Legal question

Is spread betting legal in China? How many countries in the world legalize spead betting?
I frankly don't know, but to my knowledge it is not legal in China or India, the same goes for the land of the free, USA. I feel countries that do not allow SB, do this on grounds of protectionism, this in order to save their own gambling industry and to have complete control over tax revenues. I do believe SB is allowed in Canada, and most countries in Europe (at least the EU).
 
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