Macau’s government recorded gaming tax collections of MOP51.19 billion ($6.3 billion) during the first six months of 2026, representing a 13.1 percent increase compared with the same period a year earlier, according to central account budget execution data. The rise in gaming-related tax income helped push Macau’s fiscal surplus to MOP13.28 billion ($1.6 billion) through June 30, marking a 14.7 percent improvement from the MOP11.58 billion ($1.4 billion) surplus reported du

New York Attorney General Letitia James, joined by a bipartisan coalition of 45 additional state attorneys general, has secured a $45 million settlement with Block, Inc. to resolve allegations that the company failed to adequately protect users of its Cash App platform from widespread fraud while misleading consumers about the platform's security. The extensive multi-state investigation concluded that the financial technology company did not implement sufficient identity veri

Hong Kong police have arrested 65 people after launching a major enforcement operation against a suspected criminal syndicate allegedly involved in running illegal gambling establishments, operating unlicensed nightclubs and laundering more than HK$13 million ($1.7 million) in suspected illicit proceeds. The two-day operation, codenamed Thunderbolt and Roaring Tiger, was conducted by the Kowloon West Regional Crime Headquarters in cooperation with the Immigration Department

A detailed evaluation by MONEYVAL has identified meaningful administrative improvements in Armenia’s anti-money laundering and counter-financing of terrorism regime while also pointing to persistent structural shortcomings that continue to undermine the effectiveness of financial crime investigations. According to the assessment, national authorities possess a reasonable understanding of the country's principal financial crime risks, yet operational weaknesses continue to lim