Macau looking to introduce draft gaming bill on Monday

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Taxation, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation
The government of Macau has reportedly announced that it intends to use a full Monday session of the enclave’s Legislative Assembly in order to formally introduce its draft gaming bill. According to a report...

Crown Resorts Limited looking to open Crown Sydney casino ‘early in the new year’

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Casino News, New Hotels, Gaming Industry News, Casino project updates, Money Laundering, Economy/Finance, Licenses, Crime
In Australia and beleaguered casino operator Crown Resorts Limited has reportedly announced that it is now hoping to premiere the gambling element within its new Crown Sydney development ‘early in the new year’...

Macau regulator confirms shuttering of all Suncity Group gaming lounges

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Employment & Careers, Unlicensed Operation, Online Gambling News, Macau, Mergers, Acquisitions & Partnerships, Crime
In Macau and the Gaming Inspection and Coordination Bureau regulator has reportedly confirmed the temporary closure of all local VIP gaming lounges operated by junket firm Suncity Group. According to a repor...

Alvin Chau Cheok Wa to resign as boss of Suncity Group Holdings Limited

Adam Morgan
Latest Casino and Gambling News, Casino News, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, Unlicensed Operation, Online Gambling News, Asian Casino News, Mergers, Acquisitions & Partnerships, Crime, Financial Fraud
Following his arrest by police in mainland China over the weekend and Alvin Chau Cheok Wa (pictured) is reportedly set to stand down as Chief Executive Officer for Asian casino investor Suncity Group Holdings L...

Macau arrests eleven over illegal mainland gambling allegations

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, Unlicensed Operation, Online Gambling News, Macau, Crime, Financial Fraud
In Macau and the Judiciary Police has reportedly announced the arrest of eleven individuals for allegedly having ties to illicit gambling supposedly being conducted by local junket giant Suncity Group. Accor...

The Blackstone Group Incorporated again sweetens its Crown Resorts Limited buyout proposal

Adam Morgan
Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Economy/Finance, Illegal Bookmaking, Licenses, Mergers, Acquisitions & Partnerships, Crime
American private equity management firm The Blackstone Group Incorporated has reportedly lodged a second improved offer in its effort to take over beleaguered Australian casino operator Crown Resorts Limited. ...

Crown Resorts Limited to carry on in Melbourne despite ‘disgraceful’ verdict

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation
In Australia and the Victorian royal commission looking into the local gambling license suitability of Crown Resorts Limited has reportedly branded the local casino operator’s attitude towards implementing effe...

Crown Resorts Limited shareholders rebel over remuneration revelations

Adam Morgan
Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Crime, Bankruptcy, Fines, Lawsuits & Litigation
For the second consecutive year and a large number of shareholders in Crown Resorts Limited have reportedly rebelled against the firm currently under investigation by casino regulators for the states of Western...