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Macau Casinos Declining Because of Corruption
Thursday January 22,2015 : CORRUPTION CLAMPDOWN NOT THE MAIN REASON FOR MACAU'S DECLINE
Top local official says there have been few corruption defendants visiting Macau, and that he has heard nothing that suggests further measures by the mainland government are imminent.
The popular analyst view that Macau's plunging gambling revenues are mainly a consequence of a clampdown on corruption by the mainland government, allied to slowing economic growth, has been disputed by the director of the government liaison office in Macau, Li Gang.
The senior official pointed out to local me1dia this week that very few mainland officials convicted of corruption had gambled in Macau, and said he had no knowledge to support media speculation that the mainland government is to tighten the anti-corruption screws still further, or for that matter is planning to investigate big-spending mainland residents.
Li Gang used the media opportunity to again suggest that Macau needs to diversify its economy by involvement in other industries, and ensure it enjoys an orderly and healthy development in the gambling industry...and he suggested that this is best achieved by further regulation.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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