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Cambodia: 496 arrested for illegal gambling in first two months of 2024

Authorities carried out 300 raids between January 1 and March 3. Cambodia.- Touch Sokhak, the deputy spokesman of the Ministry of Interior, has revealed that 496 people were arrested in operations at 300 illicit gambling sites in the first two months of the year. According to Sokhak, law enforcement authorities took legal action against 69…
Incidents
Cambodia: 496 arrested for illegal gambling in first two months of 2024
AGB - Asia Gaming Brief

Macau mass table gaming almost fully recuperated to pre-pandemic results, slots still lagging

Under the new gaming concessions granted since January 1st, 2024, the number of tables and slots in Macau was reduced to 6000 and 12000, a 13 and 6 percent reduction from the last count before the changes, respectively. MGM was the only one of the six concessionaires to receive an increase in table allocation, with the other five concessionaires,…
Industry
Super Slots
Yogonet

Macau forecasts robust casino business growth, projects $27 billion revenue in 2024

Macau's Secretary for Economy and Finance, Lei Wai Nong, has conveyed an optimistic outlook for the gaming sector, expressing confidence in achieving the target of MOP216 billion ($26.8 billion) in gaming revenue for fiscal year 20242024. Addressing lawmakers' concerns post his presentation of the 2024 action plan, Lei noted that the government's…
Industry
Lincoln Journal Star

Decade-old partnership brought casino gambling and horse racing together in Nebraska

The unique partnership that has brought casino gambling to Lincoln and promises to deliver a transformative entertainment complex to the city didn't come together as a sure bet. Leaders from Ho-Chunk, the economic development arm of the Winnebago Tribe of Nebraska, and the Nebraska Horsemen's Benevolent and Protective Association first shared a…
Industry
Wild Casino

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Gambling News

Macau Casino Revenue in January up 82.5%, Recovery on the Cards

Shares of Macau casino operators posted gains of between 3% and 5% after official data released by the Special Administrative Region (SAR) of China's government revealed that gambling revenue in January nearly doubled. Macau casinos generated MOP11.58 billion ($1.44 billion) in gross revenue in the first month of 2023 to post an increase of 82.5%…
Finance
Macau Casino Revenue in January up 82.5%, Recovery on the Cards
Gambling News

Macau Police Busts Illegal Gambling Scheme and Arrests 15 People

The Macau Daily Times reported that the arrested Macau residents of ages 29 to 66 years old were allegedly part of an illegal online gambling business operated on overseas servers. At a press conference that took place on January 12, the Macau Judiciary Police announced that it had acted together with the Guangdong Province police and together the…
Incidents
Macau Police Busts Illegal Gambling Scheme and Arrests 15 People
FTN News

5 Casino Hotels for 2023 Travel Plans

Whether you are a casino tourist who travels to a location specifically to visit one or more casinos or just a leisure traveler who likes taking advantage of the entertainment and dining options offered by the casino, we bring five hotels to your attention for your 2023 travel plan. We select 5 hotels from 5 different locations. Las Vegas is a…
Travel
5 Casino Hotels for 2023 Travel Plans
iGaming Business

Changing money could key Macau casino recovery

Gloom has eased in Macau with the end of China's'zero-Covid' policy, but there's a still a long road to recovery as mainland authorities oppose gambling and attempt to stem outward capital flow. One simple change could ease Beijing's concerns about funds illicitly exiting via Macau while making it simpler and cheaper for mainland Chinese tourists…
Finance
Changing money could key Macau casino recovery
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Review Journal

Three Las Vegas companies receive Macau licensing extensions

Las Vegas Sands Corp. will tear a page out of the Las Vegas playbook when it invests $3.5 billion over the next decade in launching restaurants and nongaming tourist attractions to attract international visitors there, the company announced Monday. It plans to develop several new restaurants and introduce international culinary concepts to support…
Industry
Three Las Vegas companies receive Macau licensing extensions
Yogonet

Melco unveils details of recently obtained Macau license, 10-year investment plan

