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Hong Kong provides huge market for illegal betting websites • This Week in Gambling
South China Morning Post – Hong Kong’s multibillion-dollar illegal gambling habit has been built on sports betting but increasingly sophisticated online bookmakers – operating from servers around the region – are now offering punters a dizzying array of betting options. Bookmaking experts point to sites like Citibet, which offer odds on foreign exchange movement, commodity prices and on how stock markets will move. “The world’s troubled financial system has often been put down to so-called ‘casino banking’ and the stock markets likened to casinos. Well here it is for real: illegal bookmakers offering bets on those very markets,” said an...
This Week in Gambling