The number of suspicious transactions recorded in Macau casinos in the first nine months of 2023 has jumped by 170 percent year-on-year.

Chinese authorities identified more than 60,000 suspicious transactions related to gambling in 2022, according to an annual report from the Payment and Clearing Association of China.

The amount of Suspicious Transaction Reports from Macau's gaming operators increased by some 125 percent yearly during the first half of the year, according to the most recent statistics from the Financial Intelligence Office (GIF).

The total number of suspicious transactions received by the Macau Financial Intelligence Office during the first three quarters of 2022 was 1,677, representing a decrease of 13.4 percent as compared with the same period in 2021. 

The Macau Financial Intelligence Office observed an incremental increase of suspicious transactions in the gaming industry.

Macau's Financial Intelligence Office received 694 suspicious transaction reports in Q1, up 7.9 percent in the same period last year.

The number of suspicious transaction reports in the first three quarters of this year fell 20.4 percent to 1,663, according to Macau's Financial Intelligence Office. The drop was due to lower cases in the financial and gaming sector.

The number of suspicious transaction reports filed by Macau's gaming industry fell 36.4 percent in 2020 to 1,215, the Financial Intelligence Office said.

The number of Suspicious Transaction Reports reported by institutions in Macau dropped by some 9.7 percent annually in 2022, according to data from the SAR’s Financial Intelligence Office.

Investors in cryptocurrency exchange giant Binance have pulled out nearly $1 billion from the platform within just the past day, after the group’s founder and CEO Zhao Changpeng stepped down and pleaded guilty as part of a financial probe by US authorities.