GPS News  
TRADE WARS
Crown staff charged in China gambling crackdown
by Staff Writers
Sydney (AFP) June 13, 2017


Up to 18 staff from Australian billionaire James Packer's Crown Resorts have been charged with promoting gambling in China, eight months after being detained, the company said Tuesday.

The marketing employees were seized in raids across China in October, including an executive in charge of luring rich Chinese to Australia, as Beijing cracks down on high-roller gambling promotions.

Crown at the time said 18 staff were being held, but did not mention the number in an update to the Australian stock exchange.

"All detained employees in China as well as those employees released on bail have now been charged with offences related to the promotion of gambling and their cases have been referred to the Baoshan District Court," it said.

"As the matter is now before the court, no further comments will be made," Crown added.

Three Australians were among those formally arrested in China, including Jason O'Connor, the executive vice-president of a Crown division called VIP International.

They are suspected of arranging junkets overseas for wealthy Chinese gamblers.

Gaming is illegal in China and companies are not allowed explicitly to advertise gambling.

Crown operates casinos across Australia and the world, although it has this year undertaken a restructure amid China's gambling crackdown which has driven away many big-spenders and hurt revenues.

Last month Crown sold a remaining stake in its Macau venture to joint-venture partner Melco International, after shelving plans late last year for a Las Vegas casino to concentrate on Australian luxury hotel and casino businesses.

TRADE WARS
China condemns EU for new steel anti-dumping duties
Beijing (AFP) June 10, 2017
China has condemned the European Commission for imposing new anti-dumping duties on its steel products, accusing the EU's executive of making China an industrial scapegoat. The 28-nation bloc said on Friday that it would levy duties of up to 35.9 percent on Chinese hot-rolled flat steel in an attempt to create a level playing field with China as it broadens its campaign to protect Europe's s ... read more

Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Scientists discover plant 'brain' controlling seed development

Myanmar's edible bird nest industry comes home to roost

As temperatures rise, plants take up more carbon

Brexit risks disrupting EU agriculture market, experts warn

TRADE WARS
Seeing the invisible with a graphene-CMOS integrated device

Beyond Scaling: An Electronics Resurgence Initiative

Wafer-thin magnetic materials developed for future quantum technologies

Controlled creation of quantum emitter arrays

TRADE WARS
China rolls out export trainer/fighter aircraft

Elbit supplying F-35 cockpit display replacement

Mitsubishi completes construction of first F-35A

Orbital ATK to produce components for B-2 stealth bomber

TRADE WARS
New benchmark set for global electric vehicle sales

Uber woes mount ahead of workplace probe report

Electric vehicle sales up, but incentives needed to drive growth

New millimeter-wave technology could make future vehicles much safer

TRADE WARS
Chinese exports, imports beat forecasts but analysts wary

China condemns EU for new steel anti-dumping duties

Wonderland Villas: A tale of Hong Kong's property rollercoaster

China factory gate inflation slows to 5.5% in May

TRADE WARS
Decomposing leaves are surprising source of greenhouse gases

Forensic analysis of wood's chemical signatures could curb illegal logging

Canada provides Can$867 mn to beleaguered softwood sector

PNG expedition discovers largest trees at extreme altitudes

TRADE WARS
The heat is on for Sentinel-3B

exactEarth Launches Revolutionary Global Real-Time Maritime Tracking and Information Service

Earth is a jewel, says astronaut after six months away

SES-14 integrates NASA ultraviolet space spectrograph

TRADE WARS
Sensing the nanoscale with visible light, and the fundamentals of disordered waves

Nanosized silicon heater and thermometer combined to fight cancer

Ultrafast nanophotonics: Turmoil in sluggish electrons' existence

Stanford scientists use nanotechnology to boost the performance of key industrial catalyst









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.