Suspicious Transactions Reports rise for Macau operators in 1H23

The amount of Suspicious Transaction Reports from Macau's gaming operators increased by some 125 percent yearly during the first half of the year, according to the most recent statistics from the Financial Intelligence Office (GIF).

During the six-month period, STRs by the gaming operators totaled 1,392, a sharp increase from the 618 registered in 1H22, but in line with Macau's re-opening, which commenced in January and prompted a flood of punters into the city.
The total number of suspicious transactions reports (STRs) received by the GIF during the first half of 2023 increased by 59.9 percent compared with the same period in 2022, totaling 1,904.
STRs received from the gaming sector made up 73.1 percent of the total STRs reported during the period, while those from the financial sector amounted to just 19.6 percent, at 373. This was actually a 13 percent drop yearly.
The STRs received from other institutions totaled 139, a drop of five STRs from 1H22.

Suspicious transactions Latest news Financial intelligence office GIF Gaming sector STRs

Accelerating currency drop of renminbi pressures Macau tourism market
_2025-01-07UN report reveals growing presence of organized crime in pacific islands casino projects
_2025-01-06Macau GGR to grow 8% in 2025, backed by increasing travel spending: Goldman Sachs
_2025-01-03The overnight disappearance of 8XBet: a brand shrouded in controversy
_2025-01-02Macau’s gaming industry on track for strong 2025 kickoff: Citigroup
_2025-01-02China's president urges Macau to continue diversification drive away from gaming
_2024-12-20

Open in new window
View settings