![]() ![]() —Arthur Ashe |
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23rd February 2018 | SHARE THIS
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The Story | |||||
An abrupt hike on the price of transit visa used by mainland Chinese residents to go to Macau has become a concern for casino operators. |
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The transit visa fee sustained a seven-fold increase. |
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Portuguese-language media outlet Ponto Final reported that the customs office in Zhuhai in Guangdong province had abruptly hiked the transit visa cost from RMB50 (US$7.88) to RMB340 ($53.55). Casinos are monitoring the effects of the price hike, especially since the number of mainland Chinese visitors has been rising steadily in the past few years. Case in point: the Macau Government Tourism Office announced that over 963k visitors traveled to Macau during the week-long 2018 Lunar New Year celebration, up 6.5% from the number who visited last year. |
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The move is seen as Beijing’s way of stunting Macau’s growth. |
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Officials from Beijing have historically tried to rein in Macau’s hot streak. In 2014, when Macau’s casino market reached its all-time peak, Beijing instigated a crackdown on corruption which resulted in a 26-month gaming revenue decline for casinos. |
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The Industry Eye – Season 3, Episode 8 |
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In this episode of The Industry Eye, Ed Pownall tackles the million–pound whack in William Hill’s head, Betsson’s Brexit, and NBA’s insistence for an integrity fee. |
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Blunder at Japanese exchange lets investor buy $20T worth of BTC for free |
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A glitch in the Japan-based Zaif exchange enabled a customer to get BTC worth JPY2,200 trillion (US$20 trillion)—and even had the balls to resell it. |
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Sihanoukville casino boom draws mixed reactions in Cambodia | |||||
The tide of tourists going to Sihanoukville has delighted the government but residents have become upset about Chinese visitors getting rowdy and taking their jobs. |
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Japan proposes launch of baseball–themed sports lottery | |||||
A proposed new baseball-themed lottery product could be released soon after failing to elicit serious opposition from Japan’s pro baseball teams. |
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Ex-Amaya CEO David Baazov’s trial pushed back until April 16 | |||||
The Court of Quebec had postponed the start of Baazov’s insider trading trial after ex-Amaya CEO’s legal team sought for more time to consider the Crown’s evidence against their client. |
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Saipan gaming regulators insist they’re not corrupt | |||||
Regulators in the Commonwealth of the Northern Mariana Islands (CNMI) have refuted allegations of corruption revealed in a Bloomberg article. |
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Spain’s Luckia wins Colombia’s eighth online gambling license | |||||
Spanish operator Luckia’s local subsidiary Luckia Colombia S.A.S. was able to snag the country’s eighth online gambling license since the liberalization of the country’s online market in 2016. |
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Quality Score — refers to the rating given by Google AdWords on the relevance and quality of keywords used in pay-per-click campaigns. Some factors which comprise the score include: expected click-through rates, relevance of ad copy, and landing page quality. |
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Metal Casino goes “All in” with Ozzy Osbourne as mega influencer |
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The “world’s only online casino for hard rockers” has tapped Ozzy Osbourne for its summer campaign which will include a five-part documentary with the Black Sabbath lead vocalist. |
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Congratulations to Casino Professor for being feted as Best Affiliate Newcomer at the IGB Affiliate Awards 2018! The online casino affiliate site has generated almost 8,000 new depositing players in just six months since its launch. |
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Want to be a guest contributor? Email bill@calvinayre.com |
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