Hong Kong

21 people were arrested last week in Hong Kong for the falsification of concrete compression test results relating to the construction of the Hong Kong-Zhuhai-Macau Bridge.

Hong Kong-listed Success Dragon International Holdings has announced a new deal that may see a change in the company’s majority shareholder.

Horse racing authorities are intent on closing the net on exchange CITIbet, but leading officials in the sport admit “there is no silver bullet” and say they will need government and law enforcement assistance.

A sudden spike in DDOS attacks against gaming and gambling sites in Hong Kong last month is believed to be an extortion attempt, International Business Times reports.

Horse racing authorities are intent on closing the net on exchange CITIbet, but leading officials in the sport admit “there is no silver bullet” and say they will need government and law enforcement assistance. The Asian Racing Federation has recently formed a joint task force to tackle illegal betting, which they put at RMB500 billion ($72.5 billion) in China's Guandong province alone.

Horse racing authorities are intent on closing the net on exchange CITIbet, but leading officials in the sport admit “there is no silver bullet” and say they will need government and law enforcement assistance.



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Gambling participation and the prevalence of gambling disorders among Hong Kong people have been on the decline, according to a study commissioned by the Ping Wo Fund.

Rexlot Holdings said it will raise about HK$600 million in net proceeds from a share subscription accord and convertible bond issue.

The proceeds from the transaction will be used to repay the company’s existing loans and for general working capital, the company, which is involved in the lottery industry in China, said in a release to the Hong Kong Stock Exchange.

Hong Kong’s gamblers spend more in the casino ships that leave the territory for international waters than they do in Macau’s casinos, a government survey found.

Genting Hong Kong reported a 39.1 percent gain in cruise ship related activities in 2016, but it swung to a loss on higher costs and as one-time gains last year weren’t repeated.

China Star Entertainment said it expects to post a loss in 2016 due to the downturn in service income from its gaming operations in Macau as well as a loss incurred on new film releases.

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