China

Mainland China and Macau Crack Down on $421 Million Illegal Currency Exchange Operations

Chinese authorities, in collaboration with Macau’s enforcement agencies, have successfully dismantled major illegal currency exchange operations that had been operating in and around Macau casinos. The coordina...

China Enforces Strict Penalties for Cross-Border Online Gambling

In a determined effort to curb the growing menace of cross-border online gambling, the Supreme People's Court of China has issued a directive to courts across the nation, mandating the continuation of stringent...

Chinese Police Intensify Crackdown on Euro 2024 Illegal Gambling Rings

As football enthusiasts around the globe immerse themselves in the UEFA European Championship (Euro 2024), Chinese authorities have been actively disrupting a surge of illegal online gambling activities associa...

Police Crackdown on US$134 Million Illegal Bookmaking Syndicate in Guangdong, Hong Kong, and Macau

In a significant breakthrough, police forces from Guangdong, Hong Kong, and Macau have successfully dismantled an illegal bookmaking syndicate, leading to the arrest of 93 suspects. The Macau Judiciary Police r...

AG2 Expands Global Footprint with Seven New Licenses and International Offices

Aruze Gaming Global (AG2), a casino equipment manufacturer based in Las Vegas, Nevada, has announced significant strides in its expansion across North America and Asia, having successfully met the stringent req...

Unveiling the Underworld: China’s Strict Anti-Gambling Laws Propel Crime into Southeast Asia

According to a comprehensive report from the United States Institute of Peace (USIP), China's stringent laws against gambling, both offline and online, have inadvertently driven organized crime groups into Sout...

Termination Notice Halts Acquisition of the Tigre de Cristal Casino in Vladivostok

The announced ownership transformation of the Tigre de Cristal integrated resort near Vladivostok in Russia has come to a halt. As reported, the Russian company Dalnevostochnyj Aktiv LLC has withdrawn from the ...

Record-Breaking Daily Visits To Macau Exceed 200,000 to Improve Casino Stocks by up to 10%

Macau gambling industry experiences a rapid growth these days thanks to the Lunar New Year celebrations bringing in an increased number of tourists from Mainland China and Hong Kong. The city officials have rep...

Macau To Host Minimum 960,000 Visitors for Lunar New Year, MGTO Says

A minimum of 960.000 individuals are projected to pay a visit to Macau throughout the duration of Lunar New Year, which will last 8 days, with an average number of visitors of 120.000 daily, according to Maria ...

Tigre de Cristal Casino Resort’s Operator Considered for a $116 Million Sale

Oriental Regent Ltd, a vertical of the Hong Kong-listed Summit Ascent Holdings Ltd, is to sell its gaming and hotel operations in Russia. As reported, Oriental sells its wholly-owned subsidiary G1 Entertainment...

Macau Casino Industry Strong In December Despite China’s Weakened Consumer Spending

Casino industry in Macau ignored weakened consumer spending in China during December, because it saw a 433% increase in gaming income, and a return of the yearly take to 62.6% from pre-COVID levels. Gross ga...

Macau Reaches 121,000 Daily Average in Tourist Arrivals During Christmas Holidays

As expected by the Macau gaming and travel stakeholders, the Christmas season has brought a strong visitor activity to the region. GGRAsia reports that city officials recorded more than 362,600 visitors from De...