Asian authorities still hostile to the casino and gambling market
From Macao to Cambodia, many casinos have taken up residence and are being hit hard by the global Covid-19 pandemic. The sector could well lose big by doing the business of the Chinese authorities who mainly target these establishments.
Measures taken in recent years
The confinement has completely changed the turnover of casino operators in the Asian continent. Most of the income comes from millions of Chinese people who make up the bulk of the players. These indications come from two newsletters, Asia Gaming Bulletin and GGR Asia, confirms Asia Sentinel. These two publications announce the existence of a “black list” including some tourist destinations of the 马来西亚网上casino game.
According to the data collected, restrictions will be on the program for Chinese nationals traveling to Asian countries other than Macao. This ban applies to several territories such as the Philippines, Vietnam, Cambodia, Russia and Korea. It must be said that the Chinese government is showing more and more reluctance to face the increase in illegal funds from online games and non-stop video broadcasting. The 线上赌博app money circulates mainly outside the country and attracts the attention of the authorities. As a result, several repressive measures have been taken and are already proving their worth. In June, the Department of Public Security confirmed the arrest of more than 11,500 suspects followed by the removal of 368 gaming platforms and 148 tech programs and seized more than $ 32 billion. The investigation began at the end of February and it was in June that the arrests could be made. The intervention called for the deployment of all the country’s agents in order to eradicate the phenomenon and optimize the fight against cross-border gambling, money laundering, fraud, blackmail, smuggling, trafficking of all kinds. , kidnappings and other criminal activities orchestrated by organized groups active in the gaming industry that do not comply with current regulations. The investigation began at the end of February and it was in June that the arrests could be made. The intervention called for the deployment of all the country’s agents in order to eradicate the phenomenon and optimize the fight against cross-border gambling, money laundering, fraud, blackmail, smuggling, trafficking of all kinds. , kidnappings and other criminal activities orchestrated by organized groups active in the gaming industry that do not comply with current regulations. The investigation began at the end of February and it was in June that the arrests could be made. The intervention called for the deployment of all the country’s agents in order to eradicate the phenomenon and optimize the fight against cross-border gambling, money laundering, fraud, blackmail, smuggling, trafficking of all kinds. , kidnappings and other criminal activities orchestrated by organized groups active in the gaming industry that do not comply with current regulations.
In all, the main steps may have resulted in the closure of 187 online payment platforms and underground banks. During this process, more than 220,000 bank cards were searched and more than 28,100 accounts frozen. The amount of funds involved is over 229 billion RMB, or 32.3 billion US dollars. The dismantling made it possible to identify the criminal telecommunications networks and the 1,200 hideouts used by those concerned. The repression continues and hopes to challenge the instigators of this illegal market as much as possible.