Is there a link between Macau’s gross gaming revenue decline and the rise of gaming-related crime? Renee Kingsley Asian Casino NewsMacauCrime January 27, 2016 0Macau’s gambling industry continued to decline in 2015 due to the anti-corruption crackdown launched by Beijing to weed out money...
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...
Macau junket association and government officials finally hold meeting to discuss gaming regulations in 2016 Renee Kingsley Gaming Law & LegislationChinaMoney LaunderingEconomy/FinanceAsian Casino NewsMacau January 15, 2016 0Macau’s junket operators have not been given a lot of attention by the media during 2014 and 2015, as the...
Macau’s casino regulator refuses to renew 35 junket operator licences Alex Lanter Latest Casino and Gambling NewsWorld Casino NewsLicensesAsian Casino NewsMacau January 14, 2016 0Paulo Martins Chan, Macau’s Gaming Inspection and Coordination Bureau new director, revealed that the regulatory refused to renew a total...
Bernstein reports that mass GGR contributed around 52% of Macau’s December GRR Alex Lanter Latest Casino and Gambling NewsWorld Casino NewsEconomy/FinanceAsian Casino NewsMacau January 13, 2016 0Hong Kong based brokerage Sanford C. Bernstein published a note claiming that approximately 52% of Macau’s December casino gross gaming...
Macau’s Jimei casino wants junket operators to focus on VIP slot players Renee Kingsley Casino expansion projectsChinaAsian Casino NewsMacau January 13, 2016 0Many of Macau’s casinos have accepted the fact that the VIP market segment will most likely never be the same...
Greek Mythology Casino in Macau does not provide any explanation for not opening in 2016: Updated Renee Kingsley Casino NewsCasino closuresAsian Casino NewsMacauFines, Lawsuits & Litigation January 5, 2016 0Please see update below: The Greek Mythology casino is one of the lesser known casinos in Macau but one of...
Macau gross gaming revenue drops for 35% Alex Lanter Latest Casino and Gambling NewsWorld Casino NewsEconomy/FinanceAsian Casino NewsMacau December 30, 2015 0Macau, once a successful gaming heaven, noted a sharp gross gaming revenue drop of 35.3% for the first 11 months...
Macau’s Chief Executive advises casino industry to focus on non-gaming activities in 2016 Renee Kingsley Economy/FinanceAsian Casino NewsMacau December 22, 2015 0Gambling establishments who were expecting better things from the Macau government in 2016 had their hopes doused yet again as...
Macau authorities investigate two officials who are suspected of taking bribes Renee Kingsley Casino CheatingChinaMoney LaunderingAsian Casino NewsMacauCrimeRacketeeringBribery December 16, 2015 0Chinese President Xi Jinping launched an anti-corruption crackdown in Macau due to growing concerns that government officials in high level...
Queen of Pop Madonna to perform at Studio City Macau Alex Lanter Latest Casino and Gambling NewsWorld Casino NewsAsian Casino NewsMacau December 15, 2015 0Studio City Macau confirmed that the “Queen of Pop” Madonna will bring her “Rebel Heart Tour” to its event centre....
Macau authorities turn their attention to AliPay operations Renee Kingsley Casino CheatingMoney LaunderingUnlicensed OperationAsian Casino NewsMacauCrime December 15, 2015 0There appears to be no let up in Macau’s anti-corruption crackdown on the gambling industry as Macau authorities recently announced...
Dore junket investors continue to hold protests outside Wynn Macau casino Renee Kingsley Gaming Law & LegislationCasino NewsChinaMoney LaunderingAsian Casino NewsMacauFinancial Fraud December 8, 2015 0The once thriving casino industry in Macau has suffered its 18th consecutive month of declining revenue and one of the...
SJM Chairman calls for Macau government to boost tourism Alex Lanter Latest Casino and Gambling NewsWorld Casino NewsAsian Casino NewsMacau December 7, 2015 0Ambrose So Shu Fai, SJM Holdings Chairman, said that Macau’s government has to come up with measures that would boost...