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Casino
May 10, 2022
China: 42,000 Illegal Cross-Border Gambling Cases Between 2020-2022
In spite of continuing its intense efforts to clamp down on illegal gambling in the country while affiliating with other Asian countries to put an end to cross-border gaming, China still catches tens of thousands of individuals under the radar each year. At the end of March, the Chinese authorities announced they discovered an outlawed […]
Legal
May 10, 2022
Four Years in Jail for Man Gambling with Late Brother’s Money
A court case in Singapore initiated in 2019 for violation of the Intestate Succession Act resulted in a four-year jail presence for 62-year-old Tan Siong Choon, who had misused his late brother’s money for gambling and buying stocks, Singapore media Today reported. Gambling behind the Misappropriation of Funds Siong Choon was sentenced to 4 years […]
Casino
May 9, 2022
Junkets No Longer to Accept Macau Casino Deposits
“Accountability,” is the word that will best describe casino operators in Macau, the special administrative region bordering China, that is undergoing rapid reregulation of its gambling industry. The COVID-19 pandemic forced the region to look for alternative revenue sources, with most of its GDP depending on casino concessionaires. Casinos Will Handle Deposits on Their Own […]
Legal
May 9, 2022
Two Bodies at MGM Cotai Suggest a Double Murder at the Casino Resort
A double murder at a gambling venue in Macau has led to the deaths of two women. The police are on the lookout for the perpetrator. Two Women Were Found Dead The crime took place at the MGM Cotai resort and casino. The bodies were found in one of the rooms on the 9th floor. […]
Casino
May 6, 2022
Macau’s Court of First Instance Reveals Reason behind the LVS-AAEC Ruling
Macau’s Court of First Instance has sided with Las Vegas Sands in the battle against Asian American Entertainment Corporation and the main reason why the latter was defeated in court was the failed attempt to sign a formal agreement. AAEC wanted to claim $12.1 billion in compensation. The Legal Battle between LVS and AAEC Explained […]
Blockchain
May 5, 2022
APE Holdings Enters the Metaverse, Launches Asia Tigers Club
Asia Pioneer Entertainment Holdings (APE Holdings), a supplier of gaming equipment based in Macau, announced its entry into the metaverse with the launch of the group’s first non-fungible token (NFT). Determined as a Tiger Asia Tigers Club, an NFT collection of 8,800 Picture For Profile (PFPs) unique and fashioned images of tigers based on the […]
Casino
May 5, 2022
Macau Set to Gain Access to Confidential Junket Documents
Macau wishes to keep its future junket operators under close supervision, but not everyone agrees. In fact, members of the Second Standing Senate Committee of the Macau Legislative Assembly have voiced concerns that the text of the proposed Legal Framework for Operating Games of Chance in Casinos could be a tad too overreaching and introduces […]
Blockchain
May 5, 2022
Theo de Vries: “People Are Addicted to Cocaine and Crypto”
Gambling addiction is creeping on crypto traders in almost imperceptible ways and then it’s too late. The story of Dr Theo de Vries, the managing director of The Diamond Rehab, which focuses on drug and alcohol treatment, in Thailand is one that should resonate with people around the people. According to de Vries, people are […]
Casino
May 4, 2022
Macau Hits Sub-100K Visitors for Labor Day Holiday
Macau was hoping that the holiday period would help it pick up a little, but a last-minute flare-up of COVID-19 infection in neighboring China and Guangdong Province, in particular, has quickly dried up the flow of tourists across the border. Things are back to normal, but the damage has been done with China’s annual Labor […]
Casino
May 4, 2022
Macau Does Away with Junket Agents’ Residence Issue
Macau continues to work on the imminent changes to the gambling laws in the country with a meeting on Tuesday once again discussing the Legal Framework for Operating Games of Chance in Casinos bill. The discussions carried out by the Second Standing Committee of the Macau Legislative Assembly focused on discussing a number of pressing […]
