China

Thai Court Approves Extradition of Alleged Gambling Kingpin She Zhijiang to China

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, China, Gaming Industry News, Money Laundering, Employment & Careers, Unlicensed Operation, Crime, Fines, Lawsuits & Litigation, Thailand
After a prolonged legal struggle spanning more than three years, Thailand has approved the extradition of alleged gambling tycoon w to China. The 43-year-old Chinese national, who also holds Cambodian citizensh...

Taiwan Detains 25, Seizes $145M in Assets From Cambodia’s Prince Group

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Cambodia, Taiwan, Gaming Industry News, Money Laundering, Economy/Finance, Employment & Careers, Crime, Fines, Lawsuits & Litigation, Financial Fraud
Taipei prosecutors have detained 25 individuals and confiscated more than NT$4.5 billion (US$145 million) in assets connected to Cambodia’s Prince Holding Group, an empire led by businessman Chen Zhi, who was c...

Billionaire Developer Sues Star Sydney for $37 Million Over Gambling Losses

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Casino News, Unsavory reports, China, Gaming Industry News, Money Laundering, Economy/Finance, The Players Lounge, Crime, Fines, Lawsuits & Litigation
A high-profile billionaire property developer from China has initiated legal action against Star Sydney, seeking A$57 million (approximately US$37 million) in compensation for his gambling losses. Phillip Dong ...

Chinese Underground Banking Networks Fuel Global Criminal Finance

Vanja Mitic
Cryptocurrency, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, China, Gaming Industry News, Mobile gaming, Money Laundering, Economy/Finance, Online Gambling News, Crime, Financial Fraud
Chinese underground banking systems, known informally as “fei qian” or “flying money,” have become central to the operations of organized crime groups around the world. Functioning beyond the reach of regulated...

Coates Family Weighs £9B Bet365 Sale Amid Global Strategy Shift

Vanja Mitic
Latest Casino and Gambling News, U.S.A., World Casino News, China, Gaming Industry News, Casino moguls, Economy/Finance, Licensed online casinos in USA, Online Gambling News, United Kingdom
The Coates family, founders of UK gambling powerhouse Bet365, is reportedly considering a sale that could value the firm at up to £9 billion. The online betting giant—led by CEO Denise Coates—has been in conver...

MGM Resorts Prepares for Ground Breaking Ceremony on Japan’s First Casino in Osaka

Johnny K.
Latest Casino and Gambling News, Casino News, Casino openings, China, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Japan, Asian Casino News, Macau, Financial Press Releases
MGM Resorts International and its partners have officially begun work on Japan’s first casino-integrated resort in Osaka. The groundbreaking ceremony for the ambitious project will take place on April 24, marki...

China Strengthens Cooperation with ASEAN to Combat Online Gambling and Telecom Fraud

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Unsavory reports, Online gambling regulation, China, Gaming Industry News, Mobile gaming, Money Laundering, Employment & Careers, Online Gambling News, Crime, Financial Fraud
In a strategic effort to address growing regional security concerns, China has pledged to deepen cooperation with the member states of the Association of Southeast Asian Nations (ASEAN) to combat the rise in on...