Political Confrontation And Agreements: Joe Biden and Xi Jinping

The arrival of Joseph Biden to the White House at the beginning of 2021 started a new turn in US-China relations. That looked like a good sign for both sides, as Trump’s aggressive and sometimes unpredictable behavior couldn’t be a cornerstone for building a partnership in any sector. The changes in the relations between world-leading economies cannot be fast, but the process started. The most notable was the virtual summit on November, 15, when they discussed the key issues: Taiwan, Iran, North Korea, nuclear weapons, human rights, ecology, and trade relations.

Joe Biden Presidency Proclamation: Primary Agreements Between Countries

During the last 365 days, the US and China signed only one agreement — the one that concerns the tackling of climate issues. The sides needed more than half of the year to turn from discussion to the joint document. The first announcement was made on April 16, during the COP26 in Glasgow, which was quite surprising. The joint declaration was signed on November 10. It outlined the agreement for the two biggest emitters of carbon dioxide, the US and China, to decrease their carbon footprint and rely more on alternative energy sources.

However, both sides made a few other official steps, negatively impacting each other. In April, US governors presented and later agreed on the Strategic Competition Act of 2021. It outlines strategic moves that are supposed to counter Chinese economic growth and influence worldwide. The issue of human rights violations in Xinjiang was used as a handle for banning all imports from this city on July, 14. The US also banned several Chinese technology firms and enacted restrictions to invest in them. 

January 2021 Till Nowadays: USA Position

Two of the main interests of the USA lie in economic and nuclear weapons’ directions. Although China has a much smaller nuclear potential and arsenal than the USA and even Russia, governors are warned of the growing trend in China. Their military power — in particular, the navy — is growing. The nuclear question was also related to Iran and North Korea, which have nuclear weapons and are pretty unpredictable. Here, Biden wants Xinping to be the additional controller of the situation to prevent potential troubles.

On the economic side, the tensions are even more robust and unpredictable. The US declared a “triple C” strategy — compete, collaborate, and confront. Both sides understand that it will be a competition and confrontation in most cases, and Biden wants it to be winnable for the US but doesn’t want it to transform into “conflict”. 

Interestingly, the sides found more common points for cooperation in sectors beyond economics. The first instance has already been discussed — it is climate problems. Both countries presented a plan to cut emissions.

The issues with human rights (forced labor cases in Xinjiang) and Taiwan are somewhat tricky. The US wants China to make visible steps in resolving the Xinjiang case. Taiwan is one of the hottest discussion points: the US has confirmed it will support previous agreements and “one China” policy concerning the island but will look attentively to “preserve peace” in the region.

January 2021 Till Nowadays: China Position

While the US position looks pretty selfish, China acts similarly. Xi Jinping knows his strengths, knows where and how to use them.

For instance, the climate agreement doesn’t have any notable winning position for either side, so it’s better to support it. The same story is with journalists’ visas Xi Jinping agreed to lift restrictions from, although China still successfully opposes access of the foreign experts in the COVID appearance and spread investigation. Logically, Jinping dismisses the charges concerning the human rights violations in Xinjiang as the US and other states have limited access to information in the city.

The question of nuclear weapons touches Chinese interests as well. The People’s Republic of China has enough projectiles not to be scared by the US or Russia. At the same time, the non-spread idea will mean they’ll be well-protected from North Korea and Iran, which are unpredictable for China as well.

The economic sector is tricky as the US still has the most powerful economy in the world (at least, according to predictions, until 2030). Excluding some Chinese firms from the US market is a negative step, but Jinping can fight back with sanctions for many US brands with manufacturing powers in China. We’ll probably see more competition and confrontation than a collaboration here, while the latter is obligatory in some sectors.

The issue of Taiwan is probably the toughest. The PRC government added Xi Jinping to the list of historically most prominent Chinese leaders. The canonization of this step can be adding Taiwan to the mainland border of China. So, there is almost no doubt that Xinping is looking on the island with hungry eyes but waits for the right time to realize the expansion plan.

Latest Agreements Between The US and China

Unfortunately, the only agreements between the US and China during the last year were two documents. The first was the joint declaration concerning the climate crisis, which was signed just before the online summit — on November 10. Another step forward was canceling visa limits for journalists, which was also signed before the start of the conversation. It means that diplomats and Joe Biden with Xi Jinping themselves have to work hard to continue cooperation and prevent conflict.

Gambling Legislation in the USA States in 2021

The pandemic and the consequent switch to remote services had a serious impact on the American and global gambling industries. It increased the revenue of online gambling, which was estimated to be around $2,178 million in 2020. According to forecasts, it will increase by 17.34% during the next six years. During the pandemic, casino websites expanded their game selection — many of them, including Gratorama, introduced a variety of new games and slots. Some states in the USA, though, still prohibit it. In this article, you’ll find out about the gambling regulations for online websites that exist in the USA right now. 

States With Online Gambling Regulations

In America, gambling is federally legal: authorities of each state decide to allow, restrict, or even outlaw gambling in every form within its borders. As a result, there are significant differences in laws concerning gambling among states. Currently, it is legal to wager on sports in twenty states, but only six among them have laws for platforms for online gambling.

