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Tag: junket

China Busts $100bn Philippines Online Gambling Platform

MPS makes arrests in China The Chinese Ministry of Public Security (MPS) arrested 93 suspects on home soil connected to an illegal RMB 725.5bn ($100.8bn)...

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Crown Resorts Fined AU$20M for Violating Tax Regulations

Crown Resorts, one of Australia's largest casino operators, has been fined AU$20 million for violating tax regulations. The fine was imposed by the Australian...

Privatization of the Philippines Casinos Major Priority for Pagcor

Philippine Amusement and Gaming Corp (Pagcor) announced on Tuesday that its state-owned casinos would be sold for PHP80 billion (US$1.47 billion).  An important step for...

Ten Years of Solaire: The Record Revenue in January

Bloomberry Resorts Corp.’s Solaire Resort and Casino, located in Philippines, celebrates its 10th anniversary on March 16th.  After a few tough years, when the casino...

Macau Casinos Recovering Ahead of Schedule After Posting Highest Monthly Revenue in Three Years

Beating expectations Macau’s casinos are recovering faster than expected, according to recent analyst reports. The region’s January gross gaming revenue (GGR) was the highest single-month...

Lunar New Year Sees Macau Hit $39m Daily Gaming Revenue While Hong Kong Smashes Betting Record

Tourists fuel comeback Amid a tsunami of Lunar New Year tourists descending upon China’s Special Administrative Regions (SARs) of Macau and Hong Kong, comes reports...

Macau’s Junket Billionaire Alvin Chau Gets 18 Years in Jail for 100+ Charges

Gambling kingpin jail-bound The Court of First Instance in China’s Special Administrative Region (SAR) of Macau has sentenced gambling kingpin Alvin Chau to 18 years...

Four Macau Casino Operators Want Combined $16.8m in Illegal VIP Gambling Trial

Lost revenue Four casino operators in Macau are seeking damages totaling MOP$135m (US$16.8m) from the defendants in a major illegal VIP gambling case. Former chairman...

Suncity Group’s Financial Woes Continue as Vietnam Subsidiary Defaults on Loan

sSuncity Group is finding its financial situation increasingly thinner. The casino investor and junket operator is already dealing with a number of problems, but a Vietnamese subsidiary defaulting on a loan makes matters worse. Suncity has lost a lot of the traction it built over the past decades as a result of the arrest of […]

The post Suncity Group’s Financial Woes Continue as Vietnam Subsidiary Defaults on Loan appeared first on Casino.org.

The Star Sydney Casino CCTV Footage Shows Junket Operators Putting Stacks of Cash Into Bags

CCTV footage from 2018 raises concerns of potential money laundering involving a junket operator taking place at The Star Sydney casino.

The post The Star Sydney Casino CCTV Footage Shows Junket Operators Putting Stacks of Cash Into Bags appeared first on VegasSlotsOnline News.

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