Tag Archives: XI Jinping

SBC’s Football Odds Expert Jeevan Jeyaratnam takes a look at one of the more ambitious football leagues in the world – the Chinese Super League – and asks how betting can benefit.  Respectable news sources have recently been suggesting that the Chinese government have offered soon-to-be out of contract PSG star Zlatan Ibrahimovic an insane £59M per annum to ply …

Chinese state-owned fund Tsinghua Unigroup International is reported to have invested $124 million (£80 million) for a 15.2% stake in New York listed Chinese sports lottery operator 500.com, through a purchase of newly distributed shares. Business news sources have reported that Tsinghua will acquire a total of 63.5 million shares in 500.com. The news of the stake purchase by Tsinghua …

Macau’s city census has reported a 13.5% decline to 2.37 million in tourist visits to the province this March, recording its lowest figure since September 2012. The Macau census noted a steep decline of 18% to 1.46 million in tourists arriving from mainland China. The poor tourist results for March, had reversed the slight visitor growth witnessed during January and …

The Chinese Security Ministry has continued its hardened stance against corruption in Macau, by warning mainland officials and Chinese business leaders that they would be monitored if they visited Macau gambling enterprises. The hardened approach to Macau casino enterprises is part of President Xi Jinping’s wider ongoing effort to curve Chinese corruption through the ‘Tigers & Flies’ special taskforce. Xi …

After a decade of expansion, Asian gambling centre Macau has recorded its first ever growth decline, as city casino revenues fell by 2.6% to $44 billion. Asian business analysts expect tougher times ahead for the city, as it recorded a 30% monthly revenue drop this December. The gambling hub has been targeted the Chinese Public Security Ministry as China aims …

Macau’s is set to be targeted by Chinese security chiefs who are preparing to launch a top tier offensive against money laundering and financial crime. China’s Ministry of Public Security will lead the clampdown in Asia’s gambling capital, as Chinese officials aim to attack major crime syndicates operating in Macau. The clampdown forms part President Xi Jinping’s ongoing war on …