Hong-Kong / casino news and reviews

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China, Hong Kong, Macau Police Dismantle $134m Illegal Gambling Ring

In a significant breakthrough, police forces from Guangdong, Hong Kong, and Macau have successfully dismantled an illegal bookmaking syndicate, leading to the arrest of 93 suspects. The Macau Judiciary Police revealed that the syndicate, which has been operational since 2016, facilitated illegal betting activities involving amounts of at…

Incidents ・ 01 July 2024

Asgam

Palasino Group profit falls in FY24 on costs linked to emerging online gaming business

Hong Kong-listed Palasino Group reported Wednesday a FY24 profit of HK$9 million (US$1.2 million), down from HK$44 million (US$1.2 million) in the prior year due primarily to one-off expenses and online gaming expenses as it establishes its Europe-facing online gaming business. However, the group saw its revenue increase by 7% year-on-year to…

Industry ・ 27 June 2024

South China Morning Post

57 people arrested in Hong Kong over illegal gambling rings that raked in HK$460 million

have arrested almost 60 people in a crackdown on overseas gambling websites that have raked in HK$460 million (US$58.9 million) in illegal bets on football matches, horse racing and card games since the start of the year. The force said on Monday that the 57 people - 49 men and eight women - had been detained as part of an operation code-named…

Incidents ・ 17 June 2024

InvestorsObserver

BORED SLOT Secures $10M from PLUTUS VC and LD Capital, Integrating BAYC NFTs to Revolutionize Social Crypto Slots Gaming

BORED SLOT Secures $10M from PLUTUS VC and LD Capital, Integrating BAYC NFTs to Revolutionize Social Crypto Slots Gaming Sunrise, Florida,, April 10, 2024 (GLOBE NEWSWIRE) -- In a significant development for the crypto gaming landscape, BORED SLOT, a venture by Spin City, announces a $10 million injection from leading tech investors PLUTUS VC and…

Crypto ・ 10 April 2024

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Review Journal

Former Fontainebleau president gets new gig at Station Casinos

The former president of the newest resort on the Strip has left the company. Mark Tricano, who led the Fontainebleau on the north Strip for about seven months, has taken a leadership role at locals casino operator Station Casinos as senior vice president of operations. "Mark is a talented casino executive who not only knows our company well, but…

Industry ・ 21 February 2024

South China Morning Post

Regulation needed for quasi gambling apps in Hong Kong

The advance of technology has made many aspects of our lives just a simple click away on the internet. But it also raises a wealth of ethical and legal questions, some of which warrant a closer look by the authorities. The growing popularity of simulated online gambling games is a case in point. Hong Kong's Consumer Council is to be commended for…

Mobile Apps ・ 31 January 2024

WhaTech

Online Gambling and Betting Market: navigating the digital wagering landscape (2024-2030)

Online Gambling and Betting Market, Riding High on Tech Innovations and Changing Consumer Behavior The global Online Gambling and Betting Market is experiencing substantial growth, driven by the continuous evolution of internet infrastructure, widespread use of mobile devices, increasing urbanization, and rising disposable incomes. The report…

Industry ・ 28 December 2023

Yogonet

A powerhouse partnership: esports in online casinos

Collaboration has always been a way of strengthening companies. This ensures they become a powerhouse that can't be shaken. Partnerships may look different now because of the digital world and technology transforming how we think and perform. Sports and online casinos have always had a close relationship. Most online casinos offer bettors some of…

Industry ・ 07 September 2023

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GGRAsia

HK police arrest 42 for running illegal online gambling op

Hong Kong's police arrested a total of 42 individuals on Wednesday and Thursday for allegedly operating an illegal online gambling platform, which was believed to have been live since March 2022. The criminal group is suspected to have received an average of more than HKD26 million (US$3.3 million) per month in wagers placed through the…

Incidents ・ 01 September 2023

InvestorsObserver

Winacoin: The Community-Driven Crypto Gaming Experience with an Exciting Giveaway Opportunity

Winacoin: The Community-Driven Crypto Gaming Experience with an Exciting Giveaway Opportunity Hong Kong, China, July 05, 2023 (GLOBE NEWSWIRE) -- Winacoin, the revolutionary project merging the worlds of cryptocurrency and gaming, is poised to redefine the gaming industry with its unique offering. Founded by Joe and Jack Dalton, two seasoned…

