From Reuters Gambling revenue in Macau rose 21.1 percent in June year-on-year, buoyed by a steady flow of wealthy mainland gamblers eager to place their bets in the Chinese controlled casino hub. June revenue stood at 28.3 billion patacas ($3.54 billion), according to government data released on Monday. Analysts had forecast June growth in the world’s biggest gambling market, to be up 18-21 percent. Macau is the only place where Chinese people can legally gamble at casinos in the country. Home to half a million people, Macau depends on high spending VIP gamblers, or ‘whales’, who spend 1 million yuan…

From Gaming-Awards.com US Operators with casinos in Macau could face more scrutiny on money laundering following a report from a congressional advisory panel which says U.S. regulators should tighten up scrutiny of casino companies operating in Macau because of the risk of money laundering. The panel Commissioner Michael Wessel said there should be stricter scrutiny of Nevada-based companies that operate in Macau. He said regulators need to “go deeper.” Mr Wessel is a member of the U.S.-China Economic and Security Review Commission, which was established in 2009 to examine implications of the trade and economic relationship between the two countries…

China’s currency controls create incentives for Macau casino crime to launder their winnings through organized crime gangs in Macau, Nevada’s state gaming regulator said on Thursday. Testifying before a U.S. congressional advisory panel investigating money laundering in Macau, A.G. Burnett, chairman of the Nevada State Gaming Control Board, said he regulates three U.S.-owned casinos on the island, but he can only do so much. “The risk, if I can speak frankly, is China’s, and I know that they are trying to crack down on corruption and items that may bring disrepute to them,” Burnett told the U.S.-China Economic and Security…