Macau’s Judiciary Police announced on Tuesday the arrest in the city of 15 mainland Chinese for alleged involvement in loan-sharking operations targeting casino gamblers.
The police suspected those detained were connected to a scheme that charged gamblers extremely high interest rates. The aggregate principal amount loaned was RMB7 million (MOP8.2 million).
The 15 suspects were believed to have targeted players at Cotai casinos, said local media reports citing the Judiciary Police.
Police think the suspects are linked to an alleged loan-sharking gang the authorities had disrupted earlier this year, further reported local news outlets. Between March and June, a total of 21 people were arrested on suspicion of involvement with that gang.
On Tuesday the police said they were still investigating the whereabouts of the alleged ringleader of the suspected loan-sharking operation.
The office of Macau’s Secretary for Security reported a rise in the recorded number of gaming-related crimes in the first three months of this year. There were 424 such cases recorded by the police during the period, a jump of 15.2 percent in year-on-year terms. The Macau authorities label cases as gaming-related when they take place inside a casino or its surroundings.
During the first three months this year, a total of 105 cases of gaming-related suspected unlawful detention were recorded; an increase of 18 percent year-on-year. Unlawful detention cases are typically associated in Macau with loan-sharking connected to gambling.
Suspected cases of usury – unlawful lending of money – declined by 16 percent year-on-year in the first quarter, to 84 instances, according to the official data.
Aug 16, 2018Food and drink have been heavily marketed as part of Macau...
Jun 27, 2018Macau’s gaming law needs to be amended in order to...
Jun 25, 2018Electronic casino game distributor Asia Pioneer...
Aug 20, 2018The promoter of a new US$1.5-billion casino resort and theme park planned for Manila has issued a clarification on activity occurring at its site, after a local news outlet published an editorial...
Aug 20, 2018
Aug 20, 2018
"If you ask who is controlling [Okada Holdings, the controlling shareholder of conglomerate Universal Entertainment] now, I would say my control was fraudulently taken away from me and I am now doing everything in my power to take it back"
Japanese gaming entrepreneur