Friday, September 24, 2021

AGTech wins further eight sports lottery terminal bids in China

AGTech subsidiary, Beijing AGTech GOT Technology CoLtd has recently won eight sports lottery terminal procurement bidding projects across China.

China cross-border currency crackdown continues with 10 fines

China is continuing its crackdown on cross border gambling, fining 10 people for currency trades totalling $6.6 million.
hong Kong

HK wants to reopen China border both ways

Hong Kong chief executive Carrie Lam has reportedly asked Beijing for a path to eventually shed travel restrictions between Hong Kong and Mainland China.

Chinese travel demand to outstrip tourism infrastructure by end-decade: Bernstein

Chinese outbound tourists will hit 200 million by 2030, which will outstrip the tourist infrastructure in terms of hotel rooms and flights, Bernstein says.
China, suppress pro-gambling, songs

China moves to suppress pro-gambling songs

China is moving to suppress heavy post-work drinking, as well as banning songs that speak “harmful information," including lyrics inspiring gambling.
AGtech, Pay TM

AGTech narrows loss in 1H21 as China lottery sales increase 44%

Chinese lottery service provider AGTech Holdings saw its losses narrow approximately 60 percent in 1H21, compared to the previous corresponding period in 2020. 

Operators eye China projects as governments push integration

As Macau and China step up cooperation in the Greater Bay Area, the territory’s operators are paying heed and turning their attention to opportunities on the Chinese Mainland.

China soft power packs punch in online gambling crackdown

China’s crackdown on online cross border gambling is showing no signs of easing, with Beijing’s increasing deployment of soft power across Asia reducing safe havens for operators.
Macau, Ho Iat Seng

Macau’s CE says casinos to stay open for now

Macau Chief Executive Ho Iat Seng said there is no plan to close Macau’s casinos despite the four new Delta variant cases discovered on Tuesday.

Outbreaks in Mainland China cause 20% drop in hotel bookings in Macau

Covid-19 outbreaks across various provinces in Mainland China have resulted in the cancellation of 20 percent of room reservations in Macau in June.