Search Results for: Suncity Group
Macao casino operators count cost of junket crackdown
March 4, 2022
After weeks of silence about the abrupt disappearance of the junket agents who had been top sources of clientele for years, Macao...
Macau gaming tax increases in 2021 to MOP$33.91 billion
February 22, 2022
The Financial Services Bureau in Macau has announced the tax payments from the gaming industry for 2021. Last year, a total of MO...
Macau gaming tax climbs 13.8% to almost MOP$34 billion in 2021
February 21, 2022
The Macau government raked in gaming tax of MOP$33.91 billion (US$4.22 billion) in 2021, according to details published by the Fi...
Mainland authorities hail 2021 as most ‘successful year’ in cracking down cross-border gambling
February 18, 2022
Several cross-border gambling groups were destroyed in 2021, making it the year with the most considerable impact on cross-border...
Wynn cites strong signs for Macau’s premium gaming segments over Chinese New Year
February 16, 2022
Wynn Macau Ltd says it welcomed a number of former junket players back to its Macau properties over Chinese New Year, helping pus...
Strong GGR post-CNY suggests “robust” pent-up demand for Macau’s casinos
February 15, 2022
Strong revenue growth in the week following Chinese New Year has been described by analysts as highly encouraging after Macau rec...
NagaCorp executive sees benefits from decline of junket segment
February 10, 2022
The Deputy Chairman of Cambodian integrated resort operator NagaCorp says headwinds facing the Asian junket industry could prove ...
China’s latest CEO arrest is part of a grand plan to transform Asia’s casino capital
February 2, 2022
China has deepened its crackdown on junket operators catering to its wealthiest gamblers.
Macau police on Sunday (Jan. 30) arr...
Levo Chan arrested in Macau for illegal gambling operations
January 31, 2022
Levo Chan Weng-lin, the husband of Taiwanese Actress Ady Ann Yi-xuan, is reportedly arrested in Macau for illegal gambling operat...
Galaxy Entertainment Confirms No More Junket Ties in Macau
January 21, 2022
Long before Suncity Group fell out of favor in the Asian gaming community, junkets were already running into trouble. When Suncit...