Organized Crime | World Casino News

New South Wales regulator highlighting video slot money laundering threat

November 29, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Gaming Industry News, Money Laundering, Economy/Finance, Conspiracy, Crime

In Australia and the Chief Investigator for the Liquor and Gaming New South Wales regulator has reportedly asserted that his state’s 95,000 video slots are being used to illegally launder ‘hundreds of millions’...

United States government issues Cambodia casino investment warning

Adam Morgan

November 12, 2021

Latest Casino and Gambling News, Cambodia, Gaming Industry News, Money Laundering, Economy/Finance, Crime, Financial Fraud

The government of the United States has reportedly warned domestic companies and individuals that they should refrain from investing in certain sections of the Cambodian economy including its burgeoning casino ...

New York man charged with alleged attempt to fix a 2018 college basketball game

Adam Morgan

October 8, 2019

NCAA, Latest Casino and Gambling News, Illegal Bookmaking, Sports betting, Crime, Bribery, Fines, Lawsuits & Litigation, New York

In the United States and multiple suspected members of the Colombo organized crime group have reportedly been indicted by a federal court on charges that they allegedly tried to fix a National Collegiate Athlet...

Macau police stepping up efforts against loan-sharking and unlawful detention

Adam Morgan

May 17, 2019

Latest Casino and Gambling News, Macau, Crime, Racketeering, Financial Fraud

The first three months of the year have reportedly seen law enforcement officials in Macau increase their efforts against organized crime groups that conduct kidnappings and illegal loan-sharking tied to gambli...

Macau cracking down on illicit currency exchange activities

Adam Morgan

February 27, 2019

Latest Casino and Gambling News, Money Laundering, Economy/Finance, Macau, Crime, Racketeering, Financial Fraud

The highest ranking security official in Macau has reportedly announced that some 3,050 foreigners had been arrested either inside or near a casino last year on suspicion of being involved in illegal currency e...

Macau casino industry likely to prosper in 2018 despite challenges

Adam Morgan

January 8, 2018

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau, Crime

The future of the Macau casino industry reportedly remains positive with aggregate gross gaming revenues likely to rise over the course of 2018 despite the sector facing the dual challenges of combating organiz...

Larry Flynt loses lawsuit against California casino legislation

Adam Morgan

November 1, 2017

Latest Casino and Gambling News, California, Fines, Lawsuits & Litigation

In California, Friday reportedly saw millionaire publisher and businessman Larry Flynt lose his legal challenge against a state law that forbids licensed casino owners from being involved in the operation of si...

Chow Tai Fook says Stanley Ho to have no part in Baha Mar

Lars Jones

November 1, 2016

Casino Sales, Latest Casino and Gambling News, New Hotels, Casino project updates, Bahamas, Mergers, Acquisitions & Partnerships

Local media is reporting that Baha Mar suitor, Chow Tai Fook Enterprises (CFTE) has told them that Macau gambling king, Stanly Ho will have no part in their Bahamian operations if the conglomerate's bid to acqu...

Raids result in thousands of arrests in Macau, China, and HK

K Morrison

September 27, 2015

Latest Casino and Gambling News, World Casino News, China, Hong Kong, Money Laundering, Unlicensed Operation, Asian Casino News, Macau

According to local sources a series of raids over a three-month period by Hong Kong police have resulted in the arrests of approximately 4,343 people with alleged ties to the city’s infamous organized crime syn...

Rivers Casino in Illinois hit with $2 million fine

K Morrison

September 3, 2015

Latest Casino and Gambling News, Casino News, North America Casino News, Illinois, Fines, Lawsuits & Litigation

A complaint from the Illinois Gaming Board thrashing the Rivers Casino parent company for its lackadaisical control over gaming promotions and failing to follow internal procedures in the hiring of a security a...