Search Results for: Suncity Group
Online gaming sites linked to Suncity Group allegedly amassed turnover of $42 billion
January 9, 2024
China Central Television (CCTV) reports that between 2015 and 2019, mainland Chinese players allegedly paid RMB 300 billion (US$42...
Suncity Group make up one-third of all charges of labor violation in Macau
October 23, 2023
In the preceding legal year, the President of Macau's Court of Final Appeal submitted 182 cases of minor labor violations to subor...
Alvin Chau, the Former CEO of Suncity Group, Sentenced to 18 Years in Jail
January 19, 2023
The trial of Alvin Chau, former CEO of Suncity Group, has finally ended. Macau Court of First Instance sentenced Chau, who was in ...
Bid for Suncity Group – now LET Group – undervalued, says SFC
September 9, 2022
A stock market regulatory panel from Hong Kong – The Takeovers and Mergers Panel of Hong Kong’s Securities and Futures Commiss...
Suncity Group Board Proposes Name Change as It Tries to Escape Dirty Past
July 19, 2022
Suncity Group hopes a new name will help it separate itself from its dubious past, as well as its former leader, Alvin Chau. Forme...
Pagcor says no ‘proof of compliance’ from Suncity Group
May 27, 2022
The Philippine Amusement and Gaming Corp (Pagcor) told GGRAsia it has not yet received “any proof of compliance” from Suncity...
Auditor issues disclaimer of opinion as Suncity Group slips to US$33 million loss in 2021
March 31, 2022
Hong Kong-listed integrated resort operator Suncity Group slipped to a loss attributable to equity holders of the company of HK$2...
Suncity Group found unsuitable to operate in the Philippines
March 29, 2022
Asian junket giant Suncity Group has reportedly been found unsuitable to operate in the Philippines after an official investigati...
Suncity Group’s Financial Woes Continue as Vietnam Subsidiary Defaults
March 25, 2022
Suncity Group is finding its financial situation increasingly troubled. The casino investor and junket operator is already dealin...
Suncity Group flags US$30 million Hoiana loan default, issues profit warning on substantial losses
March 24, 2022
Hong Kong-listed integrated resort investor Suncity Group said Wednesday that the operating entity of its integrated resort Hoian...