8 or more Macau VIP gaming rooms close in August Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacauLabor Relations September 2, 2015 0According to Macau Business Daily, a minimum of 8 VIP gaming rooms should be closing, either already having done so...
Macau casinos taking out VIP kidnapping insurance Sadonna Price Latest Casino and Gambling NewsMacau August 31, 2015 0Casinos in Macau are unfortunately no stranger to crime, and the recent increase in casino-related crimes have resulted in operators...
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...
Beijing launches operation Chain Break to crack down on casino promoters Sam Mitchell Latest Casino and Gambling NewsChinaMacauPhilippinesSouth Korea August 12, 2015 0August 11, 2015—Berstein Research shows the Chinese government is cracking down on all junket operators, including agents trying to promote...
Macau wishy-washy on smoking ban Alex Lanter Latest Casino and Gambling NewsGaming Law & LegislationWorld Casino NewsMacau August 10, 2015 0Almost a month ago, local media in Macau reported that a possible smoking ban could be implemented in 2016 and...
Wide market expected for Tigre de Cristal casino in Russia Kim M Latest Casino and Gambling NewsWorld Casino NewsAsian Casino NewsMacauRussia July 22, 2015 0According to Macau Business Daily, Lawrence Ho, co-chairman and chief executive officer of Melco Crown Entertainment Ltd., hopes the Russian...
34 gambling establishments apply for South Korea casino licenses Renee Kingsley Casino proposalsCasino NewsGaming Industry NewsEconomy/FinanceLicensesAsian Casino NewsSouth Korea July 20, 2015 0The Asian gaming boom continues even as revenues shrink in flagship Macau. Seeing massive tax possibilities and tourism benefits, coupled...
Macau 2Q financial reports show casino profits continuing to fall D. Graham Latest Casino and Gambling NewsWorld Casino NewsChinaMoney LaunderingEconomy/FinanceAsian Casino NewsMacau July 18, 2015 0GGRAsia reports that Macau’s second quarter VIP baccarat gaming revenue has fallen 42.2 percent, almost $4 billion U.S., compared to...
One fourth of lottery funds misused in China; US$2.72 billion Sam Mitchell Latest Casino and Gambling NewsChinaLotteryUnlicensed OperationFinancial Fraud June 26, 2015 0Thursday, June 25, 2015 the National Audit Office of China revealed misappropriation of lottery funds on its website. According to...
MGM reconfigures credit agreement for Macau Resort Sam Mitchell Latest Casino and Gambling NewsLas VegasChinaGaming Industry NewsEconomy/FinanceMacau June 14, 2015 1MGM Resort International announced Friday June 12, 2015 that it has refinanced the credit agreement for the Macau subsidiary. The...
Neptune Guangdong Group denies layoffs Lars Jones Latest Casino and Gambling NewsCasino NewsWorld Casino NewsGaming Industry NewsMacau June 11, 2015 0Reports here and in several Asian news outlets recently, as well as analysis from Daiwa Securities Group have indicated imminent...
Singaporean citizen refutes claims of scamming Manila casino of $8 million Renee Kingsley Asian Casino NewsCrimeFinancial FraudPhilippinesSingapore May 28, 2015 0According to reports in Asian news outlets, Solaire Resort and Casino in Manila filed a police report against Singaporean national...
Tinian casino opening 12 years out–constant progress Lars Jones Latest Casino and Gambling NewsCasino NewsCasino project updatesMacauNorthern Mariana Islands May 12, 2015 0Gambling expansion in the paradisaical Commonwealth of the Northern Mariana Islands continues with several projects in the works. Macau-based Alter...
Chinese shoppers targeted by South Korea as they increase “low roller” numbers Sam Mitchell Latest Casino and Gambling NewsCasino NewsChinaSouth Korea May 6, 2015 0On May 5, 2015 it was revealed in a Reuters article that Seoul foreigner-only casinos have started targeting low-roller gamblers,...
Wonderful World developer denies allegations of sharing personal info Sam Mitchell Latest Casino and Gambling NewsData ProtectionMacauFines, Lawsuits & Litigation April 20, 2015 0A casino website, 99world.com, was launched in 2013 to expose gamblers with debts; most often Chinese citizens who avail themselves...