Crypto ・ 06 July 2023

KTNV Las Vegas

Taste of Asia now open at Suncoast Hotel and Casino

LAS VEGAS (KTNV) - Award-winning restaurateur Karrie Hung has officially opened the doors to the Taste Of Asia restaurant at the Suncoast Hotel and Casino. The menu features dishes like honey walnut prawns, pan-fried potstickers, Mongolian beef, seafood Hong Kong crispy noodles, and scallion stir-fried lobster noodles. The restaurant also features…

Land-based ・ 25 May 2023

Sigma

Hong Kong influencers face jail for gambling promotion

In Hong Kong, seven influencers were detained on suspicion of promoting foreign websites that took bets on World Cup games, local media reports. They are charged for taking pay for their positions. A conviction for encouraging gambling on social media in Hong Kong carries a maximum sentence of seven years in prison and a fine of HK5 million, while…

Incidents ・ 03 December 2022

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Gambling News

Hong Kong Influencers Arrested for Promoting Gambling Websites

Seven Hong Kong influencers have been arrested by the police and are facing up to seven years in prison for promoting gambling websites online. South China Morning Post reported that the Hong Kong police have arrested seven women because they are suspected of advertising gambling websites on their social media channels. Among them is the…

Incidents ・ 30 November 2022

Marketing - Interactive

7 HK influencers arrested for allegedly promoting illegal online gambling

The Hong Kong police have arrested seven influencers for allegedly promoting illegal online gambling that accept bets on World Cup football matches on their social media over the past week. According to the public press conference, chief inspector Chan Ka Ying of the New Territories South regional crime unit said that the police conducted a…

Law ・ 29 November 2022

The Standard

Seven influencers arrested for promoting illegal online gambling

Seven influencers have been arrested by police for promoting illegal online gambling on social media within the week, police said on Monday. According to sources, one of the suspects is 28-year-old actress Bui Yee-lam, also known as Chantale Belle. She previously starred in now-emigrated Hong Kong actor Chapman To Man-chak's podcast. A police…

Law ・ 28 November 2022

Malta Today

Will Qatar allow online betting for the FIFA World Cup 2022

There is a growing sense that the 2022 FIFA World Cup will be a historic occasion, marking the first time that an Arab nation has hosted the event. It is widely understood that in order to meet the commercial, licensing and tax criteria set out by FIFA, the host nation must make significant adjustments to its legislation. Legal notions and…

Gambling Sites ・ 28 September 2022

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AMBCrypto

Candy Club launches the world's first social crypto casino club

14000 projects exist on CoinMarketCap, and regardless of their existence as a layer 1 or 2, a DeFi, NFT, or metaverse protocol, the macro and micro headwinds facing all blockchain projects in this bear market are brutal. How well prepared are crypto projects to survive this bear market? According to Invest In Blockchain industry study, only 36 of…

Crypto ・ 23 September 2022

New Zimbabwe

The richest casino owners in the world

One thing that everyone associates casinos with is money. And while many will head to gaming venues in the hope of winning some cash, it's worth noting that these places are big businesses that make a lot of profit. So, with that in mind, we've checked out just how wealthy some casino owners around the globe are. Lui Che Woo In terms of net worth,…

Sports ・ 21 September 2022

Forbes India

From A Hong Kong Casino To Shell, Boeing, And Ikea, Saravana Kumar Dreams Of Coimbatore's First SaaS Unicorn

In this episode, Saravana Kumar, founder and CEO of Kovai.co, talks about how he bootstrapped his company from one customer - a casino in Hong Kong - to thousands, including Shell, Boeing and Ikea, in a niche software area, growing to a $10 million ARR SaaS venture out of London and Coimbatore.

Finance ・ 24 August 2022

Gambling News

Imperial Pacific International Dodges Losing its Saipan Casino License

IPI has managed yet again to postpone the hearing on the revocation of its monopoly casino license in Saipan The company owes more than $18 million to the Commonwealth of Northern Mariana Islands Casino Commission IPI claims it will settle its debts after an injection of financing but there is skepticism about the truthfulness of this…

Politics ・ 17 August 2022

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How to Register at Cryptocurrency Casinos

In order to play in one of these online casinos, a player must first register. A user name and password will be generated by some casinos automatically, but these can be changed later. Cryptocurrency casinos want to get you in and playing as soon as possible, so they want to make the registration process as simple and fast as possible. After…

Crypto ・ 10 August 2022

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100% up to $20,000 First Deposit Bonus at BitDice Casino