Melco Resorts & Entertainment hasannounced details of the ten-year concession it has been awarded to operate casino gaming in Macau. The new concession, signed Friday, runs for a period from December 31 until January 1, 2023. Under the new concession, the company is authorized to operate the Altira Casino, City of Dreams, and Studio City as well as…
Land-based
Melco unveils details of recently obtained Macau license, 10-year investment plan
Market Screener

Towards New Horizons: Galaxy Casino, S.A. Awarded New Concession for Operation of Casino Games of Fortune

Towards New Horizons: Galaxy Casino, S.A. Awarded New Concession for Operation of Casino Games of Fortune Macau, Special Administrative Region of the People's Republic of China, (December 17, 2022) - Galaxy Entertainment Group (GEG) is pleased to announce that Galaxy Casino, S.A., a member of GEG, has been awarded a concession for operation of…
Travel
Review Journal

Las Vegas Sands, Wynn Resorts, MGM Resorts named Macao’s gaming concession winners

Three Las Vegas-based companies got a welcome boost Saturday when the Macao government announced they had been granted provisional approval to continue operating casinos in the Chinese enclave for the next 10 years. Macao's special administrative region government announced Saturday that MGM Resorts, Las Vegas Sands, Wynn Resorts along with three…
Travel
Las Vegas Sands, Wynn Resorts, MGM Resorts named Macao’s gaming concession winners
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Asgam

Bidding for Macau’s new casino concessions starts today, open until September 14

The Chief Executive's Order No. 136/2022, published in Thursday's Gazette, announces the new round of public bidding for casino concessions, and that bids may be submitted from 29 July to 14 September. A maximum of six concessions will be granted, each for a maximum period of 10 years. The gazette states, "The public auction will be conducted…
Adventure
Bidding for Macau’s new casino concessions starts today, open until September 14
Khmer Times

Still at it: More foreigners detained in S’ville over online gambling

Amid the claim that job scam operations in Preah Sihanouk province's Sihanoukville are on the wane, some 233 foreigners, 35 of whom were women, were rounded up in operations against illegal online gambling in the city between November 30 and Friday. Preah Sihanouk provincial police chief Major General Chuon Narin said several illegal Vietnamese…
Incidents
Casino Guru

Macau concessionaires receive casino license extension

After a fraught year for concessionaires in Macau, the government of the Special Administrative Region has finally reached a conclusion as to who should receive a license moving forward. All incumbents have been granted a license extension, the Associated Press reported, however much has changed. For one, Macau has given these licenses on the…
Travel
Macau concessionaires receive casino license extension
CoinGeek

Macau advances digital currency acceptance, but will casinos accept?

Macau is pressing ahead with plans to recognize digital currency as legal tender, offering the possibility that China's digital yuan might one day be accepted in the world's largest gambling hub. Last week, Macau's Executive Council (ExCo) reviewed the latest draft of its Legal Regime for the Creation and Issuance of Money, which addresses what is…
Crypto
Macau advances digital currency acceptance, but will casinos accept?
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Asgam

Macau government officially accepts Genting Malaysia bid for casino concession: report

A bid by Genting Malaysia subsidiary GMM S.A. for one of the six Macau gaming concessions being offered under the government's public tender has been "definitively accepted", according to a report from TDM-Rádio Macau. All seven bidding companies, including GMM and all six current casino concessionaires, submitted their bids on 14 September,…
Travel
Macau government officially accepts Genting Malaysia bid for casino concession: report
Gambling News

Cambodian Authorities to Continue with Gambling Crackdown

Cambodia authorities are adamant that the crackdown on illegal gambling should continue, confirmed Minister of Interior Sar Kheng, who also warning law enforcement officers to avoid getting involved with these crimes. Kheng addressed the issue of online gambling alongside drug offenses while speaking at the inauguration of a new school building in…
Incidents
The Phnom Penh Post

‘90 per cent’ of gambling closed down, says official

Police arrest gamblers in the capital's Toul Kork district last month. POLICE More than 90 per cent of illegal business owners have ceased their activities after police launched an eight-day nationwide crackdown. Officers are continuing to suppress operations and have stepped up efforts to educate the public about the dangers of gambling. Sok Phal,…
Sports
‘90 per cent’ of gambling closed down, says official
Vegas Slots Online

