China Bars Foreing Gambling Owners

Published: Friday, March 04, 2005 Online-Casinos.com

CHINA BARS FOREIGN GAMBLING OWNERS

Government industry and commerce offices get the word out

According to the Xinghua agency, the General Administration of Industry and Commerce (GAIC) in China has ordered its local branches to forbid overseas gambling companies from opening offices in that country.
The GAIC has urged local departments in charge of the industry and commerce to work with police and cultural departments to monitor online betting activity. Online gambling will be punished in accordance with law, the GAIC said in a strong statement.

It also ordered officials with industry and commerce departments of all levels not to gamble. Private entrepreneurs' associations at different levels should also play a role in educating private business people, it said.

The move is the latest in a series of nationwide raids and measures designed to reduce or prevent all forms of gambling, and includes draconian measures such as forfeiture of rewards from illegal practices.