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Casino
June 15, 2020
New Beijing COVID-19 Cases Unlikely to Disrupt Recovery
According to Hoffman Ma Ho Man the newly-reported cases of COVID-19 will not disrupt the overall recovery and lifting of border restrictions. Still, lifting those restrictions cannot be predicted with accuracy, Ma cautions. COVID-19 Cases in Beijing Not Very likely to Disrupt Overall Recovery GGRAsia, the leading casino business journal covering Asia’s gambling industry, has […]
Legal
June 14, 2020
China’s Central Bank Calls for Stemming Cross-Border Gambling Flows
The central bank of China made an announcement Thursday regarding talks held with other Chinese government departments concerning measures for combatting cross-border flow of funds for gambling purposes, GGRAsia news outlet reports. The announcement raised fears the discussed reinforced efforts, among which new anti-money laundering (AML) measures, would be directly affecting Macau gambling, concerns even […]
Legal
June 6, 2020
China Continues to Fight Against Gambling, $183M Illegal Ring Busted
China might have cracked on the biggest illegal organized gambling ring so far, halting operations to the extent of $183 million, some part of which directed towards high-stakes play in Macau, a recent report by the Asian newsletter GGRAsia suggests. Police in mainland China’s Nantong city in Jiangsu province announced 18 people, led by a […]
Business
March 2, 2020
H2: Global Gambling Market Braces For Coronavirus Negative Impact
The global outbreak of the novel coronavirus /Covid-19/ is expected to bring the gambling revenue to 2018 levels in the optimistic, or worse, to 2017 levels in the pessimistic scenario, H2 Gambling Capital, the gambling industry data specialist company suggests. Global Decline Forecast A decline of up to 8% in gross global gambling revenue in […]
Legal
February 24, 2020
China Government Cancels Passports Of Its Citizens Involved In Illegal Gambling
Passports of Chinese citizens working for online gambling companies in the Philippines have been cancelled by the Chinese government in its latest attempt to clamp down on illegal gambling that affects the country. Chinese Officials Step Up After the news that China has acquired a list of Chinese nationals that work for online gaming operators […]
Casino
February 20, 2020
Gamblers Missing in Action as Macau Casinos Reopen
A little over a fortnight ago, casino in the Chinese territory of Macau closed shop in a bid to give room and time for efforts to combat the recent Covid-19 coronavirus outbreak. The 15-day mandatory shutdown period finally came to an end and some 29 gambling facilities moved to quietly reopen their doors. Unsurprisingly, not […]
Casino
January 16, 2020
China Ministry of Public Security Targets Illegal Gambling
The Chinese government continues to actively hunt down illegal gambling operators and black-market rings. A new set of measures coordinated by the Minister of Public Security is coming into effect, bringing multiple departments together. China Reveals New Measures to Stop Illegal Gambling China is going to step its efforts on fighting illegal gambling activities both […]