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Chinese Government Card Swipe Crackdown Hits Macau

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Chinese Government Card Swipe Crackdown Hits Macau

Gambling funds obtained through illicit card-swiping in Macau are estimated to 12 percent of mass market turnover. (Image: wikipedia.org/Brenden Brain)

The consequence of China’s imminent crackdown on the usage of hand-held card swipers is being felt in Macau, with the Wynn Macau witnessing its market decline that is biggest since October 2011.

Macau’s casino economy has soared over the last several years, so much so that it now eclipses nevada since the gambling capital worldwide, but the Chinese government’s royal vegas casino no deposit bonus codes unexpected enforcement of a ban on unlawful cash transfers has investors worried; Wynn Resorts Ltd. fell recently to 8.5 percent at the close in Hong Kong trading, while MGM Asia Holdings Ltd. dropped 8.2 per cent for the period that is same. The Galaxy Entertainment Group Ltd., meanwhile, fell 7.6 percent, while Sands China Ltd. dropped 4.6 %, and SJM Holdings Ltd., 6.6 per cent.

People to Macau from the mainland are permitted to bring no more than 20,000 yuan ($3,200) into the gambling hub and might just withdraw 10,000 yuan per time, per card, from money machines. To swerve the limitations, tourists have the ability to purchase goods from local pawn shops utilizing their debit cards and then trade them for neighborhood money with the same pawnbroker.

Illegal Card-Swiping Amounts to $6 Billion

However, the increasing use of card-swiping machines in gambling enterprises has perhaps not only caused a slump in Maca Continue reading

Three English Soccer Players Suspended for Violation of Betting Rules

By / Royal Vegas Casino / Comments Off on Three English Soccer Players Suspended for Violation of Betting Rules

Three English Soccer Players Suspended for Violation of Betting Rules

Three English soccer players have already been fined and suspended for betting against FA policy (Image:CWSL)

The soccer Association (FA) England’s governing human body for soccer has made point of breaking down harshly on players and staff users who violate rules about gambling on matches. Apparently, they’re prepared to get very, very far down the league ladder to find and punish those who break those rules.

Betting Rule Breaches

The FA punished three players from AFC Hayes for admitting to multiple breaches of the wagering rules. Each player was fined and suspended, with the punishments varying in line with the true number of bets created by the players. According to reports, none associated with the players are accused of betting on matches played by AFC Hayes, but they were betting on games within leagues and competitions on which these were contending, which is against FA policy.

It doesn’t make you a bad soccer fan, as even many English fans have only heard the name in passing if you haven’t heard of AFC Hayes, that’s okay. The team plays way down in the Southern League Division One Central, a league composed of semi-professional and amateur squads in the tier that is eighth of soccer. The group’s best achievements in the past royal vegas casino no deposit bonus codes 2018 include winning the Spartan South Midlands League Premier Division South and once reaching the second qualifying round of the FA Cup competition. Attendance at home mat Continue reading

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