Pagcor says no ‘proof of compliance’ from Suncity Group

The Philippine Amusement and Gaming Corp (Pagcor) told GGRAsia it has not yet received “any proof of compliance” from Suncity Group Manila Inc, which would allow the company to regain its suitability in the Philippine gaming market.

Suncity Group Manila is a unit of junket brand Suncity Group. In a report released in March, the Philippine unit, and the group’s founder Alvin Chau Cheok Wa, had been declared “unsuitable to hold any authority/licence to operate a junket business in the Philippines”. The report was by a committee of the country’s casino regulator.

The committee found that Suncity Group Manila and Mr Chau failed – when asked – to return money deposits to Suncity’s clients. After Pagcor made a ruling on the matter, it had ordered the company and the executive to return the deposits “within a period of one month” from receipt of Pagcor’s notice on the matter.

Source: https://www.ggrasia.com/pagcor-says-no-proof-of-compliance-from-suncity-group/