• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 16 May 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Fraud cases derived from “money exchange gangs” up 317% year-on-year in 1H24

Pierce Chan by Pierce Chan
Mon 16 Sep 2024 at 18:03
Fraud cases derived from “money exchange gangs” up 317% year-on-year in 1H24
19
SHARES
487
VIEWS
Print Friendly, PDF & Email

The Office of the Secretary for Security of Macau announced Monday the crime figures for the first half of 2024, revealing the number of fraud cases derived from “money exchange gangs” increased by 267 cases year-on-year, or 317% higher year-on-year.

According to the data, there were also a total of 683 gaming-related investigations in 1H24, a year-on-year increase of 261 cases or 61.8% higher versus the same period in 2019.

Among the gaming-related crimes, fraud cases dominated with a total of 159 cases accounting for 23.3% of the total, followed by loansharking cases, with 122 cases, accounting for 17.9% of the total. Fraud cases from money exchange gangs are published separately and are not included in the gaming-related crime data.

In the first half of the year, the police intercepted a total of 2,215 money exchange gang members, of which 2,072 non-resident gang members were subjected to deportation and prohibition of entry measures, while 1,540 were notified by DICJ of a prohibition of entering Macau’s casino imposed on them.

Police noted that the most significant type of offence derived from “money exchange gangs” in the first half of 2024 was fraud, with a total of 351 cases, an increase of 267 cases and 262 cases compared to the same period in 2023 and 2019 respectively.

Discussing this rise in gaming offences, Secretary for Security Wong Sio Chak pointed to the recovery of Macau’s tourism industry.

“The increase is related to the continued increase in the number of tourists visiting Macau and the recovery of the gaming industry,” he said.

“The police will continue to inspect casinos and their surroundings, focusing on combating illegal money-changing activities. The number of gaming-related crimes in the first half of this year is already significantly lower than that of 2019.”

Police in Macau and mainland China have recently stepped up their efforts to crack down on Macau’s “money exchange gangs” and have set up a special program to follow up. The Macau legislature has also announced plans to criminalize “money exchange gangs” in the near future.

RelatedPosts

Fund established to support Nick Niglio family; memorial video released

Fund established to support Nick Niglio family; memorial video released

Fri 16 May 2025 at 05:05
Sub-concessions axed, license terms amended as Macau government reveals draft revisions to gaming law

Macau gaming tax down 3.9% in April to US$944 million

Fri 16 May 2025 at 04:48
Macau After Dark – MAD 29: Official Highlights Video

Macau After Dark – MAD 29: Official Highlights Video

Thu 15 May 2025 at 10:39
Macau government says it has studied and understands potential impacts of satellite casino closures

Macau government says it has studied and understands potential impacts of satellite casino closures

Wed 14 May 2025 at 11:00
Load More
Tags: 2024Crimefraudgaming-related crimeMacauMoney exchange gangs
Share8Share1
Pierce Chan

Pierce Chan

With more than five years’ experience working as a journalist in Macau, Pierce is an experienced media operator with strong skills in news writing and editing. He previously worked with Exmoo, first as a reporter covering government, gaming and tourism-related stories, then as a Deputy Assignment Editor helping set the agenda of the day. Pierce is a graduate of the University of Macau.

Current Issue

Editorial – Knife’s edge

Editorial – Knife’s edge

by Andrew W Scott and Ben Blaschke
Tue 29 Apr 2025 at 15:14

Thailand’s Entertainment Complex journey is at a critical point, with the success or failure of the initiative to be determined...

The changing face of Macau

The changing face of Macau

by Ben Blaschke
Tue 29 Apr 2025 at 15:09

Inside Asian Gaming takes a deep dive into the new, post-COVID Macau where a revenue environment that seems to be...

Born again

Born again

by Pierce Chan
Tue 29 Apr 2025 at 14:47

Premiering in September 2010 at City of Dreams, The House of Dancing Water was a visionary creation by artistic maestro...

Richard Howarth – Testing the limits

Richard Howarth – Testing the limits

by Ben Blaschke
Tue 29 Apr 2025 at 13:17

Richard Howarth, Chief Business Officer APAC for global testing laboratory GLI, discusses his career journey and his passion for fast-paced...

Evolution Asia
Aristocrat
GLI
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

Vietnam’s The Grand Ho Tram breaks ground on US$1 billion expansion, says government talks ongoing over “growth drivers”

Vietnam’s The Grand Ho Tram breaks ground on US$1 billion expansion, says government talks ongoing over “growth drivers”

by Ben Blaschke
Fri 16 May 2025 at 06:08

Vietnam’s The Grand Ho Tram broke ground Thursday on a new 35-hectare development that will, when complete, add a new five-star hotel complex, luxury resort villas, entertainment amenities and an international convention and exhibition center to its existing offering. The...

Fund established to support Nick Niglio family; memorial video released

Fund established to support Nick Niglio family; memorial video released

by Newsdesk
Fri 16 May 2025 at 05:05

After a recent visit to Ho Chi Minh City in Vietnam by Danny Tang and Andrew W Scott, both friends of the late Mr Nick Niglio, a fund has been established to support Nick’s family. As readers may be aware,...

Sub-concessions axed, license terms amended as Macau government reveals draft revisions to gaming law

Macau gaming tax down 3.9% in April to US$944 million

by Pierce Chan
Fri 16 May 2025 at 04:48

According to data released by Macau’s Financial Services Bureau, the Macau government's revenue from gaming taxes in April was approximately MOP$7.6 billion (US$944 million), a decrease of approximately 3.9% month-on-month. The April tax figure correlates to Macau’s gross gaming revenues for...

Evolution targets Philippines market with release of Super Color Game

Evolution targets Philippines market with release of Super Color Game

by Newsdesk
Thu 15 May 2025 at 12:46

Evolution has launched its latest quickfire live casino dice offering, Super Color Game, offering as many as 18 guaranteed multipliers of up to 1,000x in every game round. Super Color Game joins a new wave of ultra-fast live presenter games...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English