Categories: FinanceNews

Chinese Officials Arrest 18 Crown Resorts Employees Over Gambling Crimes

There is something very strange going on in the gambling industry right now. More than a dozen employees of Australia’s Crown Resorts Ltd. have been arrested by Chinese officials, according to a company statement. This is a very surprising turn of events, as it remains unclear what has happened exactly. Apparently all detainees are suspected of committing “gambling crimes.”

Crown Resorts Ltd. Employees Are In Legal Trouble

Among the 18 arrested employees are three Australians, all of whom work for the casino giant. While it is true that Crowd Resorts Ltd. wants to attract more Chinese gamblers to their casinos, it is unclear what may have warranted these arrests at this stage. It did not take long for the company’s stocks to go down a slippery slope, as investors are very concerned about this development.

What is even more worrisome is how the company has been unable to make contact with their arrested employees to figure out what is going on. Right now consular officials based in Shanghai are looking to visit the employees and offer any assistance they may need. There is no indication, however, where and when those meetings would take place.

According to the Chinese Foreign Ministry, these arrests are all part of unspecified “gambling crimes”. In China, there are thorough laws when it comes to gambling, which should not be messed with in any case. For now, the investigation is still pending, and we can only hope that more information becomes available soon.



Related Post

It is not the first time that Chinese officials have come down hard on foreign gambling operators. Not too long ago a similar incident occurred involving South Korean casino marketing efforts. It is rather evident that the government wants to keep a tight control over gambling operations in China.

Not all marketing efforts are legitimate, either, where casinos are concerned. The South Korean delegation that got arrested went as far as to offer free hotels, sexual services, and free tours to potential clients. Needless to say, such behavior will not be tolerated in any country, particularly not in China.

At the same time, China is a bit of a conflicted country where gambling is concerned. Mainland gambling activities are illegal under the law. It is possible that these arrests are a result of a misinterpretation of local laws and customs, but for now it is anybody’s guess as to what has happened exactly.

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

10 Trusted Cloud Mining Platforms to Earn Free Bitcoin Daily in 2026

  Cloud mining continues to gain massive traction as 2026 inches closer. In tough economic…

18 hours ago

Jupiter Pushes Onchain Finance Forward With Its Biggest Upgrade Wave Yet

Solana Breakpoint wasn’t just another conference this year. It doubled as a stage for Jupiter…

1 day ago

Ripple Payments Lands First European Bank With AMINA Bank AG

Ripple has scored a major regulatory milestone in Europe. AMINA Bank AG, a Swiss-regulated digital…

1 day ago

a16z’s 2026 Crypto Vision: Stablecoins Surge, Tokenization Grows, and Asia Becomes the Next Battleground

a16z just dropped its annual report, and the message is clear: crypto isn’t slowing down.…

2 days ago

Ethereum Activates BPO-1 Upgrade, Boosting Blob Capacity and Expanding the Network’s Scaling Roadmap

Ethereum has activated BPO-1, a protocol adjustment that increases blob capacity per block from 6…

2 days ago

CryptoBench: AI Meets DeFi, Head-On

CryptoBench just landed. Developed by ChainOpera AI and Princeton AI Lab, under the guidance of…

4 days ago