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Could Hainan be set to be the new Vegas? [Copy link] 中文

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Post time 2018-4-16 11:10:30 |Display all floors
(Global Times) China will encourage horse racing and expand sports lotteries as part of efforts to turn its southernmost province of Hainan into a pilot area for expanded opening-up policies.

Despite speculation that the new policy might pave the way for casinos, Chinese analysts said that it was unlikely China would legalize gambling on the island.

The government will develop the sports lottery and instant lottery for major international sporting events in the province, according to a guideline published on the national government website on Saturday.

Some overseas media reported that China might give the nod to the development of gambling in Hainan.

A report from Bloomberg in February noted that China was considering "legal gambling" in Hainan, adding that over the long term the government might even "open the door to physical casinos" on top of its other tourism attractions.

Developing sports lotteries does not mean China will later relax its ban on gambling, said Li Hai, director of the Sport Lottery Research Center.

"I think with the government's clear ban on the gambling industry, the chances are very small that China will allow casinos in Hainan in the near future," Li said.

"But sports lotteries have been operating in China since around 2001 and the government is also pushing the industry in recent years with the hope of developing more sports lotteries for domestic matches," he told the Global Times on Sunday.

Li also predicted that further horse-racing lotteries in Hainan are also possible, as China already tried opening the sector in South China's Guangdong Province in the mid-1990s.

"Developing horse-racing can be a stimulus for tourism, just like the situation in Hong Kong, but such a long industrial chain needs a transparent and just management environment, which the government should work at," Li said.

Apart from supporting certain lotteries in Hainan Province, China will introduce other methods, including relaxed yachting tourism management, raising the quota for tax-free shopping as well as allowing overseas capital to set up entertainment agencies in Hainan, according to the guideline.

Free trade zone

The government will build Hainan into a pilot free trade zone with a focus on key areas like healthcare, education, sports, culture and finance, the guideline says.

The Chinese government on April 8 announced it would loosen its grip on medical equipment import management in a pilot zone at the port of Boao, Hainan.

The guideline also noted that China will explore establishing a free trade port with Chinese characteristics in Hainan.

The port won't focus on transfer trade or manufacturing, but will focus on tourism, modern services and the high-tech industry.

Ye Hang, a professor at the College of Economics of Zhejiang University, said that in Hainan, where tourism is the key industry, the government does not need to worry too much about the impact of opening-up on traditional heavy industries, unlike other free-trade zones like Shanghai and Shenzhen.

The provincial government can thus be more daring with the new opening-up policies, he noted.

Noting the trade dispute between the US and China, Ye said the Chinese government needs to showcase its determination to open up and Hainan could serve as the "bridgehead."

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Post time 2018-4-16 11:41:53 |Display all floors
It's not good.

I pity the horses first of all.

And then, this is yet another loosening of the strictures that have kept morality in place to a modest but shrinking extent. With betting will come gambling and with gambling come all kinds of crimes.

Once again, China's leadership shows lack of imagination and once again it is merely imitating foreign models.

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Post time 2018-4-17 21:30:09 |Display all floors
Race horses are bred to run. .
i dont think its a cruel sport
if you want something in life get off your backside, and do it yourself!! don't rely on others to do it for you

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Post time 2018-4-17 21:32:51 |Display all floors
parcher Post time: 2018-4-17 21:30
Race horses are bred to run. .
i dont think its a cruel sport



Of course it is a cruel sport. Have you never seen horses stumbling over barriers and breaking their legs? And then the tropical climate in Hainan... The worst, however, is that the horses are only seen as investments. Once a horse begins to show weakness it will be ditched and you can imagine what fate awaits it.

No, this is a barbarous sport and the project is barbarous too.

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Post time 2018-4-17 21:35:55 |Display all floors
This has been suggested for a long time . i can understand the governments worries, as most chinese are not responsible or mature enough to gamble within their means, but why should they spoil it for the ones who are?
a solution would be for the government to impose maximum stakes when gambling. Horse racing is a great day out, and hopefully hainan will join hongkong in staging big races  
if you want something in life get off your backside, and do it yourself!! don't rely on others to do it for you

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Post time 2018-4-17 21:52:09 |Display all floors
thoroughbreds need to gallop and compete. if we shut down horseracing people dont realize what impact this would have on everybody in the industry. where would the horses go? what would they do if they cant gallop? a lot of sports can seem cruel, but focusing on safety is a better option than banning it  altogether.
if you want something in life get off your backside, and do it yourself!! don't rely on others to do it for you

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Post time 2018-4-17 21:53:22 |Display all floors
seems i can no longer reply to posts now.
if you want something in life get off your backside, and do it yourself!! don't rely on others to do it for you

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