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
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 …
Read More »HKJC looks to boost Hong Kong football development
The Hong Kong Jockey Club (HKJC), has partnered with the Hong Kong FA (HKFA) in order to develop football initiatives in the autonomous region. Working alongside executives of the HKFA, the state licensed operator has formed a five year plan to support all levels of football. HKJC will back the plan with a HK $120 million (£11 million) donation targeting …
Read More »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 Today will represent the last day of trading by Melco Crown, as the operator expects to be fully withdrawn from the Asian exchange by 4pm Friday 3 July.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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »ARC’s Tony Kelly to join Hong Kong Jockey Club
Racecourse owner Arena Racing Company has announced that Managing Director Tony Kelly is set to leave the company at the end of July. Kelly will take up the role of Executive Director Racing Business & Operations with the Hong Kong Jockey Club in the autumn. Kelly joined the company in August 2004 as Group Finance Director of Northern Racing Ltd …
Read More »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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