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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. […]
Industry
December 12, 2023
New Macau Bill Seeks to Ban iGaming and Outlaw Parallel Betting
Macau continues to crack down on illegal gambling and is planning to introduce a new ban on online gambling amid rising gambling-related crime rates. While online gambling has never been legal in the country, the current laws were introduced a long time ago and are already fairly outdated. Under a proposed new legislative bill, introduced […]
Lottery
December 6, 2023
Chinese Man Buys Thousands of Lottery Tickets, Wins $30M
Against all reason, a Chinese man put all of his eggs in the same basket, buying over 50,000 lottery tickets and entering the same numbers on all of them. Fortunately for him, his combination turned out to be a winning one, netting him millions of dollars. The player, who preferred to remain anonymous, is a […]
Business
December 6, 2023
Las Vegas Sands Corp Increases Stake in Sands China Ltd Amidst Market Downturn
Las Vegas Sands Corp (LVS) is strategically adjusting its position to boost its holdings in its Macau subsidiary, Sands China Ltd. A Hong Kong Stock Exchange filing revealed that the company’s controlling shareholder, LVS, intends to engage in a share purchase transaction with an undisclosed financial institution. Sands China hopes for enduring success in the […]
Industry
December 4, 2023
Police in Hong Kong Shuts Gambling Dens, Arrests 130 People
Despite the efforts of law enforcement, illegal gambling activities are common across China. Last month alone, law enforcement in Hong Kong busted multiple brothels and gambling dens in operations that resulted in the arrest of more than 300 people allegedly involved in those activities. The combined efforts of Hong Kong police authorities against triad operations […]
