{"id":20471,"date":"2021-07-20T15:29:12","date_gmt":"2021-07-20T15:29:12","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=20471"},"modified":"2026-04-23T17:26:02","modified_gmt":"2026-04-23T20:26:02","slug":"yatai-ploughs-on-with-myanmar-casino-plans","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/yatai-ploughs-on-with-myanmar-casino-plans","title":{"rendered":"Yatai ploughs on with Myanmar casino plans"},"content":{"rendered":"\n<p>Hong Kong-based Yatai International Holdings has begun looking to hire staff despite an ongoing investigation and Covid-19 restrictions.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Myanmar.-\u00a0<strong>Yatai International Holding Group (IHG)<\/strong>, a company based in Hong Kong and run by Chinese investors, is pushing on with controversial plans to develop<strong>\u00a0a US$15bn economic zone<\/strong>\u00a0with luxury housing, hotels, shopping centres, casinos and entertainment.<\/p>\n\n\n\n<p>Although Myanmar is\u00a0<strong>under Covid-19 restrictions<\/strong>, the company wants to move ahead with the process to recruit staff.<\/p>\n\n\n\n<p>According to The Irrawady,\u00a0<strong>the project was suspended\u00a0<\/strong>when the former government formed a tribunal to<strong>\u00a0investigate irregularities\u00a0<\/strong>and residents\u2019 concerns about the social impacts of casinos. Authorities have also expressed concerns over a rise in cross-border crime.<\/p>\n\n\n\n<p>However, the company has decided to start looking for<strong>\u00a0a manager for a five-star hotel<\/strong>, a human resources manager, an accountant and gardeners.\u00a0<\/p>\n\n\n\n<p>Chinese authorities have announced they have added more overseas gambling destinations to the\u00a0<strong>country\u2019s <\/strong><a href=\"https:\/\/focusgn.com\/asia-pacific\/china-continues-to-expand-gambling-blacklist\">blacklist<\/a>\u00a0of destinations to which cross-border transfers are controlled.<\/p>\n\n\n\n<p>Despite the fact that the original list has yet to make public,&nbsp;<strong>the Ministry of Culture and Tourism<\/strong>&nbsp;said it would work with other government departments to \u201csuspend tour groups and arrangement of tourist visas for outbound travel to the recently added destinations.\u201d<\/p>\n\n\n\n<p>According to authorities, the so-called blacklist aims to \u201c<strong>safeguard the lives and financial safety of Chinese citizens<\/strong>.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong-based Yatai International Holdings has begun looking to hire staff despite an ongoing investigation and Covid-19 restrictions.<\/p>\n","protected":false},"author":176,"featured_media":20498,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Yatai International Holdings is proceeding with a US$15bn economic zone development in Myanmar, including casinos, despite ongoing investigations into irregularities, social impact concerns, and fears of increased cross-border crime. Concurrently, Chinese authorities have expanded their blacklist of overseas gambling destinations, restricting outbound tourism and cross-border financial transfers to safeguard citizens. This dual development highlights significant regulatory and geopolitical risks for large-scale iGaming and hospitality projects in emerging markets.","focusai_entities":"Yatai International Holding Group, Ministry of Culture and Tourism","focusai_location":"Hong Kong, Myanmar, China","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.92), operator_casino (0.9), investor_analyst (0.96), payments_fraud_aml (0.85), supplier_vendor (0.75), journalist_researcher (0.93)","focusai_suggestions":[{"label":"Impact of China's Blacklist?","query":"What specific mechanisms will the Chinese government employ to enforce its blacklist of overseas gambling destinations, and how will this impact the projected GGR and NGR for integrated resorts targeting Chinese clientele?"},{"label":"Myanmar Regulatory Framework?","query":"What are the precise regulatory and governance deficiencies cited by the Myanmar tribunal in its investigation of Yatai International Holdings, and what is their potential impact on the project's B2B\/B2C licensing and operational continuity?"}],"footnotes":""},"categories":[28,16331],"tags":[23907],"class_list":["post-20471","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-elsewhere-news","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=20471"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20471\/revisions"}],"predecessor-version":[{"id":20506,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20471\/revisions\/20506"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20498"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=20471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=20471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=20471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}