Taiwan Province is one of the provinces of People’s Republic of China that is located on the continental shelf on the southeastern coast of the mainland China and is in contact with the Pacific Ocean to the east side and is in faced with the Fujian Province across the Taiwan Strait to the west side. Here in this post, you’ll learn about the development of gambling laws and regulation in Taiwan and the best betting sites in Taiwan. You will also know about the kinds of sports betting accepted, the control bodies, and the essential moments in sports history.
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Table of Contents
Summary of Key Events
Changes in Taiwan’s Gambling Legal Framework
History of gambling laws in Taiwan has been rather checkered, and is shaped by the changes in customs and politics of the country. Here’s a chronological overview.
- 1935: The Criminal Law of the Republic of China was passed which banned public gambling and the setting up of gambling parlors.
- 1951: The introduction of the state-controlled Unified Invoice Lottery that is still in existence even to this date.
- 2009: Changes to the Outlying Islands Development Law allowed for the construction of casinos on offshore islands but there has not yet been a construction of a casino.
These legal landmarks have established the present condition of gambling, which is really controlled yet somewhat limited.
Regulatory Agencies of Betting Sites in Taiwan
The gambling industry of Taiwan is closely regulated with the help of several bodies that have jurisdiction over the sector. These agencies make sure that all gambling operations are legal and try to fight against the establishments of the illegal gambling businesses.
- Taiwan Lottery Co. , Ltd. : It supervises state owned lotteries, for the purpose of preventing corruption and rigging of the system.
- Ministry of Justice: Lays down criminal laws that pertain to gambling, as well as sanctions for offenders of the laws on gambling.
- Local Police Departments: Go for operations and searches in order to combat and prevent illicit gambling activities.
What can and cannot be bet on?
As much as Taiwan has very strict laws regarding gambling, there are some forms of gambling that are permitted.
- Permitted Bets:
- Other state running products contain the Unified Invoice Lottery.
- Some of the gambling games are permitted at certain times or circumstances for instance poker and mahjong.
- Prohibited Bets:
- Gambling activities and casinos in the mainland style.
- Unlicensed online betting sites.
Gambling Licenses and Payment of Fees
For those who are willing to get involved in the gambling business legally, it is necessary to know about the license.
- Types of Licenses:
- Lottery permit to operate state sanctioned lotteries.
- Offshore casino licenses (nonfunctional at the moment but allowed).
- Fees and Taxes:
- The operators of the lottery are required to make a payment of a fee as well as a certain proportion of their gross receipts as taxes.
- Similar fees and taxes would be payable by the casino operators; however, the exact amounts are not yet clearly stated because casinos have not yet been operational.
Best Betting Sites in Taiwan
Nonetheless, there are many betting sites that are still based in Taiwan providing a number of sports betting services. Some of the popular betting sites are Dafabet, 22Bet and 188Bet especially with Taiwanese bettors because of its easy to use interface and the good variety of markets.
Dafabet
Dafabet
It is well famous for the huge number of sportsbook choices.
User-friendly interface.
Markets in football, basketball, baseball, tennis and horse racing.Up To £130 + £5 Free Bets
22Bet
22Bet
Provides market standard odds on international sporting events.
Good customer care through the live chat or email.Up to £122
188Bet
188Bet
Well-known brand in the international market of online gaming.
Special offers and special member’s only incentives.Up To £100
Here, the sites are safe and secure with the norms of betting followed internationally.
Achievements of Sports in the History of Taiwan
This paper aims at highlighting the sporting achievements of Taiwan that have motivated many people.
- Baseball: Being a considered as the national sport, Taiwan baseball players like Chien-Ming Wang are making an impact globally.
- Basketball: The male and female teams have done well in Asian Championships and have performed exceedingly well.
- Olympic Achievements: Athletes such as Yang Chuan-kwang, in track and field have won medals.
Celebrating Sports Stars’ Glory
Taiwan’s sports stars have made significant contributions to their respective fields:Taiwan’s sports stars have made significant contributions to their respective fields:
- Chin-Feng Chen: First ever Taiwanese athlete in the Major League Baseball.
- Hsieh Su-Wei: Female tennis player who at some point in her career got to the 10th position in the WTA list.
- Lin Dan: Famous badminton athlete with more than one Olympic champion title.
A Brief of Neighboring Countries’ Laws on Gambling
It is for this reason that this article will compare and contrast Taiwan’s gambling laws with those of three other countries within the Asia-Pacific region.
- China: Outlaws all types of gambling with the only exceptions for state-sponsored lotteries.
- Japan: Permitted kinds of gambling are horse racing and pachinko.
- South Korea: Allows casinos but only for the non-citizens; the citizens are limited and face a lot of consequences.
Conclusion
It is crucial to know the details of the legal framework of gambling in Taiwan and the top sites to bet on sports. Thus, Taiwan can be considered a rather interesting country for those interested in betting, as it combines traditional and rather modern values.
FAQ of Betting Sites in Taiwan
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