Showing 1-10 of 154 results
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Asia’s gamblers cheer wave of legalisation
Bloomberg News, Published on 14/06/2023
» MACAU: In a sea change for the traditionally conservative region, some of the biggest tourism spots in Asia and the Middle East are moving toward building or allowing their first casinos, raising competitive pressure on existing hubs like Macau.
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Two casino giants exploring Thailand
Bloomberg News, Published on 02/06/2023
» Two of the world’s top casino operators are laying the groundwork to potentially establish gambling facilities in Thailand as the industry looks to hedge against a deteriorating outlook in Macau.
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Australian casino group fined US$290m for lax controls
AFP, Published on 31/05/2023
» SYDNEY: Australia's Crown Resorts is set to pay a civil penalty of A$450 million (US$290 million) for lax money laundering controls that saw cash being carried into a casino in paper bags, shoe boxes and suitcases.
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UK may ditch premium listings to boost LSE's appeal
Business, Published on 04/05/2023
» LONDON: The UK is proposing "significant changes to the listing rulebook" in a bid to make London more attractive as a financial centre as moribund capital markets stoke fears about the city's ability to compete with New York and Asian hubs.
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Asian markets rally amid thin Easter weekend trade
Business, Nuntawun Polkuamdee, Published on 08/04/2023
» RECAP: Most Asian markets rallied yesterday after a sell-off the previous day in reaction to more evidence of a US economic slowdown. Trade was thin as many Western markets observed the Good Friday holiday.
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Amlo to seize B4.5bn in MORE-linked assets
News, Published on 10/02/2023
» The Anti-Money Laundering Office (Amlo) is preparing to seize assets worth nearly 4.5 billion baht from More Return Plc (MORE) in a follow-up to regulatory and criminal investigations into irregular trading in its shares last year.
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Online scammers in the crosshairs
Business, Published on 06/02/2023
» Picking up a phone call from a stranger or downloading a malicious app can make life miserable for people who fall prey to call centre gangs or online scammers who have developed several tactics to fleece victims.
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Macau ponders future even as tourists and gamblers return
AFP, Published on 23/01/2023
» MACAU: Macau's streets were packed in the run-up to the Lunar New Year after pandemic controls were abruptly lifted but it is far from business as usual as the Chinese casino hub wrestles with questions about its future.
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Asian shares fall amid tougher rate talk
Business, Nuntawun Polkuamdee, Published on 17/12/2022
» RECAP: Asian shares declined yesterday, as continued interest rate hikes and a steadfast hawkish stance by major central banks fuelled global recession worries and sapped risk sentiment, driving US and European markets down.
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Macau casinos pledge to invest $15 billion
Published on 16/12/2022
» Six Macau casino businesses agreed on Friday to invest a total of 118.8 billion patacas (US$15 billion) after being granted 10-year operating licences, with the bulk of the money pledged to non-gaming projects.
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