Fake chips

jan25

Macau’s Judiciary Police (PJ) has revealed another case of fake casino chips after three mainland men were arrested on suspicion of using such chips to defraud a casino and 11 other people of HK$600,000 (US$75,000).

The incident took place on the evening of 1 January, when the PJ was informed by a casino in Cotai that a dealer had found an unusual chip with a face value of HK$10,000 while at work, which was tested and found to be fake. Casino staff subsequently found the same kind of chips on a number of gamblers.

After investigation, the PJ and casino staff intercepted the three mainland men but they refused to cooperate. The investigation revealed that the men had been exchanging fake chips with gamblers and “money exchange gangs” inside and outside the casino since 8:30pm. One of the suspects also mixed fake chips with real chips and exchanged them for cash in the casino’s cage.

After arresting the three men, police seized 77 fake chips with a face value of HK$10,000 (US$1,250) each, plus HK$17,000 (US$2,125) cash suspected to be the proceeds of crime. The casino was found to have lost HK$20,000 (US$2,500) after counting, while 11 victims lost HK$580,000 (US$72,500) in total.

The PJ charged the three men with substantial fraud and referred them to the Public Prosecutions Office for follow-up.

In addition, the police also found that four of the 11 victims were members of a “money exchange gang ” suspected of committing the crime of illegal exchange, and are following up on the case.

https://asgam.com/2025/01/03/mainland-trio-accused-of-defrauding-macau-casino-of-us75000-via-fake-chips/

ag24

 man from mainland China has been accused of exchanging more than 400 counterfeit casino chips worth over HKD 400,000.

The incident took place on Wednesday when the police received a report from a casino in the NAPE district, stating that the suspect had exchanged HKD 1,000 gaming chips for multiple HKD 10,000 chips.

Following an investigation, the police concluded that the suspect is part of a criminal syndicate that specialises in using counterfeit chips in casinos.

Two other men, also from mainland China, who exchanged counterfeit chips on the same day at the same casino, managed to flee and remain at large.

https://www.macaubusiness.com/nape-casino-defrauded-in-hkd-400000-fake-chip-scam/

 may24

The Macau Judiciary Police has revealed the arrest of five mainland Chinese men and seizure of 585 fake casino chips worth a combined HK$5.85 million (US$748,260). The men are also accused of defrauding a casino of at least HK$1.8 million (US$130,235).

Police received a report from a casino in Cotai on Tuesday that fake chips had been detected. The police carried out an investigation and arrested five men aged between 21 and 28. They seized 585 chips, each with a denomination of HK$10,000.

The five suspects admitted to committing the crime after their arrest and confessed that they had been recruited by a criminal syndicate on the mainland to commit crimes in Macau. The police said it is believed the criminal syndicate has been in operation since March.

The police also revealed the syndicate had a clear division of labor and the fake chips were so well made that it was “difficult to distinguish them with the naked eye”.

It is believed there are still three suspects at large, and police are tracking information of the suspects and the criminal syndicate.

Fake chips are a common occurrence in Macau, with a case last August detecting chips totaling HK$5.7 million.

However, Macau’s concessionaires are in the process of introducing smart gaming table technology which has the ability to detect fake chips via the use of RFID and artificial intelligence.

https://www.asgam.com/index.php/2024/05/02/five-arrested-after-hk5-9-million-in-fake-chips-detected-in-macau-casino/

Comments

Post a Comment

Popular posts from this blog

RFID or smart chips (technology) smart gaming tables (AI)

Image
jan25 Galaxy is reportedly the second gaming operator in Macao to have completed its smart table rollout for mass baccarat, which is by far the  most popular form of gambling  in the SAR. That’s  according  to trade publication Inside Asian Gaming, which cited a note from Citigroup analysts sent on Monday. Analysts George Choi and Timothy Chau’s said an additional 74 smart tables were operating in Galaxy Macau’s “grind mass” area – using an industry term referring to low-stakes mass market gambling – while nine such new tables had appeared at StarWorld. “We believe Galaxy has become the second casino operator in Macao to have fully deployed smart tables for its mass baccarat operations,” they wrote. The concessionaire follows in the footsteps of MGM China, which has reportedly been the SAR’s most  proactive adopter  of radio frequency identification (RFID) technology. [ See more:   ‘Smart tables’ won’t mean less staff, Sands China’s vice chairman says ...
Read more

Macau faces unprecedented challenges in transitioning from gaming industry – University study

 jun23 Macau will face a complex and severe stress test in the future as it continues to transition away from a gaming industry supported by mainland Chinese high-rollers, a recent university study has pointed out. According to a paper jointly compiled by three scholars from the Shanghai Cooperation Organisation Research Institute, the Shandong University, and the University of Macau – Edmund Sheng Li, Zhang Anning, and Yin Yechang, the city will have to address a number of social issues “neglected because of the illusion of ongoing prosperity” brought about by the gaming industry that experienced explosive growth following the city’s return to Chinese rule. These issues, as the ‘A city profile of Macau—The rise and fall of a casino city’ scholars pointed out, are associated with political transformation, livelihoods, governance, and urban planning. The economic recession that accompanied the Covid-19 pandemic, as well as Beijing’s push for an overhaul of the gaming sector, have ma...
Read more

If Macau’s annual GGR reached or exceeded MOP180 billion...

Nov24  Gov’t predicts MOP240 bln in 2025 gross gaming revenue Macau’s government has forecast a total of MOP240 billion (US$29.7 billion) in gross gaming revenue for 2025, compared to MOP216 billion budgeted for the current year. According to the fiscal budget for next year presented to the Legislative Assembly, the authorities are looking to receive MOP121 billion in revenue next year, with expenditure expected to hit MOP113.38 billion – up about 7 per cent year on year. This will result in a surplus of MOP7.7 billion. Meanwhile, the government-initiated programme known as PIDDA is to cost about MOP19.78 billion. A higher GGR is expected to be achievable due to increased visitation amidst a transition in tourism and consumption modes, the budget says. There is an expected rise of 13 per cent from the initial budget for 2024. https://www.macaubusiness.com/govt-predicts-mop240-bln-in-2025-gross-gaming-revenue/ jun24  88.0 percent of the city’s pre-pandemic 2019 GGR Macau is lik...
Read more