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  • Beijing Names, Shames Ten for Overseas Trade Violations in Cross-Border Playing

Beijing Names, Shames Ten for Overseas Trade Violations in Cross-Border Playing

China’s foreign exchange regulator has fined ten mainland citizens almost US$900,000 for illegal currency trades made for the purposes of offshore gambling. In an announcement on its website, the State…

Macau Casinos Should Have Clocks on All Slots by 2024

What’s the one thing you will soon find all over Macau casinos that you won’t find in Las Vegas for love nor money? Nope, it’s not corrupt Communist party officials…

Melco Resorts Stays Dedicated to Japan Regardless of Yokohama Exit

Melco Resorts is closing its Yokohama office after the city’s newly minted mayor announced its withdrawal from being considered for an integrated resort (IR). But the casino firm says it…

Cambodia On line casino Shootout Uncovers Crypto Scams, Slave Labor, Intercourse Trafficking

Cambodian authorities arrested 15 people over the weekend following a raid on a casino in the southwest coastal city of Sihanoukville, during which shots were fired at police. Inside the…

Crown Resorts at Future Threat of Default, Auditor Warns on Going Concern

Auditor KPMG has said the various regulatory investigations swirling around embattled casino giant Crown Resorts, coupled with the pandemic effects, have created “material uncertainties” about whether the operator can continue…

Sands Main Markets Gained’t Return to Pre-Pandemic Ranges Till 2023-24, Says Fitch

Las Vegas Sands (NYSE:LVS) maintains an investment-grade credit rating from Fitch Ratings. But the research firm has a negative outlook on that grade, noting it will take time for the…

Macau On line casino Regulator Expands Employees Forward of 2022 Licensing Renewal

Macau casino operations are regulated by the Chinese enclave’s Gaming Inspection and Coordination Bureau (DICJ). The agency is amid a major staffing expansion to better regulate and oversee the world’s…

Wynn Macau Comfy Saying Permits to Be Renewed or Prolonged

Wynn Macau believes its licenses to operate its namesake integrated resort and Wynn Palace in the world’s largest casino center will be extended or renewed past June 26, 2022. That’s…

Philippines On line casino Confirmed for Boracay After President Lifts Island Gaming Ban

The odds of a casino coming to the Philippines’ popular vacation destination of Boracay improved dramatically after President Rodrigo Duterte recently lifted his moratorium on island gambling. Desperate for tax…

Galaxy Macau Enlargement Finances Stays Unchanged, Funding May High $6B

Galaxy Macau isn’t budging on its budget plans for the third and fourth expansion phases of its integrated resort complex on the Cotai Strip. Galaxy Entertainment, the Hong Kong-headquartered gaming…