Tag / Junkets

Vietnam says Macau still money laundering capital for China

According to this article in the Saigon Times, casinos in Macau remain the primary source of money laudnering for wealthy people from Mainland China. It refers to a report by China’s national bank which estimates that in 2013, over $202…

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Macau casino revenues drop again on continued financial crime woes

Macau Casino Revenues Drop by Christine Duhaime, BA, JD, Certified Financial Crime and Anti-Money Laundering Law Specialist Follow @cduhaime Casino revenues in Macau fell 3.6% in July for the second month in a row, the first such decrease in monthly…

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Junket operators diversifying even more

Junkets diversifying their businesses into other areas

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Vietnam trying to lure casino investors back

By Christine Duhaime, B.A., J.D., Gaming Attorney & Certified Anti-Money Laundering Specialist Follow @cduhaime Vietnam losing $800M a year in tax revenues After chasing away casino investors such as MGM Resorts last year over regulatory and administrative changes to gambling,…

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