New Jersey

The first attempts to legalize gambling in New Jersey were in the early 70s. In a constitutional referendum in 1974, new laws did not gain approval. However, in 1976 the majority decided to greenlight a legalization bill. Two years later the first gambling establishment in Atlantic City opened.

Today, it’s legal in New Jersey to play all types of casino games, both on the Internet and in various gambling houses. Estimated gambling revenue in this state is around $5.8 billion annually — that’s about $1.2 billion of the state’s tax revenue. New Jersey has lots of casino websites, and 10 of them work exclusively for the state residents. To play there, people have to be older than 21. 

Pennsylvania

Pennsylvania has a long history of regulated gambling. People started gambling there in 1964  — they quite liked races and they wanted to get money out of it, so the betting on horses began. Since then, local authorities have introduced regulations for lottery and casino games. In recent years, there were a few attempts to extend the legislation to cover online casinos as well. It was not successful until 2019 —  then, Pennsylvania allowed all types of online gambling.

Now there are around 15 licensed casino establishments in the state. Overall, gambling revenue in Pennsylvania is the second-highest in the US ($6.8 billion). The estimated tax revenue is around $2.8 billion.

Michigan

One of the most liberal states for gambling is Michigan. The first approval of gambling legislation took place in 1997. The main aim was opening casinos in Detroit to attract players from the neighboring Canadian city, Windsor. During the following years, the gambling law was extended, which made Michigan one of the most popular destinations for casino players. According to local law, the legal gambling age is eighteen (but that excludes offline facilities with alcohol).

In 2021, Michigan allowed online gambling within its borders. By the end of 2021, about twenty legal online casinos started working in the state. The annual online gambling revenue of a new branch was expected to be around $1 billion last year ($250 million tax revenue).

Delaware

Another state with a long and rich history of gambling regulation is Delaware. The first official bet in the state was made on the racetrack in 1760. Horse races in the city of Newark operated for around 150 years. The first gambling license also was issued for horse betting. Afterward, state authorities legalized lottery and land-based casinos. Because of that, horse racing venues started to buy slot machines and tables for card games to offer services for new gamblers.

In 2021, it is legal to play all types of games in online casinos in Delaware. Estimated gambling revenue in the state is $635 million and tax revenue is about $253 million. People play from age 21. 

West Virginia

Regulation for gambling in West Virginia appeared in 1931 when betting on horse races was legalized. Lotteries of the state were legalized in 1974, and casinos — in 1994. In 2001, video poker machines became legal there, too, while authorities in other states fought any attempt at legitimizing their activities. Tax rates for operators in West Virginia were fixed at 48%.

In 2019, an Interactive Wagering Act from the state’s lawmakers legalized online slots, poker, and betting for every state resident beyond age 21. First online casinos joined the bustling American industry immediately after. Estimated gambling revenue (without online casinos) is about $1 billion in West Virginia. The accumulated amount of tax from gambling is $385 million.

Nevada

While the capital of the United States is Washington, the gambling capital of the country is Las Vegas. Nevada was the first to make all games of luck legal: the idea was to fuel the economy with money from gambling taxes and regulate unruly underground gambling. Hotels in Las Vegas were the first holders of casino licenses. Today, there are more than 320 land-based gambling houses in the state.

Given all that, it may sound strange that in Nevada there are no state regulations for iGaming, bingo games, sports and horse racing, and lottery (though the former two also do not have any legislations applicable for brick-and-mortar casinos). There is, though, the state’s Control Board and Commission that regulates the activity of websites where users play poker, bet on anything other than sports/horse races, etc. Also, Nevada hosts one of the most popular online poker rooms in the world — WSOP.com.

Today, the gambling industry of Nevada accumulates more than $11.7 billion annually — approximately 783 million in tax revenue. The legal gambling age is 21 for casinos.

States That Are Planning to Introduce Gambling Regulation

While many states already made online gambling legal and produced laws for online casinos, many states are still planning to do so. 

Connecticut. Their regulation was introduced in late 2021. Currently, only two online casinos have entered the market.

Massachusetts. After years of discussion, the MA House approved a bill to legalize sports betting. But the Senate of Massachusetts has not voted for it yet.

Ohio. Gamblers in Ohio await the legalization of online gambling in 2022. Most likely both sports betting and online casinos will become legal.

New York. New York chose to continue developing sports betting. There are almost ten legal sportsbooks. The legalization of online casinos is still being discussed.

Louisiana. In January 2021 sports betting in Louisiana also will be introduced. Though, online casinos still have to wait for it.

States Where Online Gambling is Restricted / Prohibited

Although gambling is legal in the USA on the federal level, two states forbid it on the local level. Utah adopted a strict ban on any gambling activity that requires real money. Hawaii allows only some card games in private homes, but no public entertainment.

Summary 

The US can be described as one of the most liberal countries in the world when it comes to gambling legalization — but, of course, not every state’s gamblers are happy. In some parts of the country, a player is valued and appreciated — in others, they aren’t welcome. Since 2019, four states have legalized online casinos and, in three other states, some sort of legislation will be enacted in the next several years.