• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Macau casino STRs up 44pct in first quarter: watchdog

Apr 25, 2023 Newsdesk Latest News, Macau, Top of the deck  


Macau casino STRs up 44pct in first quarter: watchdog

The number of suspicious transaction reports (STRs) made by Macau casino operators to the city’s authorities rose by 44.1 percent year-on-year in the first quarter of 2023. That is according to data issued this month by Macau’s Financial Intelligence Office.

There were 595 such reports – representing 72.8 percent of all transactions flagged in the city during the period – versus 413 notifications made by the gaming firms in the previous period.

On April 1, the Macau government reported that first-quarter casino gross gaming revenue (GGR) was MOP34.64 billion (US$4.28 billion), up 94.9 percent on the prior-year’s quarter.

The city’s casinos are required to report to the local government any transaction of MOP500,000 or above, although that does not mean that such a transaction will be flagged as suspicious.

The total number of STRs received by the financial watchdog in the first three months of 2023 was 817, an increase of 13.5 percent compared to the prior-year period.

“The change was mainly due to the increase in the number of STRs reported by the gaming sector,” said the intelligence unit.

The tally of flagged transactions from the “financial institutions and insurance companies” sector fell by 28.0 percent year-on-year, to 157. The latest number represented 19.2 percent of all suspicious transactions reported in the first quarter of 2023.

Suspicious transactions under the “other institutions” heading tallied 65, down 27.0 percent year-on-year, and were 8.0 percent of the total.


  • tweet
Related articles
  • Emperor Ent back in black with US$1.5mln interim profit
    Emperor Ent back in black with...

    Nov 29, 2023  

  • Bruno Mars to perform at MGM Cotai in Jan: MGM China
    Bruno Mars to perform at MGM Cotai in...

    Nov 28, 2023  

More news
  • Philippine 2023 GGR likely 5pct up on 2019: consultancy
    Philippine 2023 GGR likely 5pct up on...

    Nov 30, 2023  

  • Macau op premium play reinvestment 17pct of GGR: CLSA
    Macau op premium play reinvestment...

    Nov 30, 2023  


Latest News

Philippine 2023 GGR likely 5pct up on 2019: consultancy

Philippine 2023 GGR likely 5pct up on 2019: consultancy

Nov 30, 2023  

Philippine gross gaming revenue (GGR) could be “US$5.0 billion to US$5.2 billion” for full-year 2023, says industry consultancy GCG Gaming Advisory Services Pty Ltd. Anything toward the top of...
Read More
Macau op premium play reinvestment 17pct of GGR: CLSA

Macau op premium play reinvestment 17pct of GGR: CLSA

Nov 30, 2023  

‘Treasure Island’ enriches Pragmatic Play Live Casino offer

‘Treasure Island’ enriches Pragmatic Play Live Casino...

Nov 30, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”The hotel towers, convention hall, and arena are the cornerstones in Phase 1. The resort is mainly aimed at Koreans first”

Chen Si

President of the Mohegan Inspire Entertainment Resort in South Korea



Most Popular

  • Miriam Adelson selling US$2bln LVS stock to buy sports teamMiriam Adelson selling US$2bln LVS stock to buy sports team November 29, 2023
  • Inspire Arena leads Mohegan debut in Asia gaming resort bizInspire Arena leads Mohegan debut in Asia gaming resort biz November 30, 2023
  • Bruno Mars to perform at MGM Cotai in Jan: MGM ChinaBruno Mars to perform at MGM Cotai in Jan: MGM China November 28, 2023
  • Nomura caution on China economy, China tourism in AsiaNomura caution on China economy, China tourism in Asia November 28, 2023
  • Hokkaido pref assembly LDP members push for IR reviewHokkaido pref assembly LDP members push for IR review November 29, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us