raids are common and these operators can cease services at the drop of a hat, making these sites very dangerous for players.
Offshore casino sites licensed by foreign jurisdictions also continue to accept Chinese players, with some even providing services in Chinese language.
Although it is illegal for them to do so, their offshore status makes it difficult for authorities to police, which is why Internet blocks have been put in place.
With Chinese citizens facing punishment if found gambling online, we do not recommend doing so. Any Chinese resident who decides to ignore the laws and play at online casino sites is doing so at their own risk.
As explained above, Chinese banks are legally required to block payments made to online casinos, so depositing using traditional methods like credit cards, debit cards or bank transfers is off limits.
Web wallet services may be an option, but many major providers like Neteller and Skrill do not allow Chinese accounts.
Players from China and other countries where online gambling is banned are starting to turn to cryptocurrency methods like Bitcoin to make payments online.
While Bitcoin provides a much safer option for Chinese online gamblers, it is still illegal and penalties do apply for anyone found placing real money bets online.
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