MACAU SEES SUSPICIOUS CASINO TRANSACTIONS FALL 14.4% IN FIRST HALF OF 2019
The number of Suspicious Transaction Reports (STRs) issued by Macau’s casino operators fell 14.4% year-on-year in the first six months of 2019, according to statistics from the Financial Intelligence Office. The total number of STRs from casinos was 966, down…
SUNCITY TO APPLY MACAU LAW TO OPERATIONS IN ALL JURISDICTIONS: ALVIN CHAU
Suncity Group CEO Alvin Chau has issued a pledge not to conduct any gaming operations currently outlawed in Macau in any other countries and regions, even if those operations are legally allowed within those jurisdictions. The declaration follows allegations published…
AT LEAST 24 DEAD AFTER CAMBODIAN RESORT UNDER CONSTRUCTION COLLAPSES
The Cambodian town of Sihanoukville has quickly become a casino haven, with new venues popping up virtually on a daily basis as operators try to grab a piece of the gambling pie. The rush to see new gambling houses and their supporting infrastructure has…
AFFILIATES AND AGENTS SYSTEM
Players are not the only target market in the online casino industry. Affiliates and Agents Programs as well can be a notable source of income for online gambling websites. Those who look for lucrative careers with little investment to provide are looking…
MACAU GOVERNMENT APPROVES NEW MASTER’S DEGREE IN GAMBLING MANAGEMENT
The Macau Government made official on Monday the creation of a Master’s Degree in Business Management, related to the specialization of Gambling Management, at the Instituto Politécnico de Macau (Macao Polytechnic Institute). The course will have a duration of two…
GREEK GAMING REGULATIONS SENT TO EUROPEAN COMMISSION
EU’s European Commission will look into new Greek gaming regulations, introduced to reform sports betting and table games. Greece.- Greek gaming regulations may soon be changed as the government seeks to update them. The local government has submitted a number…
ITALY’S SPORTS REVENUE DOWN, ONLINE CASINOS SET RECORD
Revenue from sports betting operations decreased 17.2% year-on-year in January but online casinos set a record. US.- Italy’s gambling regulator, Agenzia della Dogane e dei Monopoli (ADM) released a report this week that shows that sports betting revenue totalled €124.6…
THE LEGEND OF FERRARI FINDS SPACE AT CITY OF DREAMS
by Oscar Guijarro It’s a must see for everyone who loves cars, design, history and everything that relates to the most legendary supercar manufacturer of all time: Ferrari. From 25 January to 16 June, Macau integrated resort City of Dreams is…
PHILIPPINE GGR SEEN AT $4.1B IN 2019.
The Philippine Gaming and Amusement Corp. (PAGCOR) expects gross gambling revenue in the country to gain 8.5 percent to PHP217 billion ($4.1 billion) in 2019, Reuters reports. The country saw a 13 percent gain in GGR in 2018 to about…
POWER VS LIBERTY GROUND ZERO IN THE UK
I often call gaming the canary in the coal mine for the wider global economy. Here I’d like to go into that idea a little deeper. The import of that comparison is not necessarily laden in technical patterns, but rather within…