Search Results for: macau illegal money
Macau Legislative Assembly says junkets can still access player gambling accounts with consent
August 16, 2022
The Second Standing Committee of the Macau Legislative Assembly has revealed that junkets and agents can deposit funds into player...
Former Tak Chun and Macau Legend head officially indicted
August 10, 2022
The former executive director of junket group Tak Chun and former CEO of the Macau Legend, Levo Chan Weng Li, will be officially i...
Macau Gambling Group Suncity’s Shares Soar Under New Boss
July 8, 2022
A change in majority shareholding has boosted Macau’s embattled Suncity Group Holdings as its stock price more than tripled on ...
Alvin Chau May Have Shorthanded Macau $1B Worth of Tax
July 6, 2022
The fall from grace of Alvin Chau, the prominent casino junket boss in Macau, whose Suncity Group was running an extensive busine...
Macau Casino Stocks Fall as COVID Cases Boom
June 22, 2022
The biggest COVID outbreak to date in Macau, which means new restrictions, social distancing, and a huge amount of testing, resul...
Macau Legend shares still paused in HK on 2021 report delay
June 1, 2022
The shares of casino services firm Macau Legend Development Ltd will remain suspended on the Hong Kong Stock Exchange “until fu...
Alvin Chau indicted for illegal gaming, money laundering
May 27, 2022
Macau’s Public Prosecutions Office has indicted Alvin Chau Cheok Wa (pictured in a file photo), former boss of Macau casino jun...
Macau Legend cleared of irregularities in dealings with Levo Chan
May 23, 2022
The audit firm tasked with conducting an independent review of Macau Legend Development’s business has found no irregularities ...
China Busts $1.6B Illegal Gambling Wring, Arrests 14 People
March 30, 2022
China has a monopoly on gambling in the sense there is no gambling allowed in bar lotteries and the occasional trip across the bo...
Macau Police Officer Purportedly Received Bribes from a Casino VIP Room Operator
March 28, 2022
Macau authorities accused a deputy sergeant in the Traffic Division of Macau's Public Security Police Force of accepting payment ...