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Industry
October 11, 2023
China to Help the Philippines Crack Down on Illegal Offshore Gambling
China has confirmed its readiness to help the Philippines solve its illegal offshore gambling problem. This was announced by the former country’s embassy in Manila earlier today. For reference, the Philippines continues to be targeted by illegal gambling operations operated by Chinese nationals, among others. Having cemented itself as a leading destination for gambling tourism, […]
Casino
October 6, 2023
S&P Global Says Australian Operators Shouldn’t Count on Chinese Tourists for Revenue
Australia’s casino gaming market has long depended on rich Chinese tourists for some extra income. With gambling prohibited in most of China, Australia has long been a preferred destination for gambling tourism. However, China’s recent hurdles with COVID forced this revenue stream to shut down for a while. While the zero-COVID policy is no more […]
Industry
October 2, 2023
Macau Reports Impressive Gaming Revenue Increase for September
The gambling province of Macau has reported an extraordinary surge in gaming revenue for September 2023, showcasing its resilience and rapid recovery. Although the MOP 14.9 billion ($1.85 billion) falls below August’s results, this remarkable recovery indicates a positive trend amidst the challenges of the COVID-19 pandemic and changing government policies. Most Metrics Recorded Substantial […]
Industry
September 28, 2023
New Coalition to Fight Illegal Gambling and Scams in Southeast Asia
The Association of Southeast Asian Nations (ASEAN), an international organization consisting of 10 states in Southeast Asia, received the support of China for a new initiative that seeks to address transnational organized crime groups involved in illegal gambling and scams. The initiative, organized in collaboration with the United Nations Office on Drugs and Crime (UNODC), […]
Industry
September 22, 2023
Bilibili Investors Ask Pomerantz to Investigate Securities Fraud
The premier firm specializing in securities, corporate and antitrust litigation, Pomerantz LLP, announced it is investigating claims on behalf of investors of the online entertainment services provider in China, Bilibili Inc. Details regarding the new probe emerged Thursday, September 21, 2023. The investigation by Pomerantz will seek to determine if some Bilibili directors or officers […]
Industry
September 1, 2023
Macau Posts Strong August Results but Is Yet to Surpass the Pre-Pandemic Levels
Macau’s gaming market continues to show clear signs of recovery as the region’s industry posted a spectacular year-on-year growth of 686%. With China’s zero-COVID policy finally a thing of the past, the restrictions that weighed down on the industry have finally been lifted. In August alone, Macau’s gaming industry reached a respectable $2.13 billion (converted […]
Industry
August 25, 2023
Chinese Content Platforms Reportedly Exclude Live Streaming Features
The government in China has been cracking down on gambling for several years now. In light of the country’s strict laws on gambling activities, law enforcement and other agencies constantly monitor different activities and investigate cases of illegal gambling or other gambling-related crimes. Amid the crackdown on gambling, online content platforms have reportedly taken action […]
Industry
August 11, 2023
China Blocks $227M Payments Designated for Gambling in 2022
The country’s Payment and Clearing Association has confirmed that it had been able to block as much as $277 million worth of payments designated to illegal gambling platforms last year. The statement was part of an annual report on payments published on Thursday, but there was little actual detail as to what activities may have […]
Legal
July 3, 2023
China Shuts another Gambling Ring, Arrests 93 People
China, which prohibits gambling outside of certain regions, has cracked down on yet another illegal gambling operation. Following enforcement action carried out this weekend, the police arrested 93 people and seized around $125 million (figure has been converted to USD). As a result of the raid, the illegal iGaming platform is no longer available. Investigators […]
Legal
June 29, 2023
She Zhijiang Determined to Resist His Pending Extradition to China
Chinese authorities allege that Zhijiang played a central role in organizing and facilitating illicit gambling activities, which have long caused concern due to their association with criminal networks and potential societal harm. As a result of the evidence presented against the businessman, China has canceled his visa, enabling his deportation. However, She is prepared to […]
