China plans up to 10 years in prison for aiding and abetting overseas bets

China plans up to 10 years in prison for aiding and abetting overseas bets

outlookindia.com


The latest version of China's criminal law, which would create applicable crimes against anyone who "organizes or encourages" mainland residents to engage in "overseas" gambling, suggests punishing such crimes with imprisonment of not less than five years and not more than ten years. The punishment could be applied if the amount of money involved is deemed "serious" or if it has "serious consequences."

China News Service, a state-run media outlet, reported on Oct. 13 that the Standing Committee of the Chinese National People's Congress planned a de facto crime of luring Chinese people to gambling abroad.


The most recent draft was published on Wednesday. The relevant amendments under section 303 of the penal code - outlined in the National People's Congress's WeChat social media account - have been made available to the public to comment on them until Nov. 19.


One of the amendments concerns increasing fines for establishing casinos on mainland territory.


A recent draft suggests fines should range from imprisonment of no more than five years to "controlling with fines." Under the new proposal, the establishment of a pirate mainland casino would result in "a maximum sentence of no less than five years, along with a fine, of no more than 10 years."


Currently, fines for establishing casinos on the mainland range from up to three years in prison plus fines to "controlling with fines." If there are "serious consequences," they can be increased to up to 10 years in prison.


China's public security ministry said on Thursday authorities had identified the equivalent of nearly $150 billion expected to leave the country for "cross-border" gambling activities in the first nine months of the year.


Wilfred Wong Ying, president of Sands China, a Macau casino operator, reiterated on Wednesday that the Macau casino industry does not believe the law changes are aimed at Macau, in a third-quarter earnings call from its parent Las Vegas Sands Corporation. The city is the only place in China where casino gambling is legal.


Wong said, "We understand that the National Assembly is still discussing the final form of the bill. But we have to remember that the main target is gambling, especially in foreign countries, including the internet and phone betting."


Macau has "never been considered a foreigner in China," he added.


BY: 바카라사이트 순위



Report Page