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Bonuses ・ 21 July 2022

Clash Of Slots

200% up to $2,000 + 40FS for Non Crypto First Deposit at BitDice Casino

All new players are eligible to receive a Welcome bonus of BitDice worth 200% of the non crypto first deposit, up to a maximum bonus of 2000$ plus 40 Free spins on Stampede by Betsoft The minimum deposit amount to receive a bonus is $10 (equivalent in any currencies BitDice accepts) Bonus funds are added to player's bonus wallet Activated bonus is…

Crypto ・ 21 July 2022

Market Screener

EXPANDS PARTNERSHIP WITH HONG KONG'S PONG GROUP, OFFERS PLAYERS ALL-NEW DINING REWARDS

PLAYSTUDIOS EXPANDS PARTNERSHIP WITH HONG KONG'S PONG GROUP, OFFERS PLAYERS ALL-NEW DINING REWARDS Players of PLAYSTUDIOS apps can now exchange loyalty points for complimentary dishes, sake, at three PONG dining destinations HONG KONG - In a move that will provide its global community of players with greater access to one of the world's most…

Industry ・ 19 July 2022

Programming Insider

2022 Guide on Best Gambling Practices in Hong Kong

There are tons of tips and advice about how gambling should be done. But there is no perfect practice to adopt, which has made players interested in the holy grail of the gambling world. This article will discuss some of the best gambling practices you can adopt when you play your favorite games on any of the best casino sites from this guide. Here…

Strategy Guide ・ 25 May 2022

Macau Daily Times

Casino at Grand Emperor Hotel to halt operations June 26

The casino at Grand Emperor Hotel will close for business as they will not renew the service agreement with gaming concessionaire SJM, which expires June 26, citing "difficult business environment" due to the Covid-19 pandemic. Emperor Entertainment Hotel Limited stated in a filing to the Hong Kong Stock Exchange that in view of the gloomy outlook…

Covid ・ 04 April 2022

Augusta Free Press

Cloudbet: The world’s premier cryptocurrency casino

If you're a fan of casinos and crypto, you'll already know that there are many crypto casinos online, all of which proclaim to be better than their rivals. This makes picking the best cryptocurrency casino incredibly difficult. So, how can you cut through the noise and judge casinos fairly, while also not wasting hours of your time comparing…

Crypto ・ 29 March 2022

Recent Slot Releases

Global Gambling Industry Report 2022: Information and Data on Activities in 250+ Jurisdictions

The "Global Gambling Report" report has been added to ResearchAndMarkets's offering. This comprehensive Global Gambling Report contains information and data on gambling activities in more than 250 jurisdictions. It is constantly updated with new developments in regulation, taxation and market performance for the sports betting, horseracing, casino,…

Industry ・ 22 February 2022

Gambling News

Hong Kong Influencer Faces Seven Years in Jail Over Illegal Gambling Promotion

The South China Morning Post reported that Hong Kong police have conducted an arrest of a 26-year-old social media influencer who is allegedly tied to illegal gambling. Authorities carried a raid and apprehended So Mei-yan, also known by other monikers as Cry So or So Miu-Miu. The arrest occurred earlier this week on Monday and was prompted by the…

Law ・ 17 February 2022

Social Telecast

How to Play Blackjack: A Beginner's Guide

Blackjack is one of the most popular casino table games, but it can be hard to learn how to play. There are a lot of blackjack experts out there who want to teach you how to play. But when you look at their explanations and instructions they use confusing words and complicated math that's hard for beginners to understand. But don't worry! Keep…

Strategy Guide ・ 30 December 2021

High Stakes

The Best Bitcoin Casinos 2022

In just a few years, crypto casinos have become extremely popular and many players enjoy possibility to play some games with their bitcoins. The popularity is booming, and it seems like crypto casinos are here to stay. We've already seen a lot of websites that offer this kind of service - either as an option or as a primary service - but we would…

Crypto ・ 24 November 2021

Pocket Gamer

Netmarble picks up social casino developer SpinX Games for $2.19 billion

South Korean mobile developer Netmarble has acquired social casino studio SpinX Games for ₩2.5 trillion ($2.19 billion). The deal will see Netmarble purchase 100 per cent of shares in SpinX Games, as the company continues to expand its offerings while now introducing a new genre to its catalogue. Based in Sheung Wan, Hong Kong and set up in 2014,…

Winnings ・ 26 October 2021

YouGovAmerica

Celebrity endorsements: How impactful are they for gambling products?

