{"id":6266,"date":"2018-05-14T14:00:38","date_gmt":"2018-05-14T14:00:38","guid":{"rendered":"https:\/\/www.pokerscout.com\/?p=6266"},"modified":"2022-09-20T15:48:48","modified_gmt":"2022-09-20T15:48:48","slug":"chinese-online-poker-crackdown","status":"publish","type":"post","link":"https:\/\/www.pokerscout.com\/chinese-online-poker-crackdown\/","title":{"rendered":"China’s Online Poker Black Friday Having Live Casino Effects"},"content":{"rendered":"
China will ban all forms of online social media poker games<\/strong> as of June 1 according to numerous reports.<\/p>\n The ban could have a catastrophic effect<\/strong> on the burgeoning poker industry in the region, which relies on social media poker to build awareness<\/strong> for the game.<\/p>\n At this point in time, there are no real-money poker sites<\/a><\/strong> allowed in China so play money poker is essentially the only game in town.<\/p>\n To make matters worse the government is also cracking down on any mention of poker on social media<\/strong>. IAdditionally, the game will no longer be recognized as a competitive sport.<\/p>\n The ban could stifle Chinese poker in its infancy and pundits are already likening it to a Chinese Black Friday<\/strong>.<\/p>\n The potentially devastating effects of a play money ban in China could have ramifications for numerous neighboring Asian countries<\/strong>.<\/p>\n Local tournaments in nearby countries regularly receive a sizable influx of players who qualified for events through play money promotions in China<\/strong>.<\/p>\n There\u2019s also a good chance the special administrative region of Macau will take a significant hit from the ban.<\/p>\n First off, it appears the special PokerStars-branded<\/a> <\/strong>poker room at the City of Dreams in Cotai <\/strong>will be closing.<\/p>\n According to reports, it was the City of Dreams parent company Melco Resorts & Entertainment<\/strong> that terminated the deal. The City of Dreams PokerStars LIVE poker room operated for five years.<\/p>\n Meanwhile, the big online players in China, including the massive Tencent Gaming, have already started to remove some of their poker apps <\/strong>from the Android, Apple App store,\u00a0<\/strong>and WeChat store<\/strong>.<\/p>\n Hong Kong-based Boyaa Interactive<\/strong>, which runs the Boyaa Poker Tour, has already seen its share price drop 12 percent, according to a report from Inside Asia Gaming<\/strong><\/a>.<\/p>\n The ban on free-to-play poker may seem unnecessarily harsh but there are a few factors that likely contributed to the Chinese government’s decision to move for an outright ban.<\/p>\n In the past play money poker has been used as a way to play real-money games in China<\/strong> and especially Hong Kong using apps called agents<\/strong>.<\/p>\n It\u2019s a concept that\u2019s largely unfamiliar to most western poker markets but the agents basically allowed players to wager real money on free-to-play sites.<\/p>\n While the free-to-play sites were completely devoid of real money and consisted entirely of virtual currency the agents would allow players to put real currency behind virtual bets<\/strong>.<\/p>\n The practice was particularly popular in Hong Kong where several high-stakes online private games allegedly ran<\/strong>.<\/p>\n It\u2019s unclear at this point how much agents played into the government\u2019s decision to ban free-to-play poker.<\/p>\nHuge hit for all of Asia<\/h1>\n
More than virtual currency at stake<\/h1>\n
Last gasp for poker in China?<\/h1>\n