Mainland China

Reduced liquidity in mainland China in 2017 will create headwinds for high-end gaming in Macau, say Bernstein analysts. In its report titled “China Liquidity: Who are the winners and losers when the tide is going out?” the brokerage looks at the implications of tightening liquidity on China’s markets.

China lottery sales rose 7.3 percent to RMB 394.6 billion (US$57.5 billion) in 2016, according to data from the Ministry of Finance.

The bridge connecting Hong Kong, Zhuhai and Macau is expected to complete by the end of 2017, said Hong Kong’s Secretary for Transport and Housing.

Macau junket investor Iao Kun Group Holding Company says it will no longer look to expand its VIP gaming portfolio, instead focusing on investments outside the gaming sector.

Lottery service producer AGTech has announced it will be utilizing “certain channels and networks” of the Alibaba Group for the sales and distribution of its lottery products and services.

Beijing has launched an all new internet censorship offensive, with a focus on unauthorized connections including virtual private network (VPN) services.

Twenty-seven elite 2v1 players from all over China battled in China's first professional 2v1 Poker game tournament for RMB1 million (US$145.4 million) in prize money, held in HuangShan.

Sports lottery provider 500 .com has announced the resignation of its director and chairman Mr. Man San Law, as well as director Mr. Weiguo Zhao from its board of directors, effective January 20, 2017.

AGTech has secured the rights to operate all competitive play of Chinese card game Guan Dan, and has formed a partnership with the organizers of a Chinese poker championship in China.

The investigation of the 17 Crown Resorts staff in China is looking to last for at least another year, dashing earlier hopes for a speedy trial.

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