Location: China
China’s economy grows by 5.3% year-on-year in 1Q24, exceeding forecasts
The National Bureau of Statistics (NBS) announced that mainland China’s economy grew by 5.3% year-on-year in the first quarter of 2024,... more
MGM Resorts CEO Bill Hornbuckle among U.S. business leaders who met with China’s President Xi Jinping
MGM Resorts CEO and President Bill Hornbuckle was part of a delegation of US business leaders that met with China’s President Xi Jinping in... more
China consistent on cross-border gambling stance: ministry
China’s “position on cross-border gambling is consistent and clear,” said Lin Jian (pictured), a Ministry of Foreign Affairs spokesperson,... more
International visitation to Las Vegas jumps 39% in 2023
International visitation to Las Vegas jumped by 39% last year, led by a boost from Canadians and travel from the UK, Germany, and... more
China removes official after video games rules spark turmoil
China removed an official at a government body overseeing its press and publications regulator, five sources who were briefed on the matter... more
Suncity’s Alvin Chau pens open letter to China President Xi Jinping
Sentenced to 18 years in prison on charges of fraud, triad offences and illegal gambling, Alvin Chau – former chairman of collapsed Macau... more
Far East given green light to spin-off and list Czech casino business on Hong Kong Stock Exchange
Hong Kong real estate developer Far East Consortium International Ltd said this week it has received approval from the Hong Kong Stock... more
Despite Beijing’s crackdown, junket agents return to lure VIPs to Macao’s casinos
In the wake of Macao’s crackdown on casino junkets and the subsequent COVID-related travel restrictions, casinos are now... more
China online platforms scrap lucky draw features amid gambling crackdown
Chinese online content platforms including Tencent Music (1698.HK) and NetEase’s Cloud Music (9899.HK) have removed live streaming... more
China domestic tourism hit 119% of pre-COVID levels during May Golden Week but international travel still capacity constrained: Fitch
The number of domestic tourism trips taken by Chinese consumers reached 119% of 2019 levels during the recent May Day holiday, aided by... more
