Search Results for: sun city group
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...
Suntrust Resort reports narrowed net loss for 3rd quarter of 2023
November 16, 2023
A substantial decline in net loss was reported by Suntrust Resort Holdings, a LET Group affiliate, for the third quarter of 2023. ...
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...
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...
The New Zealand Gambling Commission is currently assessing the possibility of suspending the casino license held by SkyCity.
September 4, 2023
Original Story by Kelsey Wilhelm for the AGB
The casino operator SkyCity, based in Australia and New Zealand, is currently faci...
City of Dreams parent company Melco Resorts and Entertainment looks to the West; Cyprus property poised to captivate Europe and ME markets
August 3, 2023
City of Dreams Mediterranean GM says property will leverage its Asian success to a new market; poker tournaments, challenges, and ...
Hong Kong casino operator Summit Ascent partners with PH-based Suntrust Resort to secure IR development
July 28, 2023
HK-based Summit Ascent to provide funds to offset Summit Ascent’s interest dues; move meant to protect the investability of Sunt...
Hong Kong-based Asian-Invest Group to erect USD 34M casino in Russia
July 10, 2023
Asian-Invest group to build casino facility in the Russian Far East to open in 2025
Original story by Asia Gaming Brief
Hong...
LET Group Narrows Year Loss, Manila Site Open End 2024
April 4, 2023
Hong Kong-listed LET Group Holdings Ltd, an investor in a number of Asia-Pacific region casino projects, reported in Thursday fili...
Opening of Suntrust Casino Hotel in 2024
March 30, 2023
The Philippines will get a new casino hotel next year! A long-expected Suntrust Resort Holdings Inc will be opened in Manila as a ...