Chinese tourists are shying away from politically explosive Hong Kong, while Macau casinos welcome them with open arms. For the past two week protesters have poured into the streets of Hong Kong demanding the right to free and transparent elections. China and Hong Kong are held together by a “one country, two systems” concept in […]
How does a country without any legal forms of gambling host the biggest-ever real money poker tournament outside of the US? Here’s how. Last week the Beijing Millions poker tournament was held in the People’s Republic of China made unprecedented gambling news. 2,732 people put up to $480 buy-in to enter the tournament, making it […]
Mainland China is not exactly a hotbed of legal casino gambling. But that didn’t stop it from hosting one of the largest poker tournaments in history, the Beijing Millions. The first-ever Pokerstars Asia-Pacific Poker Tour Beijing Millions poker tournament was the largest tournament ever held outside of the US. 2,732 people entered, beating the previous […]
Toni July 3, 2014 15:07:18
Despite not bearing consistency with accepted gaming revenue standards, Chinese University comes up with incredible figures for their market. A research group at Beijing University came up with results indicating that Chinese gamblers spend around 600 billion Yuan ($97 billion) on foreign online gaming sites on a yearly basis. However, the problem is that many […]
Most associate Asia’s burgeoning casino market with wealthy high-rollers, but the data shows that future growth will come from mass market gamblers and vacationers. Asia’s burgeoning casino infrastructure is treated in the gambling news as a “haven for high-rollers.” Junkets transport fabulously wealthy businessmen from across the continent into luxurious casinos in Macau and Singapore. […]
Staff March 21, 2014 12:33:10
Galaxy Entertainment has unveiled plans for $1.6bn casino-less resort to be built on the up-coming Chinese Hengqin Island, which is going under major redevelopment. The Island, which is located just offshore to the thriving Chinese gambling region of Macau, is being groomed by the Chinese to become an exciting tourist destination; although there won’t be […]
Wave of raids and arrests continues The Chinese authorities have detained roughly 5,300 suspects on illegal gambling charges since the first of the year. The Ministry of Public Security highlighted Anhui, Hubei, Liaoning, Fujian and the Guangxi Zhuang Autonomous Region as especially problematic areas. According to Chinese gambling laws, the activity is illegal everywhere except […]
AI S. September 11, 2012 17:09:47
Macau gambling industry grows 5.5 percent to $3.3 billion in August, 2nd best month ever.
Alex Nevsky September 3, 2012 09:54:11
The Macau High Stakes Challenge saw Stanley Choi taking the honors and the $6.5 million prize.
Derek Sebastian May 22, 2012 19:19:09
Macau, the Asian gambling powerhouse, may get a new set of gambling regulations, such as raising the age.
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