Marjorie Preston

1 week ago | ggbnews.com | Marjorie Preston

Macau Sees Spike in Gaming-Related CrimeFor Q1, law enforcement in Macau filed 567 criminal incident reports, up 61.5 percent over the first quarter of 2024. Much of the increase has been linked to the recent criminalization of unlicensed currency exchanges. Last June, Beijing launched a crackdown on illicit money-changers, who help gamblers sidestep government controls on capital flight.

1 week ago | igamingbusiness.com | Marjorie Preston

From January through March, law enforcement in Macau posted a 61.5% rise in gaming crimes, filing 567 incident reports, up 61.5% over the first quarter of 2024. The increase has been linked to the recent criminalisation of unlicenced currency exchanges in the casino city. Last June, Beijing launched a crackdown on illicit money changers, who help gamblers skirt government controls on capital flight. Last October, the Macau Legislative Assembly passed legislation making it a crime.

1 week ago | igamingbusiness.com | Marjorie Preston

Thailand Prime Minister Paetongtarn has proposed a massive budget for the 2026 fiscal year, part of a plan to galvanize a stagnant economy. Prime Minister Paetongtarn Shinawatra laid out Thailand’s proposed 3.78 trillion baht ($168.3 billion) budget Wednesday, which could offset some of the impact of US tariff hikes on the Thai economy. The US is Thailand’s leading source of export goods.

1 week ago | igamingbusiness.com | Marjorie Preston

The Singapore Oceanarium will open at Resorts World Sentosa in July. Along with a new hotel, it could help pull Genting Singapore out of a slump. Singapore’s Resorts World Sentosa will open its new Singapore Oceanarium on 23 July, part of an ongoing multiyear expansion project. In a news release Monday, RWS described the attraction as “a landmark institute” that will “deepen understanding” of the undersea world through multisensory storytelling and immersive digital displays.

2 weeks ago | igamingbusiness.com | Marjorie Preston

As Thailand considers legal casino resorts, MGM President of Global Development Ed Bowers warns lawmakers to keep the tax rate low and also let local gamblers play. MGM Resorts International could invest big in the Thailand casino market. But the US gaming giant has a few conditions. MGM President of Global Development Ed Bowers advises Thai lawmakers to keep the tax rate low — in the Singapore range, about 17% — to attract investment in an increasingly competitive Asian market.