Genting Has “Strong Chance” for Macau Casino License

Global gambling operator Genting Group was a surprise entry into the bidding war for a Macau casino license two weeks ago. Now, recent reports from Asia-facing analysts and executives suggest the firm has a strong chance of wresting a license from one of Macau's big six operators. encouraged to come in" According to a Reuters report on Thursday,…
Travel
Genting Has “Strong Chance” for Macau Casino License
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Vegas Slots Online

Macau Casino Shares Soar as China Tour Groups to Return

On the back of news Macau will welcome back tour groups from mainland China in November, shares in the Special Administrative Region's casinos have soared, including Sands China. [Image: Shutterstock.com] Sands China's shares have risen 13% after Macau CEO Ho Iat Seng announced mainland China tour groups can return to the gambling hub in November.…
Covid
Macau Casino Shares Soar as China Tour Groups to Return
AMBCrypto

Candy Club launches the world's first social crypto casino club

14000 projects exist on CoinMarketCap, and regardless of their existence as a layer 1 or 2, a DeFi, NFT, or metaverse protocol, the macro and micro headwinds facing all blockchain projects in this bear market are brutal. How well prepared are crypto projects to survive this bear market? According to Invest In Blockchain industry study, only 36 of…
Crypto
Candy Club launches the world's first social crypto casino club
Gambling News

Cambodian Prime Minister Launches New Volley Against Illegal Gambling

After rumors surfaced that Cambodia would crack down on illegal casinos and the other criminal activity surrounding it, an order finally came on Saturday signed by the country's prime minister, Hun Sen. The order essentially tells authorities and police to look into any officials that may have been complicit or failed to act in the face of…
Law
Khmer Times

Authorities tighten noose around illegal gambling

Crackdown on illegal gambling should begin at the local level, according to the Cambodian Gambling Regulatory Committee (CEC). In Cambodia, gambling is allowed only for foreigners, and at licensed casinos. Ros Phearun, secretary general of Cambodian Gambling Management Committee of the Ministry of Economy and Finance, told local authorities that…
Law
Authorities tighten noose around illegal gambling
EJINSIGHT

Who wants to bid for Macao casino licences? EJINSIGHT

The Macao SAR government has set a deadline of September 14 for gambling operators to submit bids for new licences, due to begin at the start of 2023. The licences of the six current operators, three U.S.-owned, will expire at the end of December. The Covid pandemic and the resultant restrictions on travel have caused the worst three years in the…
Covid
Who wants to bid for Macao casino licences? EJINSIGHT
Gambling News

New Research Establishes the Profile of Problem Gamblers in Macau

Macau continues with attempts to better understand problem gambling and how to prevent social ills when one of the Special Administrative Regions' main economic outputs has to do with the industry. A new study on the prevalence of gambling now posits a theoretical profile of who problem gamblers are and what motives them. The ambitious paper, which…
Gambling Addiction
New Research Establishes the Profile of Problem Gamblers in Macau
Macau Business

Middle-aged, single, Buddhist males more likely to be problem gamblers

Gender, financial and family status, and Buddhist affiliation have a role when it comes to the likelihood of one being a problem gambler in Macau, a recent research carried out by Macau Polytechnic University (MPU) scholars found. In the study titled "Profiling of Gamblers and Problem Gamblers Among Casino Patrons in Macau SAR", scholars To Wai…
Gambling Addiction
Middle-aged, single, Buddhist males more likely to be problem gamblers
Casino City Times

COVID devastates Macau casinos

You know you are in deep trouble when one of the leading newsletters in your industry discusses the "silver lining" in being shut down: "Macau Casino Closures Provide Some Relief from Cash Burn." Asia Gaming Brief Macau casinos have so few gamblers, in fact, so little revenue of any kind, that the government finally ordering them completely closed…
Covid
Casino Guru

Macau to extend shutdown of casinos amid COVID-19 outbreak

Macau is in the midst of its worse COVID-19 outbreak. After the special administrative region's government announced plans on July 11 to keep casinos closed through mid-July, a new decree by the government will now extend the shutdown period through Friday, July 22. The extension reflects the seriousness of the situation, with the infection…
Covid
Macau to extend shutdown of casinos amid COVID-19 outbreak
NZ Herald

