10/26/20 Japan: former boat racer jailed for match-fixing A former boat racer has been fined and sentenced to three years in prison for violating Japan’s Motor Boat Racing Law.
10/23/20 China detects US$149bn in cross-border gambling A proposed amendment to criminalise the promotion of gambling is open for consultation.
10/22/20 Singapore: 31 arrested for gambling offences The Singapore Police smashed an illegal gambling ring and arrested 31 people.
10/22/20 Malaysia loses US$724m to illegal syndicates There are six licensed NFOs in the country that report annual revenues of more than US$2.1bn and make tax payments of US$482m.
10/22/20 Crown terminates contracts with Packer’s firm The operator has cancelled contracts with Consolidated Press Holdings (CPH).
10/21/20 IPI proposes alternative to asset sale to cover debt Pacific Rim has asked for the operator’s assets to be sold to cover a US$5.5m debt, but the firm has presented another option.
10/20/20 Crown to face AUSTRAC investigation The regulator is questioning compliance procedures at Crown’s Melbourne casino.
10/20/20 IPI faces another complaint for Saipan casino debts The operator also faces complaints for regulatory violations and breach of contract in Saipan.
10/19/20 Japan: six arrested for illegal gambling Police raided an illegal casino in Tokyo and arrested the manager, staff and two customers.
10/13/20 Gambling execs sentenced in bribery case Two former 500.com advisors have received suspended jail sentences in a case related to Japan’s IR scheme.
10/11/20 Crown Resorts faces probe in second state Victoria will also probe Crown’s lack of controls on junket customers while NSW takes a decision on its Barangaroo licence.
10/09/20 Packer might have to sell Crown stake The Crown Resorts shareholder has described the ongoing New South Wales inquiry as a “painful” and “terribly shocking experience”.
10/08/20 Packer denies knowledge of China risks The former Crown CEO admitted having considered a merger with Lawrence Ho’s Melco and “forgot” about Australian laws.
10/08/20 500.com closes bribery investigation An independent review found there was no violation of the US Foreign Corrupt Practices Act of 1977.
10/07/20 Packer blames disorder for “shameful” behaviour The Australian gaming millionaire has admitted having sent threatening emails but blamed it on mental illness
