Hong Kong

Hong Kong Eyes Legal Basketball Betting with 50% Tax on Net Profits

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, Gaming Industry News, Hong Kong, Sports betting, Online Gambling News, Asian Casino News
Hong Kong is preparing to introduce legalized basketball betting, backed by overwhelming public support and a proposed 50 per cent tax on the operators’ net earnings. The initiative, currently under legislative...

Hong Kong to Consider Legalization of Basketball Betting to Address Fiscal Deficit

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Hong Kong, Mobile gaming, Sports betting, Online Gambling News
In an effort to mitigate its nearly HK$100 billion (US$12.9 billion) fiscal deficit, Hong Kong's finance chief is reportedly considering the legalization of basketball betting, a move anticipated to significant...

Chinese Police Intensify Crackdown on Euro 2024 Illegal Gambling Rings

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, China, World Casino News, Gaming Industry News, Hong Kong, Mobile gaming, Unlicensed Operation, Sports betting, Online Gambling News, Asian Casino News, Crime
As football enthusiasts around the globe immerse themselves in the UEFA European Championship (Euro 2024), Chinese authorities have been actively disrupting a surge of illegal online gambling activities associa...

Police Crackdown on US$134 Million Illegal Bookmaking Syndicate in Guangdong, Hong Kong, and Macau

Johnny K.
Latest Casino and Gambling News, World Casino News, China, Hong Kong, Money Laundering, Illegal Bookmaking, Asian Casino News, Macau, Sports betting, Online Gambling News, Crime
In a significant breakthrough, police forces from Guangdong, Hong Kong, and Macau have successfully dismantled an illegal bookmaking syndicate, leading to the arrest of 93 suspects. The Macau Judiciary Police r...

XSGames Looking to Expand in Europe through Acquisition of Palasino Holdings’ Shares

Radosav Milutinovic
Austria, Gaming Law & Legislation, U.S.A., Taiwan, Australia, Latest Casino and Gambling News, Casino News, World Casino News, China, Hong Kong, Gaming Industry News, Technology, Economy/Finance, Mobile gaming, European Casino News, Czech Republic, Licenses, Online Gambling News, Asian Casino News, Germany, Mergers, Acquisitions & Partnerships, Malta
Following the 2022 US market entry, the Taiwanese gaming and investment company XSGames is working to expand its slot machine developments to European market. As reported, the online gaming content and slot mac...

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

Radosav Milutinovic
Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, Taiwan, World Casino News, Casino project updates, Hong Kong, Gaming Industry News, 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...

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

Radosav Milutinovic
Casino Sales, Taiwan, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Hong Kong, Gaming Industry News, 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...