Macau casinos close as Covid and licensing review add to tourism woes

The Las Vegas of Asia has been dealt a tough hand this week. The Chinese SAR Macau was forced to close all casinos for the first time since the outbreak of the pandemic and there are growing pressures on premises to diversify away from gaming. 19000 people have been put under quarantine in the city state with the Macanese Government Information…
Covid
Macau casinos close as Covid and licensing review add to tourism woes
Casino Guru

Macau casinos go on lockdown

Macau's casinos will have to discontinue operations as they did this morning when no property in the special administrative region opened doors for business. This is the result of a Saturday decision issued by the Macau government which ordered concessionaires to keep their gaming properties shuttered at least until July 18 as the region is faced…
Covid
Macau casinos go on lockdown
Casino Guru

Macau's gambling laws finally formalized

It has been a fraught period for casino concessionaires in Macau. The Special Administrative Region (SAR) surely did not make it very easy when it comes to whether everyone actually understands what is happening on the legislative side. First, it was said that junkets would go, and then - satellite casinos. But then, after a closer look at the…
Law
Macau's gambling laws finally formalized
Macau Business

Hold the wrong end of the stick

António Lobo Vilela is a lawyer based in Macau and the author of the Macau Gaming Law Book (www.macaugaminglaw.com) Having participated in the drafting of the Macau Gaming Law (currently in force) and the concession and subconcession contracts, I was asked about the legal basis for the existence of third-party promoted casinos (also known as…
Law
Hold the wrong end of the stick
TipRanks

Las Vegas Sands Betting On Lifted Restrictions

Las Vegas Sands (LVS) shares have been dragged down from China and Singapore imposing lockdowns and restrictions on mobility to limit the resurgence of COVID-19, and therefore are down about 8% thus far this year. I am bullish on this stock. But as the current wave of COVID-19 is waning, yet again, investor visibility into the future for the…
Covid
Las Vegas Sands Betting On Lifted Restrictions
Asgam

MGM China falls to US$26 million EBITDAR loss in 1Q22 on falling Macau revenues

MGM China has reported revenue of US$268 million in the three months to 31 March 2022, down 9% year-on-year and 63% lower than the same period in 2019. It was also 15% lower than 4Q21, with its Macau properties - MGM Cotai and MGM Macau - still heavily impacted by travel and entry restrictions into the SAR. Adjusted Property EBITDAR was a loss of…
Finance
MGM China falls to US$26 million EBITDAR loss in 1Q22 on falling Macau revenues
GGRAsia

Macau GGR targets hurt ops with low-yield assets: broker

The Macau government's proposed minimum annual target of casino gross gaming revenue (GGR) per table and per gaming machine could result in operators with low-yielding gaming assets bearing in practice a levy on doing business that is higher even than the 39 percent effective tax rate on GGR, says a report from China International Capital Corp Hong…
Industry
Casino Guru

Macau casino licensees obligated to disclose “major financial move” data

Macau is tightening the noose on casino regulations in the special administrative region (SAR) as a new rule would now require casino licensees to make sure that they disclose any major financial decision they make to the government. In fact, the SAR government would expect the chief executive to be informed about any significant financial moves…
Law
Macau casino licensees obligated to disclose “major financial move” data
Macau Business

Las Vegas Sands terminated agreements with three primary junket promoters in Dec, 2021

Las Vegas Sands, the parent group of local gaming concessionaire Sands China, has indicated in an annual report to have terminated agreements with its'three primary gaming promoters' in December 2021. The indication - included in the group's annual report for 2021 - comes at a time of increased regulatory oversight by authorities towards VIP gaming…
Travel
Las Vegas Sands terminated agreements with three primary junket promoters in Dec, 2021
Yogonet

Macau casino revenue continues recovery in April with 1,014% growth

Revenue increased 1% from the previous month, but is down 65% from April 2019. The accumulated revenue in the first four months of 2021 reached 32.04 billion patacas (about 4.0 billion dollars), up by 2.6% year-on-year. Macau's gaming revenue rose 1014% year-over-year in April to 8.4 billion patacas ($1.1 billion), according to data released…
Finance
Macau casino revenue continues recovery in April with 1,014% growth
Gambling News

