China Blocks Poker King, Other Popular Hold'em Mobile Gaming AppsApp Brings In 50 Million Yuan ($7.1 Million) In Bets Each Day |
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Just a couple months after forcing tech giant Tencent to shut down it’s popular Texas hold’em app, the Chinese government continues its push to stomp out all online wagering from the mainland.
The latest to fall victim to Beijing’s tough stance on gambling is a number of mobile poker apps, which offer Chinese nationals real money games. The biggest operator affected is Poker King, which took in a reported 50 milllion Yuan ($7.1 million) in daily bets between its Android and IOS platforms.
The Chinese government says the move is part of a bigger crackdown on “inappropriate” online content for its 700 million users. In August, Apple reportedly removed thousands of apps in an effort to comply with new Chinese regulations.
Last week, former Chief of the Cyberspace Administration of China Lu Wei pleaded guilty to corruption charges. The former Vice Mayor of Beijing led the ideological charge as the government began censoring social gaming sites, but was expelled from the Communist Party earlier this year amid accusations of accepting bribery and abusing his power.
Macau is the only place in China where casino-style gambling is legal, however, the world’s largest gambling market has seen sluggish growth recently, with September marking the worst month for the casinos in the last two years.
But despite an ongoing trade war and slower growth, Macau remains on pace to soon become the world’s richest jurisdiction, with a per capita GDP of about $143,000 by 2020.
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