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Macau is betting on a new kind of Chinese tourism | China | The Guardian


Macau's police forces have cracked down on casino-related. of gambling-related crimes, to an aggregate of 438 suspected cases in the threeĀ ...
Bigger than Las Vegas: How Macau became the world's casino capital. the environment in Macau was fraught, with organised crime a violentĀ ...
Hong Kong billionaire Stanley Ho transferred nearly his entire ownership stake in his Macau casinos to family members, giving up control of the gamingĀ ...


The Grand Lisboa Casino In Macau China 2016


(PDF) TRIAD ORGANIZED CRIME IN MACAU CASINOS: EXTRA-LEGAL GOVERNANCE AND ENTREPRENEURSHIP | Sharon Ingrid Kwok - krimket.com Casino crimes in macau


Money laundering, scams, theft, and loan-sharking are common crimes in Macau. Wong reported that of the 1,599 criminal cases, 471 ā€“ or almost 30 percent ā€“ were related to loan-sharking.
Macau's police forces have cracked down on casino-related. of gambling-related crimes, to an aggregate of 438 suspected cases in the threeĀ ...
FILE PHOTO: A view of Sands Macao casino is seen in Macau,. Violent crime in Macau has often been linked to its junket operators - theĀ ...



Macau is betting on a new kind of Chinese tourism | China | The Guardian


casino crimes in macau
Macau's police services have seen a double-digit percentage increase in recorded allegations of gaming-related crimes during the first nineĀ ...
FILE PHOTO: A view of Sands Macao casino is seen in Macau,. Violent crime in Macau has often been linked to its junket operators - theĀ ...

casino crimes in macau You may ask: why is it the case and what is the nexus between unlawful detention and the casinos?
VIP room operations depend on junkets, who, legally speaking, act as intermediaries or middle men by bringing high net worth customers to the casinos for gaming and entertainment.
These high net worth VIPs are prominent businessmen, entrepreneurs, or influential elites in China or elsewhere in Asia.
Junkets often bring these customers to the VIP rooms to gamble and casino crimes in macau a more privileged and private gaming experience.
These junket chips are not cash convertible at the cage but it can only be exchanged for money through junkets.
In reality, a junket usually does not require a VIP to pay anything when entering into a casino but a prudent junket usually has a book to record the amount of junkets chips purchased by a particular VIP as if there is a credit line being provided to that VIP.
If first council casino employment newkirk VIP wins and settles the junket chips at the spot, the junket can redeem the junket chips at an agreeable commission with the casino.
The junket pockets the commission and the VIP gets the money.
Both are of course happy.
Due to the economic downturn coupled with the anti-corruption campaign in China, for instance, the VIP may not be able to repay the amount of money he lost in the VIP room.
Some VIPs even flee away from their hometowns and become casino crimes in macau to their junkets.
In some cases, a VIP may obtain a loan from a rogue junket who may have ties with loan sharks and criminals and therefore the VIP may be unlawfully detained until the loan is repaid.
While another possibility is that the junket may be unlawfully detained by the loan shark syndicates if he acts as a guarantor of his VIPs and unwisely takes up the liabilities from his VIPs.
This explains the reason of the some of the unlawful detained cases in 2015 that had direct or indirect linkage with casinos.
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China slams Macau's Suncity in online gambling report


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The Venetian Macao resort and casino, operated by Sands China, a unit of Las Vegas Sands, illuminated at night in Macau, China.XaumeĀ ...


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