Hong Kong

October 31, 2025 0

Macau’s Judiciary Police have dismantled a cross-border syndicate accused of defrauding two major casinos out of nearly HK$19 million (US$2.4 million) in...

Hong Kong Stock Exchange Finds Andrew Lo Unfit After Tigre de Cristal Sale Controversy

Casino Sales

September 16, 2025 0

The Hong Kong Stock Exchange (HKEX) has officially ruled that Andrew Lo Kai Bong, the chairman and majority shareholder of LET Group Holdings and Summit Ascent...

Hong Kong Legalizes Basketball Betting in Effort to Combat Illegal Gambling

September 11, 2025 0

Hong Kong’s legislature has officially passed a bill legalizing basketball betting, marking a significant step in regulating the city’s gambling sector. With...

LET Group and Summit Ascent to Exit Hong Kong Exchange September 1

August 19, 2025 0

Casino-linked investment company LET Group Holdings Ltd and its subsidiary Summit Ascent Holdings Ltd will be removed from the Hong Kong Stock Exchange at the start...

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

June 7, 2025 0

Hong Kong is preparing to introduce legalized basketball betting, backed by overwhelming public support and a proposed 50 per cent...

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

February 24, 2025 0

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...

Sands China Declares First Dividend Since 2019

February 24, 2025 0

Sands China Ltd has officially reinstated dividend payments for the first time in five years, announcing a final dividend of...

Macau Hits Record Post-Pandemic Tourist Arrivals During Chinese New Year

Taiwan

February 3, 2025 0

Macau experienced a surge in visitor numbers during the Chinese New Year (CNY) period, with January 31, the third day...

Macau’s Ponte 16 Advances Floating Casino Project With New Land Agreement

November 6, 2024 0

Macau’s Ponte 16 resort has secured government approval to expand its facilities with a significant addition: a floating casino named...

Hong Kong SFC Sues LET Group Chairman Andrew Lo for Alleged Misconduct

October 2, 2024 0

The Securities and Futures Commission (SFC) of Hong Kong has initiated legal proceedings against Andrew Lo, the Chairman and controlling...

Increase in Football Betting Duty Sees Decline in Income for Hong Kong Jockey Club

September 6, 2024 0

The Hong Kong Jockey Club (HKJC) has reported a notable drop in income for the fiscal year ending 30 June 2024, totaling HK$14.8...

Chinese Police Intensify Crackdown on Euro 2024 Illegal Gambling Rings

July 5, 2024 0

As football enthusiasts around the globe immerse themselves in the UEFA European Championship (Euro 2024), Chinese authorities have been actively...

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

July 1, 2024 0

In a significant breakthrough, police forces from Guangdong, Hong Kong, and Macau have successfully dismantled an illegal bookmaking syndicate, leading...

Beijing Expands Duty-Free Shopping Limit for Mainland Chinese Tourists in Hong Kong