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Macau Now Requires Clean certificate of criminal record required from VIP clients
Thursday January 1,2015 : MACAU WOES CONTINUE WITH ADDED MEASURES
Clean certificate of criminal record required from VIP clients
A directive from Macau’s Gaming Inspection and Coordination Bureau (GICB) informs junket operators of the introduction of a new measure that requires them to be in possession of a clean certificate of criminal record from VIP gambling clients before opening their accounts, effective January 1, 2015.
“This could really impose a big impact on new VIP gaming clients, especially those from mainland China as the new measure would mean more inconvenience for them to have an account here to issue commissions [to promoters] or withdraw gaming capital, and they can only rely on local gaming promoters,” an unnamed VIP gambling industry source was quoted saying by the Macau Business Daily.
The latest measure follows a series of others that include China’s Ministry of Public Security gaining access to transfers made through the China UnionPay card system in a concerted drive to clamp down on money laundering.
According to the newly inducted Secretary for Economy and Finance, Lionel Leong Vai Tac, the Government will continue to focus on regulating the pace of gaming development and monitoring the flow of money through Macau.
“For our upcoming tasks, I believe that to regulate and monitor the [gaming] sector is very important,” Leong said in a press conference late last week. “We’ll seek to regulate the development pace [of casinos] so that they grow at a reasonable scale.
“We’ll also monitor the industry, including the in and outflow of the capital involved, and see to their human resource allocation – with all of these I believe that can assist us in monitoring the industry better, and making sure that the sector is healthy.”
Gambling News :
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NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
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