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Macau junket association and government officials finally hold meeting to discuss gaming regulations in 2016

January 15, 2016

Gaming Law & Legislation, China, Money Laundering, Economy/Finance, Asian Casino News, Macau

Macau’s junket operators have not been given a lot of attention by the media during 2014 and 2015, as the losses incurred by Macau’s casinos has been the focus of most discussions. However, Macau’s junket opera...

Cambodia’s gaming tax revenues increase by 35 percent in 2015

Renee Kingsley

January 15, 2016

Gaming Law & Legislation, Cambodia, China, Economy/Finance, Licenses, Asian Casino News, Taxation

Cambodia’s government went out of its way to welcome gambling providers into the country during the past few years and its liberal gambling laws have been successful in attracting major investors into its casin...

Macau’s Jimei casino wants junket operators to focus on VIP slot players

Renee Kingsley

January 13, 2016

China, Casino expansion projects, Asian Casino News, Macau

Many of Macau’s casinos have accepted the fact that the VIP market segment will most likely never be the same as it was before and have since moved on to focusing on mass market gamblers just as the Macau gover...

China’s anti-corruption crackdown will impact the progress of the controversial Baha Mar Resort

Renee Kingsley

January 7, 2016

Casino proposals, Casino News, Casino openings, China, Casino project updates, Bahamas, Caribbean Casino News, Money Laundering, Asian Casino News, Fines, Lawsuits & Litigation

The proposal to build the Baha Mar resort in the Bahamas was initially submitted in 2002 and over a decade has passed since then but the resort is yet to be completed and continues to be surrounded in controver...

Star Entertainment proposes 200 meter hotel tower in Sydney to compete with Packer’s Barangaroo Casino Resort

Renee Kingsley

January 4, 2016

Australia, Casino expansion projects, China, Asian Casino News, Oceania Casino News

The fierce competition between Star Entertainment and Crown Resorts, two of the biggest casino operators in Australia, is working out very well for New South Wales. Star Entertainment has enjoyed an exclusive c...

Chinese gamblers flock to Siberia’s Tigre de Cristal Casino

Lars Jones

December 31, 2015

Latest Casino and Gambling News, Casino News, China, New Hotels, Casino project updates, Economy/Finance, Russia, Russia

In spite of several unavoidable delays, Tigre de Cristal Casino opened its doors on October 8, 2015 and is operating smoothly with landmark business in Russia's Far East. The Lawrence Ho creation (son of Maca...

Sands Cotai opens fourth tower with St. Regis Macao

Kim M

December 19, 2015

Latest Casino and Gambling News, World Casino News, China, New Hotels, Gaming Industry News, Mergers, Acquisitions & Partnerships

Sands Cotai Central in Macau, a UNESCO World Heritage Site, has gained its fourth hotel as St. Regis Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc., has announced the long-awaited d...

Hengqin SEZ increases land mass and invites Hong Kong investors to establish new businesses

Renee Kingsley

December 16, 2015

China, Economy/Finance, Asian Casino News, Macau

The state council recently approved Hengqin Island’s request to double its land mass and increase the area of its special economic zone. The island is currently similar in size to Macau, a special administrativ...

Macau authorities investigate two officials who are suspected of taking bribes

Renee Kingsley

December 16, 2015

Casino Cheating, China, Money Laundering, Asian Casino News, Macau, Racketeering, Crime, Bribery

Chinese President Xi Jinping launched an anti-corruption crackdown in Macau due to growing concerns that government officials in high level positions were taking advantage of their power and using it for person...

Australian greyhounds deemed too slow get “Death Row” sentence

Kim M

December 11, 2015

Australia, Casino News, Latest Casino and Gambling News, China, World Casino News, Gaming Industry News, Macau, Vietnam

1

A practice that breeches racing rules exports hundreds of Australian greyhounds, determined by their owners and trainers to be to too slow for Australian racing, to Asia where they languish in deplorable condit...

Dore junket investors continue to hold protests outside Wynn Macau casino

Renee Kingsley

December 8, 2015

Gaming Law & Legislation, Casino News, China, Money Laundering, Asian Casino News, Macau, Financial Fraud

The once thriving casino industry in Macau has suffered its 18th consecutive month of declining revenue and one of the main reasons for this decline is attributed to the drop in VIP customers from Mainland Chin...

Chinese company takes first position on Baha Mar with $50m finance deal

Lars Jones

December 7, 2015

Latest Casino and Gambling News, Casino News, China, New Hotels, Casino project updates, Bahamas, Economy/Finance, Mergers, Acquisitions & Partnerships, Bankruptcy

3

China Harbour Engineering Company (CHEC) has financed the bank-appointed receivers of Baha Mar Resort, Deloitte & Touche, with $50 million as a preferred lender, moving to the top of the queue to be repaid,...

Vietnam’s Crown International Games Club having great success with VIP gamblers from Mainland China

Renee Kingsley

December 7, 2015

China, Asian Casino News, Macau, Philippines, Vietnam

The Crown International Games Club in Danang, Vietnam appears to have found the right formula in attracting a regular clientele of VIP gamblers from Mainland China, who once used to frequent Macau’s casinos. ...

Macau’s new DICJ Leader promises to amend gaming laws to revive casino industry

Renee Kingsley

December 2, 2015

Gaming Law & Legislation, Casino Cheating, China, Money Laundering, Economy/Finance, Asian Casino News, Macau, Fines, Lawsuits & Litigation

While it is clear that Beijing’s anti-corruption crackdown on the Macau industry has caused the casino industry to suffer its biggest market slump, questions must also be raised about Macau’s gambling regulatio...

Efforts to curb underground banking beefed up by China

Kim M

November 25, 2015

Casino News, Latest Casino and Gambling News, China, World Casino News, Gaming Industry News, Money Laundering, Illegal Bookmaking, Unlicensed Operation, Macau, Online Gambling News, Asian Casino News, Financial Fraud

After the country’s largest underground banking operation was dismantled by authorities in China last week, handling online gambling transactions in the country could become much more difficult. Approximatel...

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Macau junket association and government officials finally hold meeting to discuss gaming regulations in 2016

Cambodia’s gaming tax revenues increase by 35 percent in 2015

Macau’s Jimei casino wants junket operators to focus on VIP slot players

China’s anti-corruption crackdown will impact the progress of the controversial Baha Mar Resort

Star Entertainment proposes 200 meter hotel tower in Sydney to compete with Packer’s Barangaroo Casino Resort

Chinese gamblers flock to Siberia’s Tigre de Cristal Casino

Sands Cotai opens fourth tower with St. Regis Macao

Hengqin SEZ increases land mass and invites Hong Kong investors to establish new businesses

Macau authorities investigate two officials who are suspected of taking bribes

Australian greyhounds deemed too slow get “Death Row” sentence

Dore junket investors continue to hold protests outside Wynn Macau casino

Chinese company takes first position on Baha Mar with $50m finance deal

Vietnam’s Crown International Games Club having great success with VIP gamblers from Mainland China

Macau’s new DICJ Leader promises to amend gaming laws to revive casino industry

Efforts to curb underground banking beefed up by China

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