Search Results for: macau illegal money
Macau should move beyond its reliance on gaming revenues
December 7, 2021
The gambling hub’s shortcomings have been exposed as the Covid-19 pandemic has emptied its gaming rooms and Beijing continues i...
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...
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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Shares of gambling group Suncity suspended amid arrests in Macau
November 29, 2021
Shares in gambling group Suncity Group Holdings were suspended from trade on Monday with its chief executive believed to be among...
Macau police arrest 11 people in gambling probe
November 29, 2021
Macau officials said on Sunday that police have arrested 11 people in connection with a money laundering and illegal gambling cas...
Cross-border crackdown: 11-year-old boy among 5,500 arrested in annual Hong Kong-Macau-Guangdong triad sweep
September 7, 2021
More than HK$3.6 billion in betting records seized in break-up of two major illegal gambling operations controlled by triads
I...
Online Gambling in Cambodia Thrives Despite Ban, Raises Concerns
July 8, 2024
Thriving Online Gambling in Cambodia Despite Legal Ban Raises Concerns
Despite gambling being illegal for Cambodians, online bett...
China to give away free lotto tickets to newlyweds
March 4, 2024
A new project in the northwest Chinese city of Xi'an has arisen in response to the country's demographic problems, which include a...
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...