China

Termination Notice Halts Acquisition of the Tigre de Cristal Casino in Vladivostok

Radosav Milutinovic
Casino Sales, Latest Casino and Gambling News, Taiwan, Casino Destinations, Casino News, World Casino News, Hong Kong, Gaming Industry News, Casino project updates, Economy/Finance, European Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships, Russia
The announced ownership transformation of the Tigre de Cristal integrated resort near Vladivostok in Russia has come to a halt. As reported, the Russian company Dalnevostochnyj Aktiv LLC has withdrawn from the ...

Record-Breaking Daily Visits To Macau Exceed 200,000 to Improve Casino Stocks by up to 10%

Radosav Milutinovic
Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, China, Casino reviews from Macau, World Casino News, Hong Kong, Gaming Industry News, Macau, Online Gambling News
Macau gambling industry experiences a rapid growth these days thanks to the Lunar New Year celebrations bringing in an increased number of tourists from Mainland China and Hong Kong. The city officials have rep...

Macau To Host Minimum 960,000 Visitors for Lunar New Year, MGTO Says

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, China, New Hotels, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Asian Casino News, Macau
A minimum of 960.000 individuals are projected to pay a visit to Macau throughout the duration of Lunar New Year, which will last 8 days, with an average number of visitors of 120.000 daily, according to Maria ...

Tigre de Cristal Casino Resort’s Operator Considered for a $116 Million Sale

Radosav Milutinovic
Casino Sales, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Taiwan, World Casino News, Gaming Industry News, Hong Kong, Economy/Finance, Licenses, Online Gambling News, Russia
Oriental Regent Ltd, a vertical of the Hong Kong-listed Summit Ascent Holdings Ltd, is to sell its gaming and hotel operations in Russia. As reported, Oriental sells its wholly-owned subsidiary G1 Entertainment...

Macau Casino Industry Strong In December Despite China’s Weakened Consumer Spending

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, China, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases
Casino industry in Macau ignored weakened consumer spending in China during December, because it saw a 433% increase in gaming income, and a return of the yearly take to 62.6% from pre-COVID levels. Gross ga...

Macau Reaches 121,000 Daily Average in Tourist Arrivals During Christmas Holidays

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, China, Casino reviews from Macau, Gaming Industry News, Hong Kong, Asian Casino News, Macau, Online Gambling News
As expected by the Macau gaming and travel stakeholders, the Christmas season has brought a strong visitor activity to the region. GGRAsia reports that city officials recorded more than 362,600 visitors from De...

Sportradar Gets a Taiwanese Sports Lottery License as a Part of Consortium

Vanja Mitic
Online gaming software, Taiwan, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Lottery, Licenses, Sports betting, Online Gambling News, Licensing
Taiwan Sports Lottery has chosen Sportradar as the official technology and services solution provider.  Many global providers applied to the tender, and in the end, the authorities made a decision to grant a...

Syndicate Member Pleads Guilty for Recording Cards in Singapore Casino To Win Over $430,000

Radosav Milutinovic
Casino Destinations, Latest Casino and Gambling News, Casino News, Deal Me In, Gaming Law & Legislation, Taiwan, Casino Cheating, World Casino News, Gaming Industry News, Online Gambling News, Asian Casino News, Malaysia, Crime, Singapore
Malaysian Tan Kian Yi, 35, pleaded guilty for the illegal gambling activity conducted in the premises of Marina Bay Sands (MBS) casino in Singapore. Accused of four charges under the Casino Control Act, Tan rep...

Singapore Police Seized $1.8 Billion in the Anti-Money Laundering Blitz

Radosav Milutinovic
Turkey, Casino Destinations, Cambodia, Latest Casino and Gambling News, China, World Casino News, Gaming Industry News, Cyprus, Money Laundering, Economy/Finance, Online Gambling News, Dominican Republic, Crime, Philippines, Singapore, Switzerland
The biggest anti-money laundering case in Singapore has resulted in the seizure of assets worth almost S$2.4 billion ($1.76 billion) following the simultaneous raid of 400 police officers in the city that broug...

Major Macau Casino Incurs $727k Loss Due to Counterfeit Chips

Radosav Milutinovic
Reviews from the Cotai Strip, Casino News, Latest Casino and Gambling News, Casino Destinations, Casino reviews from Macau, Casino Cheating, China, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Macau, Asian Casino News, Conspiracy, Crime, Financial Fraud
On August 21, 2023, one of the most prominent casinos on the Cotai Strip in Macau suffered a loss of HK$5.7 million (US$727,000) after a criminal group used fake chips to gamble in the casino. The group of eigh...
hackers

Southeast Asian Gambling Operations Allegedly Targeted by Chinese Hacker Groups

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, China, Unsavory reports, Technology, Hacking, Gaming Industry News, Mobile gaming, Online Gambling News, Asian Casino News, Crime
A serious threat to the Southeast Asia gambling market is coming from the neighborhood. SentinelOne, a renowned cybersecurity company based in the U.S., reported that various malware and hacking operations cond...

Grand Korea Leisure Records 60% Profit Decline in Q2 2023

Radosav Milutinovic
Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, Taiwan, China, World Casino News, Gaming Industry News, Economy/Finance, Japan, Online Gambling News, Asian Casino News, Financial Press Releases
South Korean casino operator, Grand Korea Leisure (GKL), has unveiled that its net income in the second quarter of 2023 amounted to KRW8.58 billion (US$6.5 million). As reported by Inside Asian Gaming (IAG), th...

World Poker Tour Intends To Hold Next Promotion On A Cruise Ship; Grows Influence In Asia

Marija Malenovic
Casino News, Taiwan, Latest Casino and Gambling News, Casino Cruise Ships, China, World Casino News, Poker Tournaments, Gaming Industry News, Poker, Conferences / Trade Shows, The Players Lounge, Asian Casino News, South Korea
Recently, the World Poker Tour (WPT) revealed that it will be hosting a "WPT Voyage 2024" promotion on a cruise ship, making stops around the Caribbean, according to an interview with Adam Pliska, president and...

MGM Osaka Casino Looking to Make $4 Billion in Revenues Upon the 2030 Launch

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Casino Destinations, Casino expansion projects, World Casino News, China, New Hotels, Casino project updates, Gaming Industry News, Japan, Licenses, Online Gambling News, Asian Casino News, Macau, Labor Relations, Singapore
As Asian Gaming Brief (AGB) reports, the analysts of financial service company Morningstar estimate that the $10 billion Osaka resort operated by casino giant MGM has the potential to outperform Las Vegas Sands...