Gambling News by Gambling Headquarters

The People's Republic of China have been considering legalizing online casino gambling, according to Tony Tong, CEO of Pacific Net, a company that sells Baccarat machines. Macau is already a casino capital, and that is where the government would more then likely license companies there. Currently, the government takes around 40 percent of the house winnings in Macau, which means that spreading gambling online would be a huge benefit to government revenues. GigaMedia sells software for poker and other games are hoping to expand in China as well. The company's FunTown website is one of the largest Mahjong sites in the world where members play for points and prizes. Over 50 percent of GigaMedia's subscribers spend over 100 hours a week on the site. GigaMedia is also backing up EverestPoker, which is a rapidly growing poker site in Europe, and they run an online casino gambling blog in Taiwan called Wretch. "The U.K. will likely become a center for online casino gaming," a GigaMedia representative said. Looks like online casino gambling firms will get a new HUGE HUGE marked in Asia soon.