Collaborations with celebrities, public figures and sports stars have long been a widely used advertising strategy by brands. However, a new international survey by YouGov shows that consumers don't think they work in the gambling sector. In a new survey across 17 markets, YouGov asked consumers how effective they think are celebrities or…

Strategy Guide ・ 21 October 2021

European Gaming

1400 Arrests, $8M Seized in Illegal Gambling at Euro: Interpol

An Interpol operation targeting illegal gambling during Euro 2020 led to 1400 arrests and the seizure of $7.9 million (6.7 million euros) in cash, the Lyon-based global crime agency reported. Thousands of raids in Asia and Europe also resulted in the confiscation of computers and mobile phones connected to almost $465 million in bets. "While most…

Law ・ 16 September 2021

Devdiscourse

Hong Kong shares drop over 1.5% as tech, casino stocks weigh

Hong Kong shares ended lower on Wednesday, dragged down by tech and casino gaming stocks, following reports that Beijing will step up its efforts to promote the development of a "civilized" internet. ** The Hang Seng index closed 1.8% lower at 25033.21, while the China Enterprises Index lost 1.6% at 8936.53 points. ** Tech stocks declined after…

Finance ・ 15 September 2021

The Investor

Netmarble offloads KakaoBank shares ahead of casino game buy

Netmarble offloads KakaoBank shares ahead of casino game buy Netmarble logo (Netmarble) Netmarble sold 133 billion won ($114 million) worth of shares in KakaoBank to secure liquidity, a regulatory filing showed on August 26, ahead of the payment deadline for its acquisition of a social casino game company.This is the second time the mobile game…

Games ・ 27 August 2021

Tech President

Apps to Learn Blackjack Strategy

Blackjack is the second-most-popular casino game of all-time behind slots. It is by far the premium gambling option as far as table games go due to its low house edge and the fact that decision-making plays a drastic role in all results. Anyone that has looked into this game where the goal is to hit twenty-one or get closest to this number without…

Strategy Guide ・ 26 August 2021

The Fintech Times

Netmarble Set to Expand Its Portfolio With SpinX Games Acquisition

Global mobile game leader Netmarble Corp. is set to expand its horizons with a share purchase agreement, leading to the acquisition of the mobile social casino pioneer SpinX Games. The agreement lays down the details for the acquisition of the fast-growing mobile social casino game developer SpinX, which will sell 100% of its shares to Netmarble,…

Industry ・ 09 August 2021

Forbes

Korean Gaming Giant Netmarble Buys Hong Kong Casino App To Further Global Expansion

Netmarble has agreed to buy Hong Kong-based social casino game company SpinX Games for $2.19 billion in a deal that will expand the South Korean gaming giant's business outside its home market amid a surge in gaming during the pandemic. The Seoul-based company says the deal will let the company "continue its global expansion by adding a new genre…

Mobile ・ 06 August 2021

Gambling Insider

SJM H1 net gaming revenue rises 19.4%

Hong Kong-listed SJM Holdings had announced that total group net revenue rose 19.4% year-on-year to HK$5.22bn in the first half of 2021. The results come after SJM Holdings opened the $5bn Grand Lisboa Palace in Cotai. The group's net gaming revenue increased by 18.8% to HK$5076m in the same period a year earlier. Adjusted EBITDA improved by 48.2%…

Finance ・ 04 August 2021

Pulse

Netmarble buying global No. 3 social casino game SpinX for $2.19 bn

South Korean gaming major Netmarble Corp. is acquiring whole ownership in world's third-largest social casino game company for $2.19 billion to reinforce casual game portfolio. Netmarble disclosed on Monday that it would be buying a full stake in Hong Kong-based casino app SpinX Games at $2.19 billion. Shares shot up upon the news, rising 4 percent…

Games ・ 03 August 2021

Business Korea

Netmarble to Take over World's Third-largest Social Casino for 2.5 Tril. Won

Mobile game company Netmarble has decided to acquire "SpinX," the world's third-largest social casino company, in an effort to boost the competitiveness in its overseas business. It has decided to buy a 100 percent stake in SpinX for 2.5 trillion won in cash. If realized, it will go down in history as the largest deal in the game…

Winnings ・ 03 August 2021

Inkedin

Yggdrasil Launch Third Entry In Gigablox Slot Entry

After launching the game-changing concept in June 2020, Swedish iGaming software developer Yggdrasil has released Gator Gold Gigablox, the third entry in its Gigablox slots series. The high-volatility video slot from Cherry AB is situated in the African riverlands, with extra spins, wild multipliers, and up to 4096 chances to win! Throughout the…

Winnings ・ 29 June 2021