Korean Cops Seize $1.7M, Arrest 17 During Sports Gambling Raids in Busan

South Korean authorities arrested 17 suspects and detained another 21 people during raids Monday of 2 illegal sports betting trading operations based in the major urban center of Busan, according to the Yonhap News Agency. As component part of the raid, police force seized near $1.72 one thousand thousand…

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Macau Eases Quarantine Rules for Two Guangdong Cities

Macau is slowly easing some of its quarantine requirements on visitors entering from parts of neighboring Guangdong. Earlier this month, amid an outbreak of unexampled COVID-19 cases inwards the province of Guangdong, Macau implemented strict quarantine mandates on visitors coming from sure parts of the contiguous region. Anyone arriving at…

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Guangdong COVID-19 Border Protocols Problematic for Macau Concessionaires, Says Bank

A recent upsurge in coronavirus cases inwards Guangdong, the Chinese province closest to Macau, is prompting stricter adjoin controls. It could be the modish go forth to librate on the casino center’s still slacken rebound. Since the scratch line of this month, to a greater extent than 100 new…

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Universal Entertainment Hit with CCC+ Credit Rating as Fitch Worries About Okada Manila SPAC Deal

Japanese gaming fellowship Universal Entertainment Corp.’s (UEC) deferred payment rating has been lowered to “CCC+” from “B” by Fitch Ratings. The research steady verbalized concerns around the operator’s plans to lean its Okada Manila integrated holiday resort business organisation on a US exchange. Corporate bonds rated inward “C”…

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Macau Lawmakers Request Review of Casinos Ahead of 2022 Relicensing

Legislators in Macau are requesting that the enclave’s gaming regulatory office execute and wee public a retrospect of the enclave’s vi commercial message casino operators before the 2022 supply ship renewal unconscious process initiates. Led past Macau Legislative Assemblywoman Ella Lei Cheng I, a mathematical group of legislators…

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Macau Stocks Ebullience Is Fading, Says Analyst

In Macau, 144 gaming revenue (GGR) and visitation trends are showing small signs of improvement. But those upticks may not live enough to be enough to reenforcement near-term upside inward shares of concessionaires. That’s the sight of Federal Gaming psychoanalyst John the Divine DeCree, who argues that consensus forecasts…

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Chinese Cops Nab 15 in Crypto-Linked Gambling Operation, Seize $3.8M in Digital Currency

An online allegedly illegal gambling military operation based on EOS cryptocurrency was raided lately by constabulary inward China. Some 15 suspects were arrested and o'er $3.8 trillion worth of cryptocurrency was seized, according to a published report. The Block, a cryptocurrency intelligence site, explained the procedure was based on…

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Macau Visitor Numbers Best in 15 Months, But Enclave Reimplementing Entry Quarantines

Macau reported over the weekend that it recently experienced its highest single-day visitant tally since the onset of the COVID-19 pandemic. The Macau Government Tourism Office (MGTO) said 34,252 visitors entered the Chinese Special Administrative Region (SAR) lowest Friday, Apr 16. That’s the highest one-day counting since Jan…

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Macau Providing Government Subsidies for Residents Who Take Staycations

The Macau Government Tourism Office (MGTO) has unveiled a public subsidy program that encourages enclave residents to take a staycation. “Stay, Dine, and See Macau” offers Macau residents various incentives to explore the Chinese Special Administrative Region. The computer program includes vouchers for stays at most gambling casino resorts throughout…

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Manila Casinos Shutter Operations Again, as Philippines President Orders Quarantine

The four integrated cassino resorts inward capital of the Philippines experience in one case once again gone sour on orders from Philippine Islands President Rodrigo Duterte. Duterte issued an Enhanced Community Quarantine for metro Manila, Bulacan, Cavite, Laguna, and Rizal that runs from today through and through Sunday, Apr 4.…

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