China | World Casino News

China’s mobile gaming revenue will exceed the U.S. market in 2015

September 3, 2015

U.S.A., North America Casino News, Online gambling regulation, China, Economy/Finance, Asian Casino News

Niko Partners, one of the leading research companies in the Asian games market intelligence segment recently released the 2015 Chinese Mobile Gaming Report which confirmed a growth curve in 2015. The report con...

Macau’s crackdown on underground banking activities will hit struggling casino industry

Renee Kingsley

August 27, 2015

China, Gaming Industry News, Money Laundering, Economy/Finance, Macau, Asian Casino News, Tax Evasion, Crime, Financial Fraud

The anti-corruption crackdown launched by Beijing targeting corrupt officials and VIP gamblers in Macau has been successful due to the fact that it has scared away Macau’s VIP gamblers who were not willing to b...

China’s Central Bank and Macau to Battle Money Laundering

Alex Lanter

August 26, 2015

Latest Casino and Gambling News, China, Money Laundering, Macau, Asian Casino News

The Monetary Authority of Macau and the People's Bank of China (PBOC) signed a new memorandum of understanding in order to tighten up anti-money laundering measures and prevent illegal and terrorist financing a...

Subsidiary of China LotSynergy wins bid for sports lottery complex in Guangdong

Sam Mitchell

August 13, 2015

Latest Casino and Gambling News, China, Lottery

China LotSynergy Holdings Limited’s Board of Directors announce the approval of their subsidiary’s, Guangzhou Lottnal Terminal Company Ltd, bid for a sports lottery complex. The subsidiary is going to be a part...

Beijing launches operation Chain Break to crack down on casino promoters

Sam Mitchell

August 12, 2015

Latest Casino and Gambling News, China, Macau, Philippines, South Korea

August 11, 2015—Berstein Research shows the Chinese government is cracking down on all junket operators, including agents trying to promote other Asian casino destinations. Over the weekend, the Chinese governm...

Philippines Secretary of Justice deports alleged gambling criminal Bo Wang

Lars Jones

August 8, 2015

China, Money Laundering, Bribery, Financial Fraud, Philippines

Philippine Secretary of Justice Leila De Lima re-issued a deportation order on Tuesday for the alleged gambling kingpin from China, Bo Wang. Thursday morning he left the country from Ninoy Aquino International ...

Studio City expected to open this October; 150 live gaming tables expected

Kim M

August 3, 2015

Casino News, Latest Casino and Gambling News, China, Casino openings, Casino project updates, Macau

Initially set for Monday, on Wednesday Melco Crown will announce the opening date of its Studio City, according to ggrasia.com, but Bernstein Research estimates that it will be 100 days before it is ready to op...

Spain’s BCN World to receive €900m investment from Hard Rock International

Renee Kingsley

August 3, 2015

Casino News, Casino openings, China, Casino project updates, India, European Casino News, Asian Casino News, Dominican Republic, Spain

BCN World is a super mega complex that is in the process of being constructed on 8.25 kilometres of land which is located in the province of Tarragona. It is about an hour away from Barcelona, Spain and will co...

Tinian Dynasty Hotel & Casino settle record fine with $3.04 million forteiture

D. Graham

July 25, 2015

Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, China, World Casino News, Gaming Industry News, Money Laundering, Asian Casino News, Crime, Fines, Lawsuits & Litigation, Northern Mariana Islands

Northern Mariana Island's Tinian Dynasty Hotel & Casino, levied with a record $75 million fine in June, has settled their FinCEN violations with a non-prosecutorial forfeiture agreement of $3.04 million. ...

Illegal casino case begins in SW China

Kim M

July 21, 2015

Latest Casino and Gambling News, World Casino News, China, Unlicensed Operation, Asian Casino News, Crime

Thirty people who were charged with allegedly taking part in illegal gambling were in court on Monday in China's Yunnan Province, according to the media. Wang Lijuan, the alleged ringleader, along with 29 ot...

Macau 2Q financial reports show casino profits continuing to fall

D. Graham

July 18, 2015

Latest Casino and Gambling News, World Casino News, China, Money Laundering, Economy/Finance, Asian Casino News, Macau

GGRAsia reports that Macau’s second quarter VIP baccarat gaming revenue has fallen 42.2 percent, almost $4 billion U.S., compared to last year’s earnings. Casino gross gaming revenue (GGR) overall for the first...

Vingroup plans to construct mega casino resort in Hai Phong, Vietnam

Renee Kingsley

July 14, 2015

Casino proposals, China, Casino openings, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Vietnam

Vingroup, one of the largest real estate firms in Vietnam, recently announced that they planned to construct a mega-casino resort estimated to be around $870 million in Hai Phong. This resort island project wil...

Casino stocks increase after Macau announces new visa rules

Renee Kingsley

July 1, 2015

Gaming Law & Legislation, China, Gaming Industry News, Money Laundering, Economy/Finance, Macau, Asian Casino News, Racketeering, Crime, Financial Fraud

Macau, the biggest gambling hub in the world, is located just an hour away by ferry from Mainland China. Some of the biggest casino brands in the world like the Las Vegas Sands Corp., MGM Resorts International ...

One fourth of lottery funds misused in China; US$2.72 billion

Sam Mitchell

June 26, 2015

Latest Casino and Gambling News, China, Lottery, Unlicensed Operation, Financial Fraud

Thursday, June 25, 2015 the National Audit Office of China revealed misappropriation of lottery funds on its website. According to the report investigators have found approximately 16.9 billion Yuan has been mi...

Air travel from China to South Korea increases

Sam Mitchell

June 25, 2015

Casino News, Latest Casino and Gambling News, China, Japan, Asian Casino News, South Korea

May was a great month for traveling from China to South Korea. June 24, 2015 official statement from South Korea revealed travel was up 28% based on a 2014 to 2015 analysis. May numbers showed 1.69 million peop...

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Macau’s crackdown on underground banking activities will hit struggling casino industry

China’s Central Bank and Macau to Battle Money Laundering

Subsidiary of China LotSynergy wins bid for sports lottery complex in Guangdong

Beijing launches operation Chain Break to crack down on casino promoters

Philippines Secretary of Justice deports alleged gambling criminal Bo Wang

Studio City expected to open this October; 150 live gaming tables expected

Spain’s BCN World to receive €900m investment from Hard Rock International

Tinian Dynasty Hotel & Casino settle record fine with $3.04 million forteiture

Illegal casino case begins in SW China

Macau 2Q financial reports show casino profits continuing to fall

Vingroup plans to construct mega casino resort in Hai Phong, Vietnam

Casino stocks increase after Macau announces new visa rules

One fourth of lottery funds misused in China; US$2.72 billion

Air travel from China to South Korea increases

Review Clears SkyCity Adelaide to Retain Licence Under Strict Oversight

Mohegan Reports Strong Digital Gains Despite Lower Q3 Revenues

Galaxy Entertainment Sees Growth as Capella and Events Drive Q2 Results

Star Entertainment Seals Deal to Exit Brisbane Casino Operations

Pennsylvania Senate Approves Bill to Cut Minimum Casino Slot Machine Count