Macau’s Jimei Casino CEO Resigns As VIP Slot Room Continues To Struggle Renee Kingsley ChinaMacau February 23, 2016 0Jimei Casino located within the Grand Lapa is one of the smaller casinos in Macau and recently decided to experiment with...
Hengqin SEZ increases land mass and invites Hong Kong investors to establish new businesses Renee Kingsley ChinaEconomy/FinanceAsian Casino NewsMacau December 16, 2015 0The state council recently approved Hengqin Island’s request to double its land mass and increase the area of its special...
Efforts to curb underground banking beefed up by China Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsChinaGaming Industry NewsMoney LaunderingIllegal BookmakingUnlicensed OperationOnline Gambling NewsAsian Casino NewsMacauFinancial Fraud November 25, 2015 0After the country’s largest underground banking operation was dismantled by authorities in China last week, handling online gambling transactions in...
China busts massive online gambling ring Alex Lanter Latest Casino and Gambling NewsWorld Casino NewsChinaUnlicensed Operation November 18, 2015 0On Tuesday the authorities in China announced that they cracked a big cross-border online gambling ring that handled $78 billion...
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...
Raids result in thousands of arrests in Macau, China, and HK Kim M Latest Casino and Gambling NewsWorld Casino NewsChinaHong KongMoney LaunderingUnlicensed OperationAsian Casino NewsMacau September 27, 2015 0According to local sources a series of raids over a three-month period by Hong Kong police have resulted in the...
Hong Kong money laundering trial adjourned until March Kim M Latest Casino and Gambling NewsWorld Casino NewsHong KongMoney LaunderingAsian Casino NewsMacau September 26, 2015 0One time Neptune Group Ltd shareholder in Hong Kong’s Macau VIP gambling sector Cheung Chi-tai’s trial has been adjourned by...
Horse racing collaboration coming to mainland China, no betting allowed Lars Jones Latest Casino and Gambling NewsHorse RacingChinaHong KongMergers, Acquisitions & Partnerships September 12, 2015 0The Hong Kong Jockey Club (HKJC) will act as advisors to the Chinese Equestrian Association to help develop the sport of...
With win under belt Asian beat goes on for Echo/Star Entertainment Kim M Latest Casino and Gambling NewsCasino proposalsAustraliaCasino NewsCasino Cruise ShipsWorld Casino NewsLicensesOceania Casino NewsMergers, Acquisitions & Partnerships September 6, 2015 0New South Wales Independent Liquor and Gaming Authority has given the green light to Genting Hong Kong to increase its...
Macau’s crackdown on underground banking activities will hit struggling casino industry Renee Kingsley ChinaGaming Industry NewsMoney LaunderingEconomy/FinanceAsian Casino NewsMacauTax EvasionCrimeFinancial Fraud August 27, 2015 0The anti-corruption crackdown launched by Beijing targeting corrupt officials and VIP gamblers in Macau has been successful due to the...
China’s Central Bank and Macau to Battle Money Laundering Alex Lanter Latest Casino and Gambling NewsChinaMoney LaunderingAsian Casino NewsMacau August 26, 2015 0The Monetary Authority of Macau and the People’s Bank of China (PBOC) signed a new memorandum of understanding in order...
Travellers International seeks 3 millionth member; Resorts World Manila a ‘family destination’ Alex Lanter Latest Casino and Gambling NewsWorld Casino NewsEconomy/FinanceAsian Casino NewsPhilippines August 26, 2015 0The operator of the Resorts World Manila Casino Resort, Travellers International Hotel Group Inc, said that the company is hoping...
Cruise ship numbers and profits rise for Genting Hong Kong Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsPhilippines August 24, 2015 0Genting Hong Kong Limited, a gaming operator that runs casino cruise ships as well as a casino gaming developer in...
Reopening of Tinian casino dependent upon new owner license Kim M Latest Casino and Gambling NewsCasino NewsCasino openingsCasino closuresMergers, Acquisitions & PartnershipsNorthern Mariana Islands August 18, 2015 0Temporarily closed due to the mass destruction caused by Typhoon Soudelor throughout the Commonwealth of Northern Mariana Islands, Tinian Dynasty...
Birmingham City Chairman released from jail; Free to appeal money laundering charges Kim M Latest Casino and Gambling NewsHong KongMoney Laundering August 17, 2015 0A top court in Hong Kong granted Carson Yeung Ka Sing, Birmingham International Holdings Ltd. Chairman, release from jail Friday...