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Macau Anti-Money Laundering Measures Tightened as Beijing Turns the Screws



New anti-money laundering laws in Macau deliver a blow that is fresh its ailing VIP sector.

Macau’s money laundering controls have been strengthened by authorities in Beijing, in a move that will compound the gambling hub’s misery as it reflects this week on two years of consecutive month-on-month financial decrease.

The slump in Macau’s fortunes has been driven by the corruption that is ongoing initiated by Beijing, which is seeking to stem the flow of stolen public money carried by corrupt officials from the mainland into Macau. The drive that is anti-corruption battered the enclave’s junket industry, which facilitates trips for high rollers from China, lending them cash to gamble so as to bypass laws restricting the flow of money into Macau.

The new anti-gambling measures,...

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North Korea Online Gambling Enterprises Gross Over $800 Million Despite Nation’s Strict Anti-Gambling Laws



Kim Jong-un has no qualms killing someone for gambling, despite the fact that his regime is profiting in the vast sums of dollars by running illegal North Korea online gambling enterprises.

Accessing North Korea online gambling websites from in the borders of the totalitarian dictatorship state is an offense punishable by death. But that isn’t stopping leader Kim Jong-un’s federal government in Pyongyang from capitalizing off the market that is illegal.

According to Korea Institute of Liberal Democracy Director Yu Dong-yeol, North Korea is operating numerous online gambling websites that are providing to international nationals. The Liberal Democracy’s objective is to market freedom in North Korea.

Speaking at a defense security conference this week in Seoul, Dong-yeol revealed that the North Koreans have made over $860 million running online video gaming websites and developing and software that is selling international overseas casino companies.

‘North Korea’s Reconnaissance General Bureau and departments relevant to IT operations run the sites,’ Dong-yeol was quoted as saying.

South Korean Defense protection Command Chief Cho Hyun-chun included that North Korea now has some 6,800 hackers working to infiltrate foreign systems.

Hyun-chun said the cyber attacks being carried out from North Korea against its southern neighbor are ‘becoming more bold.’ The defense official

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