Search Results for: Suncity Group
Suncity listco to sell some units, US$16mln gain expected
May 12, 2022
Casino investor Suncity Group Holdings Ltd says it has an agreement to sell two groups of wholly-owned subsidiaries, for an aggre...
Suncity listco calls time on travel business
April 4, 2022
Hong Kong listed Suncity Group says it has decided to permanently cease its travel and related businesses segment, effective imme...
Suncity says 2021 “dark year,” sees Philippines as a bright spot
March 31, 2022
Suncity Group Holdings said 2021 was a “dark year” in the country’s history, but it continues to see opportunities in Asia ...
Macau no longer VIP bet hub of Asia, admits Suncity listco
March 31, 2022
Macau “used to be the gaming mecca in Asia, with VIP gaming as a major source of gross gaming revenue [GGR]” says a firm link...
Macau Golden Group ends all VIP ops on March 30: sources
March 30, 2022
Macau Golden Group, a veteran presence in the city’s VIP gambling market, and a long-term junket-investor partner to local casi...
The Star Sydney Intelligence Officer Admits Allowing Suncity Junket to Operate
March 25, 2022
Australia’s Star Entertainment Group may be in even more trouble as a new inquiry has revealed on Wednesday that the company re...
Suncity warns of 2021 loss, says joint venture in default on $30m loan
March 24, 2022
Suncity Group Holdings said it expects to report a loss of not less than HK$526.5 million for 2021 and said a joint venture compa...
Star moved Suncity operations to unbranded room, inquiry hears
March 24, 2022
Star Entertainment allowed Suncity to continue operating a junket operation from its Sydney casino, even after its CEO Matt Bekie...
Inquiry hears Star kept secretly working with Suncity after junket relationship publicly ceased
March 24, 2022
Australia’s Star Entertainment Group continued working with Macau junket promotor Suncity Group in secret despite informing the...
Suncity Issues Arrive in the US as Vegas Union Seeks Federal Investigation
February 10, 2022
Suncity Group and its legal issues aren’t remaining only in Asia. They have now expanded into the US, with a Las Vegas union as...