The director of the Gaming Inspection and Coordination Bureau said it is difficult for authorities to “completely eradicate” illegal online gambling operators, as servers are usually hosted outside its jurisdiction and target gamblers from mainland China, Macau Business reports.
“What we can is to do propaganda to raise awareness and inform that it is illegal… We continue to do a lot of awareness work, sending phone messages, setting billboards, to fight online gaming. It has a great impact on Macau’s image and in many times involves fraud,” said Paulo Martins Chan on the sidelines of the MGS Entertainment Show.
In his speech at the opening ceremony, Chan said that the DICJ has put in a large number of resources to combat illegal online gaming, including extensive publicity and promotion on different platforms, and inspection teams on gambling exhibitions and gaming promoters’ operating locations.
Earlier this year, the DICJ initiated several inspections at the G2E Asia exhibition, as several exhibitors were suspected of promoting illegal online gambling.
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
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Century Entertainment, formerly known as Amax International, announced plans to consolidate its shares on a five-for-one basis and to increase its authorized share capital.
Studio City Finance Limited has announced that it has priced its international offering of senior notes due 2029 at US$750 million. The 5 percent senior notes will be due 2029.
Genting Malaysia said several canteen workers at its Resorts World Genting resort had tested positive for Covid-19 during regular health screening in early January. The canteens are not accessible to the public.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.