Tag Archives: hong kong

ICC charges cricketer for breaching Anti-Corruption Code

SBC News ICC charges cricketer for breaching Anti-Corruption Code

The International Cricket Council (ICC) today confirmed that it has charged and provisionally suspended Hong Kong cricketer Irfan Ahmed with an offence under Article 2.4.2 of the ICC Anti-Corruption Code (effective from 10 October 2012 to 10 November 2014). As reported in the Sydney Morning Herald, Ahmed has been charged with the anti-corruption offence after being approached by one of …

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Chinese Police bust 500 billion yuan online betting syndicate

SBC News Chinese Police bust 500 billion yuan online betting syndicate

China’s Federal police force have busted a multinational online gambling syndicate reported to have wagered more than 500 billion yuan (£52 billion) in bets and with a customer base of nearly a million registered members. The arrests were ordered by China’s Ministry of Public Security under fraud investigation Opertion 109. Local news sources report that the investigation into the syndicate …

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Melco Crown delists from Hong Kong Exchange

SBC News Melco Crown delists from Hong Kong Exchange

Australian gambling operator Melco Crown has issued a corporate statement, confirming that conditions for its delisting from the Hong Kong Stock Exchange had been met as of 26 June. Today will represent the last day of trading by Melco Crown, as the operator expects to be fully withdrawn from the Asian exchange by 4pm Friday 3 July. In January Melco …

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HKJC racing undertakes operational & managerial restructure

The Hong Kong Jockey Club (HKJC) racing division is set to undertake an organisational restructure and new appointments in its management, as the Asian gambling operator looks to support its future growth plans. HKJC announced that from 1 August its racing division will be split into two business units, Racing Business & Operations and the Racing Authority Division. The separation …

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SafeCharge targets Asia with 2C2P link up

SBC News SafeCharge targets Asia with 2C2P link up

Payment technology firm SafeCharge has agreed to enter into a strategic partnership with South East Asia-focused payment services company 2C2P. The strategic partnership is expected to extend SafeCharge’s technology product offering to 2C2P’s merchants being, mainly, travel businesses and retailers in South East Asia. Separately, the company has completed a minority investment in 2C2P. The Group has begun the process to connect …

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Webis Holdings MD Garry Knowles steps down

SBC News Webis Holdings MD Garry Knowles steps down

Garry Knowles is to leave Webis Holdings after 10 years at the Isle of Man firm. The group, which until recently operated Betinternet.com, announced his departure yesterday, with almost immediate effect. In an announcement to investors, it said: “The board of Webis announce that by mutual agreement, Garry Knowles will step down as Group Managing Director and terminate his employment …

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Warwick Bartlett on tax – The Only Way is Up

SBC News Warwick Bartlett on tax - The Only Way is Up

 Warwick Bartlett, CEO of Global Betting and Gaming Consultants, discusses how government’s approach taxation means that rates are more likely to go up than down. The most pleasing sight at ICE 2015 was to see some of the younger companies which two years ago took the smallest booths are now spending upward of £250,000 on impressive stands.  Such companies have …

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