Macau casino revenue extends fall despite more holiday arrivals Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau November 3, 2015 0Macau casino revenue fell for the 17th month in a row in October. Nevertheless, this decline has been less bad...
Junket association happy with tighter regulations imposed by Macau government Renee Kingsley Gaming Law & LegislationCasino CheatingGaming Industry NewsMoney LaunderingAsian Casino NewsMacauConspiracyCrimeFinancial Fraud November 2, 2015 0Macau’s junket association has been struggling to bring VIP gamblers into the casinos as the anti-corruption crackdown has severely affected...
Macau’s chief gaming regulator expected to step down this November Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau October 29, 2015 2Manuel Joaquim das Neves, the chief gaming regulator in Macau has played a key role in Macau’s anti-corruption crackdown as he...
Wynn Macau faces probe by Macau authorities due to smoking violations Renee Kingsley Gaming Law & LegislationGaming Industry NewsAsian Casino NewsMacauFines, Lawsuits & Litigation October 28, 2015 0Macau, once a gambling paradise and a haven for casino establishments has tightened a number of regulations in the last...
Macau authorities arrest South Korean casino workers for enticing Chinese gamblers Renee Kingsley Gaming Law & LegislationGaming Industry NewsAsian Casino NewsMacauFines, Lawsuits & LitigationSouth Korea October 20, 2015 0Macau’s casino industry used to enlist special junket operators whose main role was to target VIP gamblers from Mainland China...
Billionaire Steve Wynn terms feud with Boston Mayor a perverse comedy Renee Kingsley Gaming Law & LegislationU.S.A.Casino proposalsCasino openingsGaming Industry NewsLicensesMassachusetts October 19, 2015 0The battle between Boston Mayor Martin Walsh and Wynn Resorts chairman and billionaire continues to remain in the spotlight as...
Macau’s Studio City downgrades its hotel from 5 star to 4 star to adapt to tourism price drop Renee Kingsley World Casino NewsNew HotelsCasino project updatesEconomy/FinanceAsian Casino NewsMacau October 16, 2015 0Macau’s casino industry lost over $100 billion during the last 18 months due to the anti-corruption crackdown which scared away...
Chow Tai Fook relying heavily on China’s VIP network to raise funds for $3 billion Brisbane consortium Renee Kingsley AustraliaCasino openingsChinaHong KongEconomy/FinanceAsian Casino News October 13, 2015 0Echo Entertainment and James Packer’s Crown Resorts battled it out to secure rights to construct a $3 billion mega-casino resort at...
Toronto police crack down on illegal gambling Lars Jones Latest Casino and Gambling NewsCasino NewsOntarioUnlicensed Operation October 10, 2015 0Toronto police have raided gambling dens and illegal casinos in several areas of the city resulting in the arrests of...
Casino’s in Cambodia can turn into a playground for money launderers Renee Kingsley CambodiaCasino CheatingMoney LaunderingAsian Casino NewsMacauConspiracyCrimeRacketeering October 7, 2015 0The casino industry in Cambodia is continuing to grow as gambling establishments and junket operators promote Cambodia’s casino industry to...
Macau Golden Week suffers visitor decrease due to Typhoon Mujigae Renee Kingsley Gaming Law & LegislationCasino NewsChinaEconomy/FinanceAsian Casino NewsMacau October 5, 2015 0Macau’s department of gaming recently confirmed that gaming revenue has fallen for the 16th consecutive month. This drop in gaming...
Casino stocks slide in Hong Kong, US Lars Jones Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacauIndepth / Featured Articles September 30, 2015 0Tuesday saw casino stocks on the Hong Kong stock exchange (HKEx) fall to levels unseen in years, and the sneeze...
Neptune Group contemplates shutting down Macau junket operation Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauMergers, Acquisitions & Partnerships September 29, 2015 0Neptune Group Ltd, a junket operator that once had a thriving operation in Macau has found it difficult to post...
China sentences internet star Guo Meimei to five years in prison for running illegal casino operation Renee Kingsley Casino CheatingChinaUnlicensed OperationAsian Casino NewsCrimeRacketeering September 11, 2015 0Guo Meimei became an internet sensation in China during 2011 after she published numerous photos on social media depicting a...
Michigan regulator says fantasy sports are illegal Kim M Latest Casino and Gambling NewsSports bettingFantasy SportsMichigan September 3, 2015 0According to a GamblingCompliance report on Tuesday, daily fantasy sports (DFS) are not legal in the state of Michigan. On...