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Chinese Police Crack $1.1 Billion Gambling Ring The government feeds and houses athletes from a young age (some as young as 5) onward. Because this program costs a lot of money, the Chinese government holds a lottery to help pay for it. In addition, the government funds a Chinese welfare lottery that it uses to fund social programs for the sick and elderly in China. The only places where gaming is legal are in Hong Kong and Macau. Hong Kong offers limited gaming opportunities, especially in horseracing. Macau has had legalized gaming since the 1850s, when it was a colony of Portugal. Casino gaming in Macau accounts for nearly $35 billion annually, which makes Macau the most important market in the world for gambling. In 2010, researchers estimated that $146 billion is spent on illegal gaming every year in China. It is estimated that over half of the money illegally spent in China was on online gaming websites.

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Esports Wagering a Growing Hit with Gamers Many companies are trying to capitalize on the esports betting trend. PlayNow, a British Columbia website, has rapidly grown in popularity because it allows betting on esports tournaments. The company has seen as 600% increase in total wagers, although the esports trend is still lagging behind more traditional sports such as soccer and hockey. Initially, the esports gamers were able to hold honest tournaments, because the number of players and tournaments was small. But with the growing popularity of esports and gambling on esports, issues such as cheating and match fixing have increased, which are a problem not only for esports but for all sports in general.

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