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Macau Tightens Casino Regulations with New Criminal Penalties

August 9, 2024

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Macau, Asian Casino News

In a significant move to combat gambling crimes, the Macau government is set to criminalize unlicensed money exchange activities within casino premises, escalating the crackdown on informal financial practices ...

Macau’s May Casino Revenue Hits US$2.5 Billion, Highest Since January 2020

Johnny K.

June 3, 2024

Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

Macau's casino industry experienced a significant surge in May, with gross gaming revenue (GGR) reaching nearly MOP20.19 billion (US$2.51 billion). This figure marks an 8.9 percent increase from April’s GGR of ...

Gambling Industry Wage Hikes in Macau Lead to Employment Drop

admin2

May 24, 2024

Cryptocurrency, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, Bitcoin accepting properties, Macau, Online Gambling News, Asian Casino News

Macau is known as a thriving gambling hub located along China’s Southern coast. The region is home to over 50 physical casinos, with 33 in Macau, 13 in Cotai, and another 5 in Taipa. The casinos in the area bri...

Macao Polytechnic University Study Highlights Challenges for Macau Casino Staff in Tackling Problem Gambling

Johnny K.

May 20, 2024

Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Macau, Asian Casino News

A recent academic study has shed light on the difficulties faced by frontline casino employees in Macau when attempting to address problematic gambling behaviors despite their strong understanding of responsibl...

Major Macau Casino Incurs $727k Loss Due to Counterfeit Chips

Radosav Milutinovic

August 24, 2023

Casino News, Latest Casino and Gambling News, Casino Destinations, Reviews from the Cotai Strip, China, World Casino News, Casino reviews from Macau, Casino Cheating, Gaming Industry News, Economy/Finance, Asian Casino News, Online Gambling News, Macau, Conspiracy, Crime, Financial Fraud

On August 21, 2023, one of the most prominent casinos on the Cotai Strip in Macau suffered a loss of HK$5.7 million (US$727,000) after a criminal group used fake chips to gamble in the casino. The group of eigh...

SJM Chairman calls for Macau government to boost tourism

Alex Lanter

December 7, 2015

Latest Casino and Gambling News, World Casino News, Macau, Asian Casino News

Ambrose So Shu Fai, SJM Holdings Chairman, said that Macau’s government has to come up with measures that would boost tourism in the gambling hub in order to help the struggling gaming industry in the city. ...

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Macau Tightens Casino Regulations with New Criminal Penalties

Macau’s May Casino Revenue Hits US$2.5 Billion, Highest Since January 2020

Gambling Industry Wage Hikes in Macau Lead to Employment Drop

Macao Polytechnic University Study Highlights Challenges for Macau Casino Staff in Tackling Problem Gambling

Major Macau Casino Incurs $727k Loss Due to Counterfeit Chips

SJM Chairman calls for Macau government to boost tourism

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