AML laws of Philippines to be strengthened after $81M bank heist Sadonna Price Latest Casino and Gambling NewsMoney LaunderingPhilippines May 12, 2016 0In February, hackers managed to steal $101 million from bank accounts in New York for account holders located in Bangladesh....
Sun to shine on Tigre de Cristal after first winter in Siberia Lars Jones Latest Casino and Gambling NewsEconomy/FinanceRussiaRussia April 30, 2016 0Things are looking up for Lawrence Ho’s Tigre de Cristal casino near Vladivostok, Russia. Mr. Ho’s Summit Ascent Holdings held...
Citi analysts predict slower but strong growth for NagaCorp in 2016 Renee Kingsley Latest Casino and Gambling NewsCambodiaMacau April 18, 2016 0While most Asian markets including Macau experienced a significant decline in gambling revenues in 2015, Cambodia’s casino industry has bucked...
Macau’s Legislative Assembly needs more time to submit final report on smoking ban vote Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationMacau April 11, 2016 0Macau’s casinos currently allow gamblers to smoke in VIP enclosures and mass market gamblers to use an airport style lounge...
PAGCOR defends gaming industry amidst money laundering incident Sadonna Price Latest Casino and Gambling NewsMoney LaunderingPhilippines April 3, 2016 0Philippine Amusement and Gaming Corporation Head Cristino Naguiat Jr. recently spoke with reporters, defending the gambling industry, stating that casinos...
Yearly net loss for Imperial Pacific narrows to US$11 million Kim M Latest Casino and Gambling NewsHong KongNorthern Mariana IslandsFinancial Press ReleasesSaipan March 17, 2016 0On Monday, Hong Kong-listed gaming investor Imperial Pacific International Holdings Ltd (HKG: 1076) reported a net loss of HKD84.37 million...
Neptune Group says VIP crisis inescapable Kim M Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau March 15, 2016 0Gaming promoter, Neptune Group, says that the crisis that has hit the gaming sector hard has rendered the territory’s existing...
$100 million money laundering probe in the Philippines: report Lars Jones Latest Casino and Gambling NewsHackingMoney LaunderingMacauPhilippines February 29, 2016 0What appears to be the single largest money laundering crime in the history of the Philippines is being investigated by financial...
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...
Cali Group closes two VIP gaming rooms Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau February 6, 2016 0The Cali Group is a gambling junket operator located in Macau that previously had offered four VIP gaming rooms at...
Jimei Casino’s VIP slot room has an average first month in Macau Renee Kingsley Casino expansion projectsChinaMacau February 3, 2016 0Macau’s Jimei Casino wanted to implement a new marketing strategy to boost its revenues in 2016 by launching an exclusive...
Macau authorities bust five police officers for allowing gamblers illegal entry and protection services Renee Kingsley Casino CheatingChinaMoney LaunderingUnlicensed OperationAsian Casino NewsMacauRacketeering January 19, 2016 0Macau’s anti-corruption crackdown against VIP gamblers from Mainland China has been going on for the last 24 months and has...
Vickers report says Macau’s casino industry is an attractive target for terrorists Renee Kingsley Casino openingsChinaMoney LaunderingAsian Casino NewsMacau January 18, 2016 0Macau’s casinos have been the target of an anti-corruption government crackdown for the last 24 months, but Steve Vickers and...
Cambodia’s gaming tax revenues increase by 35 percent in 2015 Renee Kingsley Gaming Law & LegislationCambodiaChinaEconomy/FinanceLicensesAsian Casino NewsTaxation January 15, 2016 0Cambodia’s government went out of its way to welcome gambling providers into the country during the past few years and...
VIP room fraud case surfaces at L’Arc Casino hotel Sadonna Price Latest Casino and Gambling NewsCasino NewsMacauFinancial Fraud January 6, 2016 0Located on the Macau peninsula, the L’Arc Casino Hotel is the latest venue to see a case of alleged fraud...