Illegal casino case begins in SW China Kim M Latest Casino and Gambling NewsWorld Casino NewsChinaUnlicensed OperationAsian Casino NewsCrime July 21, 2015 0Thirty people who were charged with allegedly taking part in illegal gambling were in court on Monday in China‘s Yunnan...
Macau 2Q financial reports show casino profits continuing to fall D. Graham Latest Casino and Gambling NewsWorld Casino NewsChinaMoney LaunderingEconomy/FinanceAsian Casino NewsMacau July 18, 2015 0GGRAsia reports that Macau’s second quarter VIP baccarat gaming revenue has fallen 42.2 percent, almost $4 billion U.S., compared to...
Vingroup plans to construct mega casino resort in Hai Phong, Vietnam Renee Kingsley Casino proposalsCasino openingsChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauVietnam July 14, 2015 0Vingroup, one of the largest real estate firms in Vietnam, recently announced that they planned to construct a mega-casino resort...
Casino stocks increase after Macau announces new visa rules Renee Kingsley Gaming Law & LegislationChinaGaming Industry NewsMoney LaunderingEconomy/FinanceAsian Casino NewsMacauCrimeRacketeeringFinancial Fraud July 1, 2015 0Macau, the biggest gambling hub in the world, is located just an hour away by ferry from Mainland China. Some...
One fourth of lottery funds misused in China; US$2.72 billion Sam Mitchell Latest Casino and Gambling NewsChinaLotteryUnlicensed OperationFinancial Fraud June 26, 2015 0Thursday, June 25, 2015 the National Audit Office of China revealed misappropriation of lottery funds on its website. According to...
Air travel from China to South Korea increases Sam Mitchell Latest Casino and Gambling NewsCasino NewsChinaJapanAsian Casino NewsSouth Korea June 25, 2015 0May was a great month for traveling from China to South Korea. June 24, 2015 official statement from South Korea...
Macau casino revenues continue to decline Sam Mitchell Latest Casino and Gambling NewsChinaEconomy/FinanceMacau June 24, 2015 0On June 23rd 2015, it was reported that the losing streak of Macau is set to continue. The gambling revenue...
Seventeen casinos scheduled to open before 2020 in Asia Pacific Renee Kingsley Latest Casino and Gambling NewsCambodiaAustraliaCasino NewsChinaNew ZealandJapanAsian Casino NewsMacauOceania Casino NewsMalaysiaNepalPhilippinesRussiaSingaporeSouth KoreaVietnam June 22, 2015 0The gambling industry in Asia continues to grow at a rapid pace and gambling establishments are not wasting any time...
14 arrested in China for attracting gamblers Lars Jones Latest Casino and Gambling NewsWorld Casino NewsChinaCrimeSouth Korea June 21, 2015 0On Friday, Asian news agency Yonhap reported that Chinese authorities had arrested 14 South Koreans on Wednesday for allegedly trying...
Morgan Stanley says Macau casino decline caused by drop in VIP customers Renee Kingsley Las VegasCasino NewsChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauNevada June 19, 2015 0Morgan Stanley Research Asia Ltd recently completed a detailed study of the casino industry in Macau and has concluded that...
Macau’s Financial Services Bureau reports 35% drop in govt gaming tax Renee Kingsley Casino NewsChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau June 18, 2015 0When Beijing launched its anti corruption crackdown in February 2014 and targeted Macau’s casinos, many believed that it would be...
MGM reconfigures credit agreement for Macau Resort Sam Mitchell Latest Casino and Gambling NewsLas VegasChinaGaming Industry NewsEconomy/FinanceMacau June 14, 2015 1MGM Resort International announced Friday June 12, 2015 that it has refinanced the credit agreement for the Macau subsidiary. The...
Wang Bo bribery case to be investigated by new fact-finding team Sadonna Price Latest Casino and Gambling NewsChinaFines, Lawsuits & Litigation June 9, 2015 0Wang Bo is a Chinese national who is allegedly involved in a bribery case involving officials from the Bureau of...
Philippines immigration commissioner says he did not accept any bribe from Chinese deportee Renee Kingsley Unsavory reportsChinaCrimePhilippines June 6, 2015 0Beijing anti-corruption campaign has extended its reach into international territories as Chinese authorities are determined to go after corrupted officials...
Upcoming Kazakhstan casino resort announces marketing/sales partner Sam Mitchell Latest Casino and Gambling NewsChinaCasino project updatesKazakhstanMergers, Acquisitions & PartnershipsRussiaRussia June 5, 2015 0On June 5th 2015, it was announced that Big Lifestyle and Development will be the exclusive sales and marketing partner for...