Chinese complications for Betex
It’s been almost two weeks since the Betex group announced that three of its employees were arrested by Chinese authorities, and this week the company issued a further statement that if anything adds more confusion on what is legal and what is illegal in the Asian country.
Related Gambling News:
- Betex execs arrested in China
- Troubled Betex delisted
- Top brass at Betex resigns
- Bodog looks east
- Chinese censors at work again
- New software rule impact Chinese cyber cafes
- Sports-bar owner hailed as top bowler
- Kentucky Derby could be impacted by UIGEA complications
- Take A Gamble On Macau
- Chinese threat list
- No pornography, gambling for Chinese vacationers to Taiwan
- With raids everywhere, Chinese media take the pledge
Gambling history facts:
- Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.
- 1946: Two famous landmarks open: Bugsy Siegel's Flamingo, and the Golden Nugget. Nevada levies its first gaming tax.
1949: Benny Binion sets up a high-stakes poker game at his Horseshoe casino between Nick "The Greek" Dandalos and Johnny Moss. It turns into an epic five-month poker match, laying the foundations for the World Series of Poker. - Video Poker machines were introduced in the 1970s, when an oil embargo had a negative impact on Vegas revenues. The machines were popular enough to spark a recovery in casino business.
- Casino is defined by the Webster's New World Dictionary as the following: a small country house, or a building or room used for meetings, or public amusements, gaming, or a game at cards.
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