Retendering21-22

  Maintaining game pace, ensuring dealer expertise and the availability of “smart” gaming tables are all important elements if the Macau casino market is to see a successful expansion of a baccarat ‘insurance bet’, a product that sparks some interest among players while also boosting house advantage, say several industry experts spoken to by GGRAsia. Guaranteeing dealers had sufficient training to handle the complexity of ‘baccarat insurance’ rules and payouts would be important if the option were to have a chance of gaining popularity, observed the experts. Baccarat insurance bets have been offered recently at the “Supreme” high-limit rooms at MGM Macau and MGM Cotai, according to a Citigroup  January survey  of Macau premium-table bets. GGRAsia approached MGM China Holdings Ltd, operator of the two properties; and the local regulator, the Gaming Inspection and Coordination Bureau, for comment on the insurance-bet topic, but had not received a reply from either, by the t...

jun26 Chinese President Xi Jinping is calling on Myanmar to “continue to combat criminal activities including online gambling,” as the top officials from the two nations met in Beijing on Tuesday.   Myanmar President Min Aung Hlaing reassured that the nation is “willing to work closely with China to resolutely crack down on online gambling and telecom fraud and safeguard border security and stability,” according to state-run media China Daily .   The meeting comes nearly six months after China executed 11 people linked to scam centers in Myanmar who had been found guilty of intentional homicide, fraud and running casinos. China’s Foreign Ministry spokesperson at the time said that China was working together with Southeast Asian nations “to root out the ‘scourges’ of online gambling and telecom fraud.”   However, the executions came nearly a year after China’s Foreign Minister said that scam parks near the nation’s border with Myanmar had been completely eliminated , prov...