Macau authorities detected 1,330 suspicious transactions in 2021

Suspicious transactions grew from 1,215 in 2020 to 1,330 in 2021.
Suspicious transactions grew from 1,215 in 2020 to 1,330 in 2021.

54.6 per cent of the total suspicious transactions registered in 2021 were related to the gaming industry.

Macau.- The Macau Financial Intelligence Office has reported the total number of suspicious transactions related to the gaming industry rose to 1,330 in 2021, up 9.5 per cent year-on-year.

The total number of suspicious transactions rose to 2,435 with 54.6 per cent of reports coming from gaming operators.

Financial and insurance institutions accounted for 32.6 per cent. Reports about other institutions accounted for 12.8 per cent.

In 2020, the gaming industry filed 1,215 STRs in Macau, accounting for 54.6 per cent of reports.

Last November, The Office of the Secretary for Security in Macau also reported that the number of casino-related fraud cases between January and September was 164, the same number recorded in 2018.

In the first nine months of 2020, when the Covid-19 pandemic halted the city’s tourism industry and casino trade, Macau had recorded just 60 casino-related frauds. There were 291 such crimes in the first nine months of 2019 and 175 in 2018.

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