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AUSTRAC serves The Star with statement of claim, penalty amount not detailed

Australian casino operator The Star says that it has been served with a statement of claim from the nation’s financial crimes watchdog AUSTRAC, which is ‘commencing civil penalty proceedings in relation to alleged contraventions of obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act’.

Alvin Chau defense: proxy betting revenue so low, illogical to risk conducting illegal operation

The defense of former Suncity head Alvin Chau claims that there is no evidence that the junket boss had received any revenue from companies allegedly involved in proxy betting, and that the scale of Suncity Group’s business made it inconceivable that Chau would need to be involved in such illegal activity.

Macau gaming-related crime halves in the first nine months of 2022

Macau authorities say that ‘gaming-related’ crime was down by 48.8 percent in the first nine months of the year, with just 257 crimes registered during the period.

Number of employees in the Macau gaming sector falls in 2Q22

The number of employees in Macau's gaming sector fell by 2,176 in the second quarter, when compared to the same period of 2021.

Genting Malaysia Berhad confirms its Macau bid unsuccessful

Genting Malaysia has confirmed that its bid for a Macau gaming concessions was unsuccessful.

Shareholders approve Landing International’s name change to Shin Hwa World

Shareholders of Landing International Development have officially approved the company’s name change to Shin Hwa World Limited.

The Star responds to Queensland regulators

Australian casino operator The Star Entertainment says that it has ‘responded to show cause notices from the Office of Liquor and Gaming Regulation’ of the state of Queensland.

Century Entertainment hoping Cambodia mass tables to reopen in December

Cambodian table games operator Century Entertainment has recorded no revenue for the six-month period ended September 30th, while racking up HK$5.84 million ($747,000) in debt during the period.

Far East registers nil revenue, $18.8mln loss in six months ended Sept. 30th

Hong Kong-listed Far East Consortium has seen a 70.5 percent yearly increase in gaming operations revenue, to HK$147 million ($18.8 million) in the six months ended September 30th.

Macau records four new cases, no signs of mass testing

Macau has recorded three more local cases of COVID, although authorities have not given indication that the discovery could prompt another lockdown or mass testing event.

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