Good Morning. Beijing is stepping up support on POGO’s illegal activity crackdown, China’s Ambassador to the Philippines Huang Xilian promised, grateful for the rescue of Chinese nationals. Suncity S1E3: Alvin Chau doesn’t gamble and has no recollection of online gaming operations.
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What you need to know
- Paradise Entertainment expects Macau VIP demise to pump up demand for EGMs. Its future tied to SJM’s potential concession, the company looks at U.S. expansion.
- Crown Melbourne sets compulsory KYC, time, and money limits (A$1,000) for gambling activities following new legislation passed by the Victorian Parliament.
On the radar
- Macau’s Tax Revenue plummets by 93 percent to $30 million.
- Alvin doesn’t gamble, has no recollection of online gambling ops.
AGB Intelligence
PHILIPPINES
Beijing to step up support of Philippines POGO crackdown
Beijing is ready to strengthen cooperation with the Philippine government as it cracks down on POGO-related illegal activity, China’s Ambassador to the Philippines, Huang Xilian, stated, grateful for the rescue of Chinese nationals. “Crimes induced by and associated with online gambling not only harm China’s interests and China-Philippines relations but also hurt the interests of the Philippines,” Beijing’s representative in the country added. “It is appreciated that relevant Philippine law enforcement agencies rescued a number of Chinese citizens and shut down some POGO companies during their recent operations,” said China’s Ambassador Huang Xilian.
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