Macau casinos file surge in suspicious activity reports

Suspicious transaction reports from Macau’s gaming sector jumped 89.1% in the first quarter of 2024 compared to the same period last year according to data from the city’s Financial Intelligence Office.

The casino industry filed 1,125 suspicious transaction reports between January and March, up from 595 in the first quarter of 2023. Overall suspicious activity reports across all sectors in Macau rose 78.7% to 1,460 in the first quarter.

Casinos accounted for the vast majority, or 77.1%, of all suspicious transaction reports filed in Macau during the first three months of the year. No reason was given for the surge in gaming industry reports. Quarterly filings from casinos were up just 2.6% from the final quarter of last year.