Wynn Macau, Casino Companies Pay Bonuses to Employees

Wynn Macau has decided to give all of its (or nearly all) employees a holiday bonus that will be paid out this month. The bonus reflects not so much on the holiday season but rather on the dedication with which members of the team have worked through the nadir of the pandemic and coped with a challenging health environment throughout 2021. Wynn…
Jobs
Wynn Macau, Casino Companies Pay Bonuses to Employees
Gambling News

Wynn Macau and Melco Resorts Severed Ties with Junkets

Two of the six casino licensees in Macau, Wynn Macau and Melco Resorts, confirmed to have completely cut their ties with junket operators, an article in GGRAsia revealed. The junket sector has been seriously hit after the arrest of Suncity chief executive officer Alvin Chao last month when analysts predicted the detention and the shutdown of…
Travel
Wynn Macau and Melco Resorts Severed Ties with Junkets
Global Times

Over 63,000 are accused of opening casinos in the first nine months this year: top Chinese prosecutor

Over 63000 are accused of opening casinos in the first nine months this year: top Chinese prosecutor Guests play slot machines on the gaming floor during the launch of full-scale sports betting at Dover Downs Hotel and Casino in Dover, Delaware, US. Photo: VCG A total of 63238 individuals in China were accused of illegally opening casinos between…
Incidents
Over 63,000 are accused of opening casinos in the first nine months this year: top Chinese prosecutor
Analytics Insight

How is AI Transforming the Future of the Gaming Industry?

AI in gaming means adaptive as well as responsive video game experiences facilitated through non-playable characters behaving creatively as if they are being controlled by a human game player. From the software that controlled a Pong paddle or a Pac-Man ghost to the universe-constructing algorithms of the space exploration Elite, Artificial…
Industry
How is AI Transforming the Future of the Gaming Industry?
Vegas Slots Online

Macau Monthly Casino Revenue Fell to Year Low in October

Macau's monthly gross gaming revenue hit a record low for 2021 in October as the region continued to deal with the impact of COVID-19 restrictions. Gross gaming revenue fell almost 29% month-on-month to around MOP4.37bn ($544.7m). a 40% year-on-year drop in October revenue Figures released by the Macau Gaming Inspection and Coordination Bureau on…
Finance
Macau Monthly Casino Revenue Fell to Year Low in October
Gambling News

FinCEN Loosens Regulations Concerning Casino ID Verification

The Financial Crimes Enforcement Network (FinCEN) of the US Treasury Department is bringing good news to casino customers as it loosens the regulations concerning ID verification. On Wednesday, FinCEN stated that the use of non-documentary means in order to ID their visitors will be permitted. Before this new regulation, casino staff were required…
Trust and Safety
FinCEN Loosens Regulations Concerning Casino ID Verification
Vegas Slots Online

Macau Casinos Start COVID Testing, Vaccination Measures

Macau has seen an increase in COVID-19 cases since the end of September, and its casino operators have now introduced vaccination proof and testing measures for employees. [Image: Shutterstock.com] After maintaining an impressively low rate of infections since the beginning of the pandemic, the Asian gambling hub of Macau has experienced a rise in…
Covid
Macau Casinos Start COVID Testing, Vaccination Measures
Asgam

SJM confirms reopening of Casino Oceanus

SJM Resorts has confirmed the reopening of Casino Oceanus - located near the ferry terminal on the Macau peninsula - on 9 October following a thorough cleaning and inspection by the Health Bureau. Casino Oceanus was, although SJM said at the time that the gaming areas in the connecting Jai Alai building and Hotel Jai Alai remained open for…
Covid
Macau Business

Casino Oceanus closed for disinfection, Sands Macao to remain open

Casino Oceanus at Jai Alai will be closed temporarily for disinfection works after a recent confirmed Covid-19 case was found to have been in the casino for several hours, health authorities announced today (Tuesday). The 72nd confirmed Covid-19 case reported in Macau, a mainland Chinese worker who stayed in three local hotels during his time in…
Covid
Casino Oceanus closed for disinfection, Sands Macao to remain open
Asgam

