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Chinese police arrest 63 for online football gambling

6 (Xinhua) -- Police in east China's Zhejiang Province arrested 63 people for organizing online football gambling involving around three billion yuan (438 million U.S. dollars). Police in the city of Ningbo received a tip-off about a gang setting up online casino in April. An initial investigation showed that the gang was led by a man surnamed Dai and run by different levels of agents who deduct different percentages from the gambling money brought to the website. In July, the police launched a raid and apprehended 38 suspects. So far, police have captured 63 suspects, with around 10 still at large.

For the original version including any supplementary images or video, visit http://www.xinhuanet.com/english/2018-09/06/c_137450130.htm

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Belarus gives go ahead to online gambling

In the same week that the country launched a new crackdown on independent media and journalists , President Aleksandr Lukashenko has nodded through a new law opening the country up to online gambling. The law, put forward in July by Sergei Nalivaiko, the minister for taxation, legalises and regulates online gambling, and will allow companies to use Belarus as a base for online casinos. This will be crucial given that access to international gambling sites which do not base their servers in Belarus will be blocked. Online casino licences will only be granted to operators that deposit funds to a designated account, which will be used to cover any winnings or tax payments should the venture fail. Tax authorities will also have remote access to the site and all casinos will have to be connected to a special payment system for the monitoring of money flow. Mr Nalivaiko said that he expects to raise over five million euros from online gambling taxes in the first year. His original draft law also included a proposal to set up a state-run online casino. It remains unclear if that will go ahead. The country’s move to legalise online gambling follows a raft of recent legislation which signalled a real shift in the country’s outlook. Laws covering cryptocurrencies  and the digital economy  have helped propel the country to the forefront of tech innovation in emerging Europe, while Belarus also last month extended the period visitors from most countries can stay visa free to 30 days, providing a huge boost for its fledgling tourist industry.

For the original version including any supplementary images or video, visit https://emerging-europe.com/news/belarus-gives-go-ahead-to-online-gambling/