JCM Global, an Osaka-based firm which supplies cash transaction technologies to the gaming industry, has announced a partnership with Las Vegas-based eConnect to utilize facial recognition technology to enhance casino security.
JCM’s Fuzion management system will be integrated with eConnect’s facial recognition system to provide more visibility into suspicious transactions across the casino floor in an effort to prevent money laundering and other illicit activities.
Jason Cribbs, vice-president of sales for eConnect, commented, “Fuzion’s unique capabilities integrated to eConnect’s best in class facial recognition solution has completely changed the way casino operators can identify, review and reduce money laundering. Suspicious activities are easily discovered by connecting the patron’s face with the alerts from Fuzion.”
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.
SJM Holdings has appointed Toh Hup Hock as chief financial officer, replacing Robert Earle McBain who is retiring. Toh joined SJM in October, prior to which he was CFO of Shangri-La-Asia and Sands China.
MGM China said it currently has no plans to restructure its operations, responding to a letter from investor Snow Lake Capital urging the company to sell a 20 percent stake to a Chinese internet or leisure firm.
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.