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Wynn Macau issues trademark warning against fraud websites

Niji Narayan

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Wynn Macau issues trademark warning against fraud websites
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Wynn Macau Limited, the Macau arm of the global leader in gambling, has issued a warning about an increase in “fraudulent online gambling and investment websites” using the ‘Wynn’ name. The company also warned that these fraudsters are using the names of other legitimate businesses and even governmental authorities.

The company said such fraudulent websites often prominently display logos and trademarks of known entities. “We do not offer online gambling or investment accounts. Websites offering these or similar activities and opportunities that use our names, such as ‘Wynn Resorts (Macau) S.A.’, ‘Wynn’-related trademarks, including our marks for ‘Wynn Macau’ and ‘Wynn Palace’, or similar names or images in likeness to ours, are doing so without our authorization and possibly unlawfully and with criminal intent,” it said.

In the company’s view, its intellectual property assets, “especially the logo version of ‘WYNN,’ are among our most valuable assets.” It is actively reporting such websites and pursuing legal remedies, but also said litigation for this “may be costly and may not be successful in protecting and preserving the status and value of our intellectual property assets.” Wynn Macau operates both the Wynn Macau and Wynn Palace hotel-casinos.

Just last month, in China’s Jiangsu province, police reportedly arrested 56 suspects connected to a ‘transnational’ internet gambling ring whose business amounted to about $1.1 billion. In a separate bust in the same province, police arrested 63 people suspected of involvement in the operation of five gambling sites that were using trademarks of SJM Holdings’ New Lisboa Casino and Sands China’s Venetian.

 

Source: calvinayre.com

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Suncity Launches New VIP Club at Macau’s Rio Hotel and Casino

Niji Narayan

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Suncity Launches New VIP Club at Macau’s Rio Hotel and Casino
Photo Source: agoda.com
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Macau junket firm Suncity Group has launched a new VIP Club at the Rio Hotel and Casino in Macau. It is Suncity’s 8th VIP Club in Macau. Rio Suncity VIP Club comprises a total of four VIP gaming rooms and 12 gaming tables.

The company made global headlines last week after Chinese media published an article accusing Suncity of signing up players who gambled in its Macau junket rooms to online gaming and proxy betting services. Both are banned under Macau and Chinese law.

In response, Suncity Group Chairman Alvin Chau Cheok Wa called a special press conference over the weekend at which he revealed Suncity would not conduct any gaming operations currently outlawed in Macau in any other countries and regions, even if those operations are legally allowed within those jurisdictions.

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Oriental Group Gets Approval for Developing Gaming Hubs to House POGOs

Niji Narayan

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Oriental Group Gets Approval for Developing Gaming Hubs to House POGOs
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Oriental Group, the Asian-based online gaming giant, has got approval form PAGCOR, the gaming regulator in Philippines, to develop two hubs for the purpose of hosting accredited Philippine Offshore Gaming Operators (POGOs). The hubs will be based in Clark and Cavite.

The hubs will not only house the offices of accredited POGOs but also workers’ residences and relevant government agencies. The idea is to make it easier for PAGCOR to regulate the industry.

“We are making business more comfortable and easier for the operators by now licensing POGO hubs. Since it’s easier for us to regulate when they are in hubs, then there are some special privileges there like five-year licenses,” PAGCOR chair Andrea Domingo said.

According to Kevin Wong, General Manager of Oriental Game, the Clark hub which is covering an area of around 10 hectares is already operational and will be able to accommodate 5000 workers once at full capacity. The Cavite hub, which will cost Oriental Game Php8 billion (US$156 million) to build, will cover 20 hectares and house 20,000 workers.

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Sands China Launches Special Financing Support Programme for Local SMEs

Niji Narayan

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Sands China Launches Special Financing Support Programme for Local SMEs
Photo Source: sandschina.com
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Sands China, the integrated resort developer and operator in Macau, has launched a special financing programme for its local SME suppliers, in cooperation with six local banks.

The new financing programme is part of Sands China’s F.I.T. initiative which offers Financial Support, Invitational Matching and Training and Development to local SME suppliers.

Through the Sands China SME Financial Support Programme, six local banks are offering special loans and credit to local SMEs who have contracts or purchase orders with Sands China. The goal is to support the development of local SMEs through faster, easier and more favourable bank financing loan products.

“Sands China is very pleased to be the first integrated resort operator in Macao to present this new financing program for our local SME suppliers. It is important for our company’s growth to go hand-in-hand with the growth of local businesses, and this latest initiative is part of Sands China’s ongoing and long-term commitment to supporting local SME suppliers. We want our presence in the marketplace to provide opportunities for smaller companies in Macao to benefit from the business opportunities that are created as a result,” Dr. Wilfred Wong, president of Sands China Ltd said.

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