Tag: China

China Strengthens Anti-gambling Measures with Selective Travel Restrictions
13
May
2022

China Strengthens Anti-gambling Measures with Selective Travel Restrictions

Gamblers in China were dealt yet another blow by COVID-19-related government measures. Along with restricting all outbound…

China: 42,000 Illegal Cross-Border Gambling Cases Between 2020-2022
10
May
2022

China: 42,000 Illegal Cross-Border Gambling Cases Between 2020-2022

In spite of continuing its intense efforts to clamp down on illegal gambling in the country while…

MGM China Reports 9% Revenue Drop in 1Q2022 Due to Travel Restrictions
03
May
2022

MGM China Reports 9% Revenue Drop in 1Q2022 Due to Travel Restrictions

In Summary: MGM China’s 1Q2022 revenue has dropped…

Junkets Debacle Pose no Threat to Sands China
29
Apr
2022

Junkets Debacle Pose no Threat to Sands China

The fall-from-grace by Macau junket operators has exposed certain operators to subsequent risks of being caught in…

Sands China Let Go of 3,000 Non-local Workers since the Start of the Pandemic
19
Apr
2022

Sands China Let Go of 3,000 Non-local Workers since the Start of the Pandemic

Sands China’s president, Wilfred Wong has stated that Sands China has fired more than 3,000 non-local workers…

China Busts $1.6B Illegal Gambling Wring, Arrests 14 People
29
Mar
2022

China Busts $1.6B Illegal Gambling Wring, Arrests 14 People

China has a monopoly on gambling in the sense there is no gambling allowed in bar lotteries…

Fraudsters Use Metaverse Scams, Authorities in China Warn
21
Feb
2022

Fraudsters Use Metaverse Scams, Authorities in China Warn

Last week, the Banking and Insurance Regulatory Commission in China released a reminder urging the public to…

WPT Selects Famous DJ and Musician Steve Aoki as Brand Ambassador
10
Feb
2022

NagaCorp Exec Says China, Junkets Not Important to Recovery

NagaCorp, a beleaguered operator which posted $147 million in losses for its 2021 financial results this Wednesday,…