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Showing posts from October, 2025

Crime: Four arrested after defrauding two Macau casinos of HK$17.4 million in non-negotiable chips

 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...

Income from inward direct investment

 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...

SHows /sports (II)

jan26 “A-list” musical artists from the Asia-Pacific region that did 2025 shows in Macau might not repeat that concert cycle this year, and Macau show organisers are sourcing for 2026 a variety of pop acts that could still potentially fill performance venues. So suggested Lawrence Che Fok Sang, chief executive and a founder at Macau-based entertainment production company Chessman Entertainment & Production Co Ltd, in remarks to GGRAsia. Macau saw in 2024 and again in 2025 notable growth in the number of concerts held in the city , noted Mr Che. Many of those were at arenas in Macau casino resorts, though a number were at smaller-capacity venues. Some 2025 highlights for the casino-resort sector were Hong Kong singer Jacky Cheung, and South Korean pop artist G-Dragon. But such “world tour stops” in Macau were part of last year’s cycle, said Mr Che. This year “show organisers would try to bring in concerts or shows from other types of artist – who still have potential to fill the ven...

Macao’s non-gaming ambitions face structural hurdles

jan26 Macau’s six gaming concessionaires have made measurable progress in expanding non-gaming businesses and supporting economic diversification since the new Gaming Law took effect, but the city’s public finances and employment base remain overwhelmingly dependent on the casino industry, according to an academic study published recently. https://agbrief.com/intel/deep-dive/12/01/2026/macau-gaming-firms-boost-non-gaming-revenue-but-fiscal-reliance-on-casinos-remains-high-study/?utm_source=Asia+Gaming+Brief&utm_campaign=7c78170280-AGB%3A+%2302304+Tuesday%2C+13th+January%2C+2026&utm_medium=email&utm_term=0_51950b5d21-7c78170280-%5BLIST_EMAIL_ID%5D&ct=t%28AGB%3A+%2302304+Tuesday%2C+13th+January%2C+2026%29&goal=0_51950b5d21-7c78170280-%5BLIST_EMAIL_ID%5D&mc_cid=7c78170280&mc_eid=31e20475e6 nov25 non-gaming industries provided 56.7 per cent of the total, up 7.8 percentage points from the 2019 level. https://www.macaubusiness.com/non-gaming-contribution-56-7-pct-...