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Industry
August 5, 2024
Hong Kong Police Crack Down on Triad Operations, Detain 119 People
More than 100 people, suspected of being involved in fraud, drug distribution, prostitution and illegal gambling were recently arrested by law enforcement in Hong Kong. The massive operation was conducted between July 21 and August 3 and resulted in the arrest of 119 suspects, South China Morning Post reports. The detainees were between the ages […]
Industry
July 31, 2024
TikTok Celebrity Arrested at Bangkok Airport over Online Gambling
A Thai TikTok celebrity was arrested at an airport recently and is reportedly facing charges related to illegal gambling. The case involves a 29-year-old woman named Chutima, who enjoyed significant popularity via TikTok under the nickname Soda. She was detained by law enforcement at Suvarnabhumi International Airport in Bangkok on Tuesday this week, as reported […]
Casino
July 30, 2024
North Korea Invites Investors to Finish Ryugyong Hotel for Casino License
North Korea offers a rare chance to invest in its tallest structure, the Ryugyong Hotel in Pyongyang. The government will give a casino operation license to any company that finishes the hotel’s long-delayed inside construction. From ‘Hotel of Doom’ to Casino Boom The Ryugyong Hotel, a 105-floor skyscraper, has been under construction since 1987. People […]
Industry
July 29, 2024
Gambling Den Operator’s Death Caused by Twisted Love Triangle
The death of Mr. Wong, a well-known gambling den operator in Hong Kong’s gambling community, took everyone by surprise last week, sending a wave of shock in the city. The victim, who was described by many as a savvy businessman who managed to make a name for himself in the industry, suffered a sudden and […]
Industry
July 26, 2024
POGOs Crackdown Forces 20,000 Workers Out of Philippines
Earlier this week, Ferdinand Marcos, the President of the Philippines, announced the blanket ban on all Philippine Offshore Gaming Operators (POGOs). The tough enforcement came amidst rising concerns about POGOs ties with unlawful activities. The announced tough enforcement complements the ongoing crackdown on Philippine-based illegal gambling operators targeting Chinese citizens. In fact, the recent ban […]
Business
July 25, 2024
LET to Axe Primorye Casino Resort Amid War-Related Sanctions
LET Group Holdings, a group that develops and operates integrated resorts across the Philippines, the Russian Federation and Vietnam, is set to hold a shareholder meeting to discuss the future of its Tigre de Cristal resort. The property, located in Russia’s Primorye gambling area, could be axed amid difficulties related to the West’s sanctions. For […]
Legal
July 25, 2024
China Intensifies Crackdown on Cross-Border Gaming
China has intensified the crackdown on cross-border gaming activities, with the Supreme People’s Court (SPC) citing Alvin Chau and Suncity Group as typical cases of such harmful activities. According to the SPC, this high-profile case underlined the substantial capital outflow from China and the grave social and economic consequences of mass cross-border gaming. Chau Refined […]
Industry
July 23, 2024
Philippine President Bans POGOs amidst Rising Concerns
In a decisive blow to the country’s nascent offshore gambling industry, Philippine President Ferdinand Marcos instituted a blanket ban on all Philippine Offshore Gaming Operators (POGOs) on Monday. The move cracks down on an online sector dominated by Chinese firms, plagued with unlicensed activities and links to organized crime. China Has Been Urging for a […]
Industry
July 18, 2024
CreditSights Predicts Fast Recovery for Macau GGR as Tourism Grows
Macau’s post-COVID recovery continues as the special administrative region continues to attract an increasing number of visitors. According to credit research specialist CreditSights, the money wagered per visitor has been experiencing a steady recovery, returning to approximately 93% of the pre-pandemic levels. According to CreditSights analyst David Bussey, the GGR spend per visitor for the […]
Legal
July 16, 2024
Philippine Police Hunt Mayor Accused of Espionage and Running Fake Casinos
Alice Guo, the Mayor of Bamban town in the Philippines, is now a fugitive, facing serious allegations of being a Chinese spy and running fake casinos. According to a recent BBC article, authorities have issued an arrest warrant for Guo. However, she has gone into hiding, evading law enforcement and bolstering suspicions regarding her involvement […]
