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Industry
March 29, 2024
MGM Resorts CEO Hornbuckle Met with President Xi Jinping
MGM Resorts chief executive officer and president Bill Hornbuckle was one of the US business leaders who met with China’s President Xi Jinping at Wednesday’s official meeting in Beijing. The meeting, which took place in the East Hall of the Great Hall of the People, was meant to sweeten the relations between the two global […]
Industry
March 18, 2024
Singapore: China’s Embassy Encourages Its Nationals to Avoid Gambling
Currently, China has strict laws when it comes to gambling. Besides official lotteries, activities such as iGaming, betting on sports and land-based casino gambling are prohibited. But considering the millions of Chinese people who want to gamble, illegal gambling is not uncommon in the country. While some people use the services of illegal gambling operators, […]
Poker
March 13, 2024
World Poker Tour Announces Historic Event in Macau
The World Poker Tour (WPT) prepares to make history with its inaugural event in the People’s Republic of China. In partnership with Allied Gaming & Entertainment (AGAE) and Wynn Macau, the prestigious WPT Macau festival will take place from 18 June to 24 June, marking a significant milestone for the global poker community. Macau’s central […]
Industry
March 12, 2024
Tourist from China Faces Charges for Alleged Staged Kidnapping
People affected by at-risk or problem gambling may engage in different illegal activities, including robberies or scams. However, it is not uncommon that gamblers may attempt to defraud others to gain access to more money. In an interesting case, a Chinese tourist attempted to fake his own kidnapping while allegedly seeking to recoup gambling losses. […]
Lottery
March 1, 2024
City in China Gives Away Free Lottery Tickets to Newlyweds
Amid a growing number of demographic challenges in China, including declining birth rates and an aging population, a new initiative seeks to encourage newly-wed couples while giving them a chance for good fortune. The first-of-its-kind initiative in the country was initiated in Xi’an, a city located in northwest China and involves granting free scratch-off lottery […]
Industry
January 30, 2024
China’s Skin Gambling Websites Outsmart Stringent Regulations
To circumvent stringent online gambling laws in China, a new breed of gambling websites has emerged, utilizing strategic disguises to evade regulatory scrutiny. The Rise of Skin Gambling in China’s Online Wagering Landscape These gambling platforms, collectively known as “skin gambling” websites, have found innovative ways to operate within the confines of the law while […]
Industry
January 29, 2024
Hong Kong Police Arrests 347 During Three-Day Operation
During a crackdown aimed at 252 illegal establishments and entertainment venues spread citywide across three days, Hong Kong authorities have completed 347 total arrests connected to triad-controlled sex, drug, and gambling businesses. Uncovered Illegal Businesses, Closed Down The hundreds of drug dens, gambling venues, and pubs that did not carry any licenses to function were […]
Industry
January 8, 2024
More than $42bn Wagered Online through Suncity, Claims Report
Suncity Group, once a leading casino junket, was responsible for some RMB300 billion ($42 billion) in wagers via online gambling activities, a report released by China Central Television (CCTV) reveals. Details emerged Monday with the report claiming that the junket operator benefitted from some RMB8.7 billion ($1.22 billion). Currently, online gambling activities are prohibited in […]
Business
January 2, 2024
Macau GGR Increase in 2023 to Boost Nongaming Investments
Casino operators across Macau wrapped up a successful 2023 with exceptional results achieved in December and overall good performance throughout the year when compared to 2022. The outstanding results will now push the enclave’s six casino operators, Melco, SJM, Wynn, MGM, Sands and Galaxy, to invest more money into nongaming amenities and projects. The reported […]
Legal
December 12, 2023
Australia’s ATO Slams Chinese Gambling Mogul with a $35M Bill
Tom Zhou, also known as Mr Chinatown, has been slammed with a huge tax bill in Australia. While currently serving a sentence in China, Zhou must be ready to pay millions in evaded taxes upon his release. As reported by The Herald Sun, Zhou’s Australian gambling empire has evaded millions of Australian dollars in taxes. […]
