
Nick Wool
New User
43079532@recpoker.com
Sep 14, 2006, 1:10 AM
Post #3 of 6(91 views)
Shortcut
|
| Re: China: Poker's next frontier? [In reply to] | Can't Post
|
|
On Sep 13 2006 6:27 PM, Oliver Tse wrote: > > I have posted a thought-provoking article on why I believe China will be > Poker's > next frontier: > > http://olivertsepoker.com/China.aspx > > CardPlayer Magazine has already rejected the article, preferring to have its > editor work on a similar article instead. > > I'll let you compare my work to that of CardPlayer when its article comes out. > > Oliver Tse > olivert888@olivertsepoker.com Not as thought provoking as you might like to think, but its not a criticism, so please do not take it as such. First, to Dan's point, I have had no problem in playing on both Party and VC whilst in Shenzhen last year, using my friend's broadband connection via a wireless router on my laptop. Although online gambling is illegal in China, there do seem to be a reasonable number of players from the mainland. Which brings us to the main problem of online gaming in China. Although there is a very large potential market waiting to be tapped, the twin problems of exchange control and the criminal status of online gambling means that this potential is very hard, if not impossible, to realised. How would players in China be able to fund their bankroll, given that exchange control means that they probably could not use credit cards or bank transfers, at least not legally? Also, sites will be looking for protection against players trying to charge-back what they had lost, and you can hardly try to enforce the debt in a state where your activities are illegal. Unless China has a major shift in its fiscal policy and gambling legislation, the online potential is going to remained unrealised in the near future. _______________________________________________________________ Block Lists, Favorites, and more - http://www.recpoker.com
|