China Bans Play-Money Social Poker Apps, Squashes Chinese Poker Boom
Posted on: April 24, 2018, 10:30h.
Last updated on: April 24, 2018, 07:06h.
China is to ban social play-money poker apps and will also announce the game will no longer be viewed a competitive sport, a designation that allowed live poker tournaments to be tolerated in certain regions.
The move effectively eradicates a previously burgeoning social poker industry and is likely to cut short the recent growth of interest in poker in the country.
According to Chinese media reports, the government is expected to announce officially that all forms of online social poker games must be shut down by June 1, after which the advertising of poker games through social media channels will be illegal.
Boyaa Stock Dives on China Social Poker Ban
Inside Asia Gaming reported that Hong Kong-based Boyaa Interactive, operator of the Boyaa Poker Tour, saw its share price plummet by 12 percent in the wake of news of the ban. Boyaa, which has held events in Macau, Hainan and Vietnam, qualifies the lion’s share of players for its tournament via its Chinese online app.
Hong Kong Poker Players Association managing director Stephen Lai told the South China Morning Post that the ban will hurt the game from the grassroots up.
It was growing very fast, now it is going to be more difficult for operators in Asia to organise poker events because Chinese players make up over half of the field,” he said. “It is also a blow for the Asian poker community because Chinese social media can no longer cover poker.
“Now, with the alleged policy change, there will be no ‘play money’ poker in China, and you can’t talk about poker on social media,” he added. “Chinese players won’t have a chance to practise, and they won’t get to know about legal poker events around Asia. Poker has gone back to square one in China.”
WPT Owner Ourgame Defiant
While all gambling is illegal in mainland China except for two state-run lotteries, poker tournaments have been tolerated, to a degree, because of their “competitive mind sports” label. Cash games, however, have always been against the law.
In April 2015, the PokerStars APPT Nanjing Millions was closed down by Chinese police four days into its main event, apparently because cash games were being played on the side.
Hong Kong-based Ourgame, which bought the World Poker Tour from bwin.party in 2005 in anticipation of a Chinese poker boom, said in a statement on its website that it would review and modify its poker offerings in line with the new regulations, but its tone was also defiant.
“[Social poker] not only plays an important role in the creation of social, cultural and economic values, it also acts as a bridge between China and the world’s intellectual sports,” it said. “Ourgame will continue to introduce and hold more top-level intellectual sports events and promote the global spread of chess and card culture.”