Search Results for: Suncity Group
China Plans Further Crackdown on Gambling After Arrest of Fugitive
August 19, 2022
The Chinese government’s long-standing public show of animosity toward gambling is well-known. However, it’s going to increase...
Sands China Embraces the End of the VIP Salons in Macau Casinos
July 22, 2022
Sands China has announced it is restructuring its VIP rooms at its Macau properties as the era of the junkets and VIP salons in Ma...
Sands China rethinking allocation of VIP gaming space at Macau properties
July 21, 2022
Sands China says it has already begun the process of redeploying former VIP gaming space at its Macau properties as it prepares fo...
Macau VIP baccarat falls below MOP$2 billion in 2Q22, now just 23% of GGR
July 19, 2022
Macau’s VIP segment continued its downward spiral in the three months to 30 June 2022, with figures released by the Gaming Inspe...
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...
Alvin Chau trial to get underway on 2 September
June 21, 2022
A first court appearance in a trial against 21 suspects, including Suncity CEO Alvin Chau, will be held on 2 September, according...
Suntrust issues US$120mln in bonds to Summit Ascent
June 15, 2022
Manila-listed Suntrust Resort Holdings Inc has issued convertible bonds in the principal amount of PHP6.4 billion (US$120.1 milli...
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 ops share junket deposit liability: Macau top court
May 17, 2022
Macau’s Court of Final Appeal announced on Monday sentences in relation to a total of nine cases concerning debt claims involvi...
Wynn Macau Ltd Feels the Heat of Lockdowns and Missing VIPs
May 12, 2022
Wynn Macau Ltd will have to face the facts, and the facts are that the long-term revenue has been impacted by the spate of regula...