Macau

A report on organized crime in Macau has been released in the British Journal of Criminology, detailing the changes that the triad underworld has undergone since the handover in 1999, and concluding that VIP rooms “remain to this day dominated by triads.” The report, entitled “Triad Organized Crime in...

The Judiciary Police (PJ) recorded 1,553 gaming-related crimes in 2015, a year-on-year increase of 38 percent, Secretary for Security Wong Sio Chak announced on Monday. Addressing a press conference at his office in Cotai to announce last year’s crime figures, the policy secretary said that last year’s total number...

A indústria do jogo em Macau está a apostar em “slot machines” nas salas VIP dos casinos, usadas no passado só para jogos de mesa. O objectivo é contornar a crise que tem vindo a afectar o negócio, em vésperas do Ano Novo chinês. As salas VIP dos casinos de...

The Secretary for Administration and Justice said that Macau needs to abolish half of the 1,200 laws and regulations inherited from the Portuguese era that are no longer suitable to the international city the SAR has become. In a recent interview with Exmoo News, Sonia Chan Hoi Fan said...

Responding to a resident’s comment that “gambling is 90 percent a scam”, newly appointed Gaming Inspection and Co-ordination Bureau (DICJ) Director Paulo Martins Chan said that the government would do its best to minimise any possible negative impact that the gaming industry may have on civil society. The director,...

Yet another blow to the city’s gambling junket industry Police in Macau are probing the theft of HK$99.7 million from a VIP gaming room at one of the city’s casinos. The company’s executive director Angela Leong On-kei reported the alleged theft from SJM Holdings’ L’Arc Macau casino to police...

Macau, China’s sole gambling mecca, is the inverse of Las Vegas. Its tiled promenades are tidy and largely free of panhandlers. There are no flashing pyramids or fake Eiffel Towers, but plenty of stone facades designed centuries ago by Portuguese craftsmen. Inside its 30-plus luxury casinos, gamblers tend to...

Macau’s economy contracted a fifth straight quarter as the world’s largest center of gambling was pummeled by an economic slowdown in China and the government’s attack on corruption which scared off high-rollers. The region, which relies on gamblers for about two-thirds of economic output, saw GDP tumble 24.2 percent...

Entre Janeiro e Março, as receitas da operadora de jogo fundada por Stanley Ho caíram 22,8 por cento, para os 11 016 milhões de dólares de Hong Kong. No primeiro trimestre, a SJM apurou lucros de 561 milhões, um valor 44,1 por cento menor do que o angariado em...

A crackdown in corruption in China that has hushed the once frenzied Macau casino business took its toll on Wynn Resorts in the company’s fourth quarter. Labor delays, for one, have pushed back the company’s opening date of Chinese New Year 2016 for its $4.1 billion Wynn Palace casino-hotel...

Foram precisas apenas seis semanas para as autoridades de Pequim, que estão a combater a corrupção, mostrarem aos chefes do jogo da cidade que não há garantias. Dizem que, quando se trata de casinos, a casa ganha sempre. Mas, enquanto os gigantes do jogo de Macau digerem os incríveis...

BofA Merrill Lynch’s Billy Ng discusses the decline in Macau casino revenue with Bloomberg’s Rishaad Salamat on “On The Move Asia.” (Source: Bloomberg)...

O economista Albano Martins defendeu hoje que a queda homóloga das receitas dos casinos de Macau, que se verifica desde junho e pode agravar-se até aos 20% este mês, advém do maior controlo da saída de capitais da China. “Isto está a acontecer devido às maiores restrições e maior...

Police have smashed an illegal betting syndicate in Macau for allegedly taking the equivalent of US$645 million in bets on World Cup matches. It’s believed to be the biggest ever raid on an illicit football bookmaking racket in the Asian casino capital, according to police. The gambling ring used...