Chinese police wary of betting
Soccer betting has been on the rise in China and in the neighboring countries.
The Chinese police are monitoring the situation closely as the gamblers make use of new technologies to escape the vigilance of the police.
Indeed the gamblers are using technologies such as Alibaba and Tencent to make bettings, and this is causing problems for the police. However, the authorities have sought the assistance of those service providers to tackle the problems. It is believed that Alibaba and Tencent will be implementing security features to detect illegal betting and provide recommendations to the police.
Gambling is at the moment illegal in China and gamblers have to innovate in order to participate in bettings. Many people believe that if China legalizes betting it would have been easier for them to control the betting market and ensure that vulnerable people are not caught into betting. Indeed, the betting companies are engaged in a tug of war with the police as they also want to increase their market share. They are recruiting agents in China who are charge to recruit new users for their services in exchange for a commission. This marketing strategy is causing illegal betting to explode in China and have also reached the neighboring countries.
Hong Kong is another area that is experiencing a surge in soccer betting. With football becoming readily available through international channels and internet streaming, football has become popular in these regions, and this is causing an explosion in the world of online betting.
Hong Kong police have stated that they are monitoring the situation closely and that they are currently developing strategies that will help them halt the progression of soccer betting in the country. They are also discussing with Alibaba on how they can collaborate to stop the progression of betting.