You are here

China firms help punters bet on World Cup

Alibaba, Tencent link up with govt lotteries; insurer offers policy offering Taobao credit
Saturday, July 5, 2014 - 06:00

Beijing CHINA'S Internet giants and insurance companies are finding ever more innovative ways to get around the country's strict betting laws and reap a payout as fans wager billions on the World Cup. Gambling is banned in China, except where it is run by the government or the proceeds donated

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom