Retendering21-22

 ou25 Macau’s Judiciary Police recently cracked a fraud case involving gaming concessionaires, where four suspects utilized falsified bank account details to defraud two concessionaires of over HK$17.4 million (US$2.3 million) in “non-negotiable chips”. According to case details released by the Judiciary Police, the four arrested individuals comprise three Hong Kong residents (two males and one female) and one local Macau male. The suspects allegedly applied for gambling loans from four concessionaires in early October 2025, using forged electronic bank account balance documents – including a counterfeit HK$48 million balance statement from a Hong Kong bank -for gambling purposes. Two of the concessionaires declined to grant the loans, while the other two approved them. After obtaining the loans, the suspects withdrew the “non-negotiable chips” in multiple instalments and removed them from the casinos. One concessionaire reported the incident after detecting irregularities, claimin...

 out25 Income generated from inward direct investment by outside investors in Macau’s gaming sector rose by 53.2 percent year-on-year in 2024, standing at MOP30.83 billion (US$3.86 billion), according to data released on Friday by the city’s Statistics and Census Service. Macao’s gaming sector continued to record a net outflow of inward direct investment in 2024, amounting to MOP476 million, but the outflow “narrowed” compared with the previous year, the city’s Statistics and Census Service said. “This was mainly attributable to a decrease in loan repayments by some gaming enterprises to foreign shareholders or overseas affiliates,” it added. As of the end of 2024, the stock of inward direct investment in Macau’s gaming sector totalled MOP142.35 billion, slightly down by less than 0.1 percent year-on-year, the official data showed. The gaming sector remained by far the largest contributor to the city’s total stock of inward dir...

out25:  certain artists do have the power to generate incremental gambling business not only in the resorts that hold them, but also in other Macau properties. FALA DO ESPAÇO AO AR LIVRE Chessman Entertainment has been an organising entity for a number of recent sold-out concerts at Macau casino resorts, including ones by Hong Kong singers Jacky Cheung and by MC Cheung Tin-fu; and the South Korean artists G Dragon and Kyuhyun. Pitching show lineups to suit preferences of gamblers from the Chinese mainland had long been a priority for Macau casino operators, asserted Mr Che. Commentary by some investment analysts has suggested certain artists do have the power to generate incremental gambling business not only in the resorts that hold them, but also in other Macau properties. In post-pandemic times, Macau operators have increasingly considered booking singers or other artists that are favourites with family members of casino customers, or with purely non-gaming clients, observed Mr ...

 out25 Despite its reputation for slot machines and poker tables, Las Vegas’s gaming activities will account for only 26 percent of tourism revenue this year, commented gaming industry expert Niall Murray, speaking at Thursday evening’s  BritCham  event held at the Artyzen Grand Lapa. For Macao, expanding its non-gaming portfolio and rebalancing its economy to match Sin City would be a pipe dream, explained the founder and chairman of Murray International Group, lamenting that “at best we’re about three years behind our regional peers” when compared to neighbouring Hong Kong’s world-class infrastructure or Singapore’s aggressive airport capacity. [ See more :   Gambling on health: Studio City opens its own hospital ] While there is an ongoing push to diversify Macao’s economy beyond the gaming sector, progress has been slow. Collaboration among key stakeholders remains limited, since few concessionaires are willing to sit down with competitors and openly share non-ga...

 https://asgam.com/2025/09/30/downward-spiral/

 out25 Macau police warn of challenges from cross-border crime and new criminal tactics By   Nelson Moura Macau police warn of new crime threats as 35 investigators appointed Macau’s police warned Friday of mounting challenges to the city’s stability as 35 new chief criminal investigators were sworn in, citing the growing complexity of cross-border crime and the fast evolution of criminal tactics. Judiciary Police director Sit Chong Meng said the city “remains generally stable” but stressed that officers must adapt quickly to safeguard public security. “We face new challenges that could disrupt this balance,” Sit told the appointment ceremony. “The task of safeguarding national security and ensuring social stability is more crucial than ever.” The new investigators have undergone extensive training and are expected to strengthen the force’s ability to respond to emerging threats, officials said. Authorities have pledged to step up policing strategies to preserve social order a...