Tag Archives: hong kong
- Macau, Hong Kong and Beijing to boost anti-money laundering fight
May 30, 2017
Monetary authorities in Macau, Hong Kong and Beijing are vowing to up their game in the fight against money laundering. On Friday, the Monetary Authority of Macau (AMCM) announced that it had met with its counterparts at the Hong Kong Monetary Authority (HKMA) as well as with representatives of the...
- Extortion attempt eyed in Hong Kong gambling sites DDoS attack
May 9, 2017
Gambling and gaming websites in Hong Kong were hit in April by several distributed denial of service (DDoS) attacks, which intended to take the sites offline and mulct money from the operators, according to a U.S-based cyber security firm. The International Business Times reported that the Security Engineering and Response...
- Analysts: Vietnam a ‘darling’ of South Korean, HongKong gambling investors
April 18, 2017
Investors from South Korea and Hong Kong are lining up to get a piece of Vietnam's prized horse and dog race course and casino projects. This was according to Vietnam foreign investment expert Nguyen Van Toan who said that Vietnam is becoming a darling of South Korean and Hong Kong...
- Hong Kong problem gambling rates continue to decline
April 5, 2017
Hong Kong’s problem gambling rate continues to decline, adding weight to earlier findings that societies tend to adapt over time to the expansion of gambling options. A new study by the Hong Kong Polytechnic University into gambling participation rates by Hong Kong residents showed 61.5% engaged in some form of...
- NagaCorp VIP roll climbs 34% in first quarter of 2017
April 3, 2017
Hong Kong-listed casino operator NagaCorp has printed big number for the first quarter of 2017, including VIP operations, which saw a 34 percent year-on-year growth in the first three months of the year. The company’s unaudited highlights published on Monday showed that VIP rolling chip volume reached US$3.73 billion for...
- Higher terminal sales lifts Paradise Ent’s 2016 revenue
March 30, 2017
Hong Kong-listed gaming device maker Paradise Entertainment Ltd posted 6.5 percent revenue growth in 2016, thanks in part to the higher sales of its live multi-game (LMG) terminals. Paradise Ent. announced that its full-year revenue was approximately HKD1.16 billion (US$149.7 million) due to strong demand for electronic gaming equipment and...