Marketing Evaluate of Online Gambling in Indonesia

Business research of Market evaluate Market Value of online gambling in Indonesia Yim.tiger April 11, 2011 Introduction Developing our company business of online gambling enter to new market –Indonesia due to more and more competitors share market of China now, otherwise, the Chinese government crackdown illegal online gambling website from end of 2009 to now, so we must be to reduce the business risk and look for other potential new market to do the business and make sure company business stable development. The article will be introduce gambling, online gambling history, business environment and†¦show more content†¦Otherwise, we know the only forms of legal gambling in the People’s Republic of China (PRC) are the two government lotteries: the Welfare Lottery and the Sports Lottery. These are is very popular in China. From end of 2009 to now, the Chinese government strengthen promote Chinese lotteries, and crackdown illegal online gambling website and closed around 300 website. Lead Chinas lottery market has generated RMB69.4 billion in profits around in 2010 alone. Even so, the revenues generated by illegal gambling operations in mainland PRC are estimated to be 10-20 times larger than the combined revenues from both legal lotteries Trends of Online gambling in China These indicators tend to imply that gambling is socially acceptable in China, and that Chinas enforcement policy extends only to unsanctioned casino operators, not to the citizens actually playing. Recently there have been signs that change is imminent, and that we may soon see the birth of Chinese legislation that governs online casinos in China. Ultimately the reasons come down to money. The last decade has seen an unprecedented level of economic development in China, such that there are now far more wealthy Chinese than ever before - and these people are clearly gambling, whether they have to travel to Macau or beyond. Regulating the industry would allow the Chinese government to keep a larger portion of that growth capital inside China through licensing fees and throughShow MoreRelatedEntrepreneur Assignment7104 Words   |  29 Pagesbrand’s founder for the ‘ Secret Recipe’, who made the brand popular ten years ago. Sim and his nephews started their first outlet in SS2 Petaling Jaya, in 1997. Now, this cake cafà © had been launched in many countries, they are Singapore, Thailand, Indonesia, Philippines, China, Pakistan Brunei and Australia. To expand a business like this is not easy to achieve it, Sim says, to grow their company always need differentiation, innovation, adaptability, research and development, identity, brand promiseRead MoreEthics of Information Communication Technology (Ict)27618 Words   |  111 Pagesvandalism or other abuses, which may cause the lives of many online users to be miserable. 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