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Chinese underworld entrenched in organised crime in Thailand-Myanmar river border: Report

December 17, 2022
Source: devdiscourse.com devdiscourse.com
News Snapshot:
Chinese underworld floods to Thailand-Myanmar river border as Macao squeeze spawns new gambling and trafficking hubs akin to 'penal colonies,' writes Dominic Faulder in Nikkei Asia. Covid-19 lockdowns and official clampdowns on casino junkets reduced Macao's gambling revenues last year to the lowest level this century, he writes. Casino financiers have been moving out of the former Portuguese colony since at least 2016 to less regulated territories, such as Sihanoukville and Poipet in Cambodia, and later over Thailand's borders with Laos and Myanmar, creating countless unregulated casinos beyond any rule of law, he says. Online gambling technology and infrastructure has...
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