Search Results for: alvin chau
Macau casinos seek to replace junket revenues amid crackdown, industry uncertainty
December 23, 2021
Casinos in Macau, the world’s biggest gaming hub, now face uncertainty amid COVID-19 restrictions and an ongoing Chinese govern...
Macau’s Casino King Is Dethroned as Beijing Reins In Offshore Gambling
December 22, 2021
Arrest of junket boss over alleged illegal gambling syndicate targeting Chinese high-rollers threatens VIP revenue that helped ci...
Sanford Analysts Say 30% Of Macau VIP Operations Will Convert To Premium Mass
December 17, 2021
Macau VIP operations to switch to Premium Mass
Suncity head Alvin Chau arrest one major reason for this
VIP market contribu...
Junkets to Survive Without Chinese Gamblers, Asserts Expert
December 17, 2021
Davis Fong, a gaming professor and former lawmaker in Macau, believes that junket operators in the city can survive and thrive. A...
Premium-mass likely to be the new habitat for many Macau junket operators
December 16, 2021
Up to 30% of junket business in the casino hotspot of Macau may reportedly soon abandon the more traditional high-value VIP segme...
Writing on the wall for Macau?
December 14, 2021
Beijing has cracked down on Macau’s gambling business under a new drive for morality, leading to suggestions that its day as a ...
Macau’s gambling operator Suncity ceases junket operations
December 13, 2021
EMBATTLED Macau gambling operator Suncity Group ceased its junket operations as of Friday, according to people familiar with the ...
SJM and Galaxy keep junket-run VIP rooms
December 10, 2021
Macau casino operator SJM (0880) said it will continue its VIP gaming rooms run by junkets until the contract ends as they are not...
Cancellation blow for Macau junket giant Tak Chun Group
December 9, 2021
Asian junket operator Tak Chun Group has reportedly confirmed that the lucrative cooperation agreements it held with Macau’s co...
Wynn Macau to Indefinitely Close VIP Rooms December 20
December 7, 2021
Suncity VIP Rooms at Wynn Macau and Wynn Palace suspended operations Wednesday
An unnamed exec said the closure will see aroun...