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Industry
November 29, 2022
Gaming-Linked Crime in Macau Continues to Drop
Macau has recorded 257 gaming-related crimes in the period through September 30, down 48.8% year-over-year. The number is far below the 502 crimes registered in the first nine months of 2021, and it comes as the Judiciary Police of Macau is amping up its efforts to suppress crime that originates from gambling operations. Macau Continues […]
Casino
November 29, 2022
Century Entertainment to Relaunch Table Games in December
Century Entertainment is hoping that it can begin to bounce back from what has been a difficult year. The Cambodian table games operator ended the six-month period on September 30 with HK5.84 million ($747,000) in debt under its belt, down 72% year-over-year. The results are attributed to the closure of casinos in Cambodia and the […]
Industry
November 29, 2022
LRSU Leader Re-Arrested as Strike at NagaWorld Continues
The labor union leader at the center of the ongoing strike at NagaWorld resort was re-arrested on Saturday, November 26, at Phnom Penh International Airport, raising further questions as to how the dispute between the casino and some of its workers is being approached by the courts. Violation of Travel Restrictions The head of the […]
Business
November 29, 2022
Wynn Macau Adjusting to Comply with New Gaming Laws
Considering this year’s changes that Macau made to its gaming laws concerning operators, Wynn Macau has had to make some adjustments in order to be compliant with the latest regulatory updates. Capital Restructuring at Wynn Macau The Wynn Resorts Macau (WRM) unit was subjected to a capital restructuring that answered the need for an increase […]
Legal
November 28, 2022
Sri Lanka Lawmakers Discuss Creating a Gambling Regulator
Lawmakers in Sri Lanka are still considering the creation of a regulator that will be in charge of the licensing for gambling activities. Following debate over the weekend, the country came a step closer to regulating the activity and acknowledged the need for a gambling-specific regulatory body. Sri Lanka Lawmakers Consider the Creation of Gambling […]
Industry
November 28, 2022
Macau Awards Six Casino Licenses for the Next 10 Years
The long-anticipated news on the Macau gambling front is here – the Macau SAR Government has awarded the casino licenses for the next 10-year period and 6 concessionaires will be conducting gambling operations in the Chinese special administrative region. The Same Six Concessionaires Get Casino Licenses for the Next 10 Years The Macau SAR Government […]
Legal
November 25, 2022
Malaysia Police Arrests Illegal Betting Suspects
The FIFA World Cup is the most popular and beloved event in professional soccer. As such it always attracts fans and bettors from all over the world. Unfortunately, some of these punters are not all that willing to follow the rules. The police in Malaysia, for example, just busted an alleged illegal gambling scheme. 10 […]
Casino
November 25, 2022
Emperor Entertainment Suffers Interim Losses Due to Macau Casino Closure
According to the interim results published by Emperor Entertainment Hotel Limited, the company suffered a major fall in revenue for the six months ending on September 30, 2022, when compared to the same period in 2021. Cessation of Macau Gambling Business Impacts Total Revenue Hong Kong-listed Emperor Entertainment Hotel Limited reported HKD 108.6 million ($13.9 […]
Casino
November 24, 2022
Macau May Require Concession Candidates to Invest More
The government in the special administrative region of Macau is reportedly asking concession applicants to increase their investment. The region’s gambling industry has been struggling for a while, which may be why Macau is demanding a more substantial guarantee from to-be concessionaires. Macau Reportedly Asked Companies to Invest More TDM Portuguese Radio first reported that […]
Casino
November 24, 2022
New Taiwanese Party Fights Stigma Around Game of Mahjong
A newly-founded Taiwanese party has lifted up a peculiar platform – the founders want to clear the somewhat shady reputation of the 19th-century Chinese game mahjong and “make the game great again”. New Taiwanese Party Wants to Promote Mahjong AFP reported that Taiwanese mahjong parlor owner Kuo His has started a political party called Mahjong […]
