Licenses

Macau casino market records discouraging January gross gaming revenues

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation
The 41 casinos in Macau reportedly experienced a disappointing start to 2022 after seeing their aggregated gross gaming revenues for January plummet by a surprising 20.9% year-on-year to a little over $790.21 m...

Tak Chun Group boss arrested on criminal gang charges in Macau

Adam Morgan
Casino News, Latest Casino and Gambling News, Gaming Industry News, Money Laundering, Economy/Finance, Unlicensed Operation, Licenses, Macau, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation
The man behind Asian junket giant Tak Chun Group, Levo Chan Weng Lin (pictured), was reportedly arrested by Macau police on Friday over allegations that he also holds a senior position within a local triad crim...

Richmond looking to hold a second One Casino and Resort referendum

Adam Morgan
Virginia, Gaming Law & Legislation, Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Employment & Careers, Poker, Licenses, Taxation, Sports betting, Mergers, Acquisitions & Partnerships
In the southern American state of Virginia and the city of Richmond is reportedly set to take a second run at persuading local voters into allowing radio broadcaster Urban One to bring a $600 million casino res...

Betting and Gaming Council advising against strict affordability checks

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, Sports betting, Online Gambling News, United Kingdom
In the United Kingdom and the influential Betting and Gaming Council lobby group has released the results of a survey showing that only about 16% of those who regularly enjoy sportsbetting would be willing to s...

Macau looking to introduce draft gaming bill on Monday

Adam Morgan
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, Macau, Taxation, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation
The government of Macau has reportedly announced that it intends to use a full Monday session of the enclave’s Legislative Assembly in order to formally introduce its draft gaming bill. According to a report...