Canada The actions of the Casinos of Macau falls for fear of reinforced control of the Government
Former B.C. lottery director says he's 'whistleblower' on money laundering at casinos
VANCOUVER — A former director of the British Columbia Lottery Corporation's anti-money laundering office says he is the "whistleblower" that likely prompted the public inquiry examining how hundreds of millions of dollars in illegal cash flowed through the province's casinos. Ross Alderson, who testified for more than four hours Thursday, said he was driven to leak information about the suspected extent of money laundering at casinos and bureaucracy to the activity at top levels. "Did I leak information to the media? Yes I did," Alderson told the Cullen Commission public inquiry into money laundering. "We wouldn't be here today, if I didn't.
The actions of the casinos are down sharply in China after the macao authorities a project of greater political control over the game industry in this city nicknamed the "Las Vegas of China". The losses of some of these institutions are involved in millions of dollars.
This vertiginous fall, which sometimes reaches a quarter of the value of a title, intervenes while a 45-day public consultation has just been launched. It aims to increase the surveillance of the game industry, while the sector already has strengthened control in recent years.
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The Government of this Chinese semi-autonomous region intends to place representatives in the boards of directors of casinos operators. Their role: supervise operations and suppress clandestine banking. Groups submitted to this hardening of restrictions hold the necessary licenses for exploiting casinos at, the only city in China where silver games are allowed.
Macao depends almost entirely of the game industry, up to 55% of its GDP. The island reports more in a week than Las Vegas in one month. The government deplores such dependence on the economy, which is responsible for increasing the cost of living.
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