SJM confirms casino table, machine limits for opening day

SJM Holdings says it has been authorized by Macau's gaming regulator, the Gaming Inspection and Coordination Bureau (DICJ) to request the transfer of additional gaming tables from its other properties as the company prepares for the launch its HK$39 billion (US$5 billion) Cotai integrated resort Grand Lisboa Palace today. As reported by Inside…
Travel
SJM confirms casino table, machine limits for opening day
Vegas Slots Online

Delta Surge Concerns Gambling Hubs Las Vegas, Macau

A spike in the Delta variant of COVID-19 is turning up the heat for the gambling hub cities of Las Vegas in Nevada and Macau in China. [Image: Shutterstock.com] As the US and China enter the hottest months of the year, a surge in the Delta variant of COVID-19 spells trouble, or at least uncertainty, for the gambling hubs of Las Vegas and…
Hockey
Delta Surge Concerns Gambling Hubs Las Vegas, Macau
The Lott Media Centre

Dandenong’s Mystery Lucky Lotteries Winner Comes Forward To Claim Windfall

A week after the draw, a Dandenong father has been left stunned by the revelation he's the Lucky Lotteries Mega Jackpot 1st Prize winner lottery officials had been searching for. The Victorian player won the 1st Prize of $200000 in Lucky Lotteries Mega Jackpot draw 1536, drawn Thursday 17 June 2021. Speaking with an official from The Lott yesterday…
Lottery
Dandenong’s Mystery Lucky Lotteries Winner Comes Forward To Claim Windfall
Radio Free Asia

Wanted Chinese Kingpin Owns Casino With Cambodian Senator's Son-in-Law

Political connections in Cambodia have allowed a major Chinese fugitive to elude jail while building a business empire, an investigation by RFA has found. Xu Aimin was sentenced to 10 years in a Chinese prison in 2013 for masterminding an illicit international gambling ring with an estimated turnover of $1.75 billion. Rather than do the time for…
Law
Wanted Chinese Kingpin Owns Casino With Cambodian Senator's Son-in-Law
The Lott Media Centre

Check Your Tickets, Dandenong: Your Day May Have Become A Whole Lot Better From A Win!

Lottery officials are hoping to make today a whole lot brighter for one Dandenong resident who won $200000 in the most recent Lucky Lotteries Mega Jackpot draw - but first, they need to check their ticket and discover their winning news. The Melbournian player won the 1st Prize of $200000 in Lucky Lotteries Mega Jackpot draw 1536, drawn Thursday 17…
Covid
Check Your Tickets, Dandenong: Your Day May Have Become A Whole Lot Better From A Win!
USA Online Casino

China’s Cryptocurrency Casino Crackdown

Chinese police recently arrested 15 suspects for their involvement in running an illegal online gambling operation funded with cryptocurrency. Police seized over $3.8 billion worth of EOS cryptocurrency in the raid. Gambling is illegal in Mainland China except for its state-run lottery. All other forms of gambling are strictly prohibited. Following…
Incidents
China’s Cryptocurrency Casino Crackdown
Nevada Business

Konami Drives Future-focused Slot Games and Casino Technology to the 35th Annual Indian Gaming Show

Home // Konami Drives Future-focused Slot Games and Casino Technology to the 35th Annual Indian Gaming Show Las Vegas - Konami Gaming, Inc. announced an advanced lineup of linked progressive series, competitive slot cabinets, and leading-edge systems technology appearing at the Annual National Indian Gaming Association (NIGA) Tradeshow & Convention…
Incidents
Konami Drives Future-focused Slot Games and Casino Technology to the 35th Annual Indian Gaming Show
Yogonet

China issues crackdown warning on cross-border gambling ahead of Chinese New Year

few days ahead of the Chinese New Year holidays, mainland Chinese authorities have urged Chinese nationals who are involved in cross-border gambling activities to turn themselves in, according to a notice co-drafted by the Supreme People's Court, the Supreme People's Procuratorate and the Ministry of Public Security. During a press conference…
New Year