Chinese Government Card Swipe Crackdown Hits Macau

Chinese Government Card Swipe Crackdown Hits Macau

Gambling funds obtained through illicit card-swiping in Macau are estimated to 12 percent of mass market turnover. (Image: wikipedia.org/Brenden Brain)

The consequence of Asia’s imminent crackdown on the use of hand-held card swipers is being felt in Macau, with the Wynn Macau witnessing its biggest market decline since October 2011.

Macau’s casino economy has soared within the final few years, so much so that it now eclipses Las Vegas because the gambling capital of the world, nevertheless the Chinese government’s sudden enforcement of a ban on illegal money transfers has investors worried; Wynn Resorts Ltd. fell recently to 8.5 percent at the close in Hong Kong trading, while MGM China Holdings Ltd. dropped 8.2 % for the period that is same. The Galaxy Entertainment Group Ltd., meanwhile, fell 7.6 percent, while Sands China Ltd. dropped 4.6 percent, and SJM Holdings Ltd., 6.6 per cent.

People to Macau from the mainland are permitted to bring only 20,000 yuan ($3,200) into the gambling hub and may also only withdraw 10,000 yuan per day, per card, from money machines. To swerve the restrictions, tourists have the ability to purchase goods from local pawn shops utilizing their debit cards then trade them for neighborhood money with the pawnbroker that is same.

Illegal Card-Swiping Amounts to $6 Billion

However, the increasing usage of card-swiping machines in casinos has perhaps not only caused a slump in Macau’s pawnbro

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Hawaii Latest State to Crack Down on Sweepstakes Parlors

Hawaii Latest State to Crack Down on Sweepstakes Parlors

Hawaii: Sweepstakes machines such as that one happen seized in current raids by Honolulu police. (Image: KITV.com)

A place where one can go on a grand vacation to get away from their troubles for most Americans, Hawaii seems like an exotic destination. Unfortunately for the operators of sweepstakes cafes, the continuing state has decided it’s not really a place where they are going to be able to conceal.

A huge selection of charges have been filed against the owners and operators of sweepstakes machines in a bust that is major Hawaii. A grand jury has returned an indictment that included 414 counts against three establishment owners and six additional employees, including criminal fees of money laundering and promoting gambling.

To date, seven associated with nine individuals charged happen arrested. The 2 people that are remaining Mike Miller and Mike Madali, are in the mainland united states of america. Officials say they shall be arrested on their go back to Hawaii.

Although the arrests and charges were sweeping, the Honolulu Police Department (HPD) has caused it to be clear that their investigation is far from over.

‘Those who possess it in their establishments, it would be wise to remove them because after them,’ said HPD Major Jerry Inouye if they don’t, the HPD will be coming.

Federal Judge Declares Machines Illegal

The move comes after federal judge Leslie Kobayashi granted the city of Honolulu’s motion for su

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UK Gambling Ad Labeled as Seductive Is Banned by ASA

UK Gambling Ad Labeled as Seductive Is Banned by ASA

A TV that is somewhat saucy from UK bookmaker Coral ran afoul of this country’s ad standards council. (Image: Coral)

A TV spot for UK-facing bookmakers Coral is prohibited by the united states’s Advertising Standards Authority because it’s deemed to link gambling with ‘seduction,’ and therefore contravenes gambling advertising regulation in that country.

The TV spot showcased two men in a barber shop who’re reading The Racing Post and discussing whether to spot a bet, when an attractive young girl enters dressed being a jockey. Pausing and then close one man’s jaw she holds up a sign bearing ‘today’s great offer’ the name of a horse and its odds while one of the men places a bet on the Coral mobile app with her riding crop.

Gibraltar-based Coral has protested its innocence, however, claiming that, while the did that is commercial contain an attractive model, it ‘did not consider that it linked gambling with seduction, sexual success or enhanced attractiveness’ and the character did maybe not ‘flirt with or seduce the men and there is no recommendation that the men would be much more attractive or sexually successful after betting.’

Seduction Fills the Air

Nice take to, Coral. We at Casino.org don’t imagine to be specialists in things of seduction, but we’d like to imagine that when an appealing girl dressed as a jockey teasingly closed our gaping jaws with her riding crop it might at least be described as a tiny bit ‘flirt

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