Search Results for: alvin chau
Macau casino junket operator Suncity sinks further after Alvin Chau steps down as chairman
December 2, 2021
Suncity Group Holdings shares fell 16.7 per cent following the resumption of trading; suspends its travel-related businesses
C...
Macau’s gaming operators cut ties with junket king Alvin Chau after his arrest on suspicion of illegal cross-border gambling
December 2, 2021
Chau was arrested on Sunday along with 10 others for allegedly offering an illegal online betting platform in the Philippines
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China Faces Surge in Illegal Gambling Cases: 27,000 Filed From Jan-Sept 2024, Up 10% YoY
October 17, 2024
China’s Supreme People’s Court (SPC) reports a staggering rise in criminal cases related to illegal gambling operations. Betwe...
Former Tak Chun Group chair to have reduced jail time, increased financial penalties
January 12, 2024
Levo Chan, the former chairman of Tak Chun Group, was absolved of all fraud charges by the Court of Second Instance in Macau.
A...
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...
Guangdong court reminds on combating cross-border gambling crimes
November 13, 2023
A press announcement from a higher court in Guangdong, mainland China, highlighted "seven classic cases" of combatting cross-borde...
Macau operators no longer pursuing compensation from Suncity
November 13, 2023
Five Macau gaming operators have chosen not to pursue payment from Suncity Junket for alleged payments owed as a result of illicit...
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...
Hoiana recovers from COVID-19 setbacks, welcomes 69,000 visitors in 1H23
October 16, 2023
Hoiana Resort & Golf is deftly surmounting the challenges posed by the COVID-19 pandemic. A notable increase in the number of ...
LET Group subsidiary sells asset for $2.8 million
September 22, 2023
The LET Group Holdings Ltd company in Hong Kong is selling a 100% share in Target Company for RMB20 million ($2.8 million). AGB in...