Search Results for: macau illegal money
JLL: MACAU PROPERTY PRICES TO SEE ANOTHER DOWNTURN
February 24, 2022
The property market in Macau will enter a new downward cycle, considering factors such as crackdowns on illegal gambling, an inte...
Las Vegas Sands confirms end to agreements with its three main junket partners in Macau
February 7, 2022
Las Vegas Sands, the parent company of Macau gaming concessionaire Sands China, has confirmed it recently terminated agreements w...
Levo Chan arrested in Macau for illegal gambling operations
January 31, 2022
Levo Chan Weng-lin, the husband of Taiwanese Actress Ady Ann Yi-xuan, is reportedly arrested in Macau for illegal gambling operat...
Macau police arrest 2 suspects over cross-border gambling syndicate linked to ‘junket king’ Alvin Chau
January 31, 2022
Macau’s judiciary police have arrested two businessmen in connection with an illegal cross-border gambling and money-laundering...
China and Macau Working to Control Suspicious Money Movements
January 14, 2022
China continues to closely monitor where money goes and who spends it, especially if it can be tied to gambling. Intrinsically ti...
Macau Casinos Could Become Digital Yuan Laboratories
January 5, 2022
Current concessions in the $37 billion market are set to expire, which will require local casinos to renew their licenses for the...
Macau’s casino GGR grows 43.7% in 2021; marks nearly a third of pre-pandemic numbers
January 4, 2022
According to data released by the Gaming Inspection and Coordination Bureau (DICJ), Macau’s casinos secured MOP 7.96 million (U...
Macau watchdogs will double down on digital yuan
January 3, 2022
China will gamble on the digital yuan. As Macau’s casino owners prepare to bid for new licenses in the city for the first time ...
Macau’s Casino King Is Dethroned as Beijing Reins In Offshore Gambling
December 22, 2021
Arrest of junket boss over alleged illegal gambling syndicate targeting Chinese high-rollers threatens VIP revenue that helped ci...
Macau’s Challenges: From Better Management of Casinos within Casinos to “Suitable” Economic Diversification
December 13, 2021
The recent closure of some VIP rooms and the emphasis on Macau-Hengqin cooperation can be analytically put together as a whole pa...