Connect with us
SIS

Asia

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

Niji Narayan

Published

on

Suncity Launches New VIP Club at Macau’s Rio Hotel and Casino
Photo Source: agoda.com
Reading Time: 1 minute

 

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.

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.

Continue Reading
Advertisement
Comments

Asia

Losers and Winners of Online Gambling in China

Niji Narayan

Published

on

Photo source: aljazeera.com
Reading Time: 1 minute

Countless ordinary Chinese people, driven by greed and ignorance, have fallen into online gambling like the moths flying towards the fire.

In 2018, Chinese handset maker Gionee was forced into bankruptcy liquidation. The reason was that Liu Lirong, the owner of Gionee, gambled and lost more than 1 billion Chinese yuan in Saipan Island, leading to a shortage of operating capital and final bankruptcy.

Traditional Confucianism holds that gambling means greed and depravity. Many Chinese literary works and academic studies have portrayed Chinese gamblers and many people think that Chinese people are fond of gambling.

Before the rise of online gambling in many countries, China’s neighbouring countries once set up casinos in border areas with China to attract Chinese tourists and gamblers. Gambling-related criminal cases caused a lot of trouble for the Chinese government. Under pressure from the Chinese government, casinos in many border areas had been shut down.

The rise of online gambling has changed the story. Gaming companies have been able to spread their tentacles into every corner of China with the help of internet.

The reason why the gaming companies in the Philippines employ a large number of Chinese employees is that all of the Chinese employees can speak Chinese and most of the customers they serve are Chinese citizens.

Continue Reading

Asia

Police Bust Online Gambling Ring in Taoyuan

Niji Narayan

Published

on

Photo source: casinotopsonline.com
Reading Time: 1 minute

Police have arrested six people from Taoyuan in connection with an online gambling operation. Among the six, one man is suspected as being the ringleader of the online gambling business.

Police also seized eight computers, two printers, seven mobile phones and other electronic devices, the Police department said.

The gambling website allowed people to place bets on a range of sports competitions being held overseas, including baseball, basketball and football, as well as in Hong Kong’s popular Mark Six lottery. The illegal gambling ring had raked in profits of millions of Taiwan dollars this year based on total bets of NT$2.2 billion (US$70.88 million).

The suspected ringleader has admitted that he was running the gambling site. The case has now been handed over to the Taoyuan District Prosecutors Office for further investigation.

Continue Reading

Asia

Vietnam Police Busts $69 Million Online Gambling Ring

Niji Narayan

Published

on

Photo source: thereshegoesagain.org
Reading Time: 1 minute

Vietnam police have busted a gang that allegedly helped gamblers bet VND1.6 trillion ($69 million) through b8ag.com and arrested 13 people. The authorities have seized cash worth $240,000, eight cars, several computers, phones and other items.

The Ministry of Public Security said that six people would be charged with organising gambling and the others with gambling.

Hoang Lai Nam, 41, of Hanoi, one of the suspects, ran the gambling operation through a multilingual website hosted on an overseas server. It was mainly active in Hanoi, Hai Phong, Thai Binh, Ho Chi Minh and Ba Ria – Vung Tau.

Vietnam has considerably relaxed its stance on gambling as a “social evil,” legalising sports betting in 2017 and allowing people aged over 21 with a monthly income of at least VND10 million ($445) to play in a casino in the southern Phu Quoc Island on a pilot basis. But all other forms of gambling remain illegal.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.