Xi Jinping's arrest of 'Junket King' raises stakes for gambling elite

Xi Jinping's arrest of 'Junket King' raises stakes for gambling elite

The chief executive of Suncity Group has been arrested by police in Macau on allegations that he ran online gambling platforms accessible from mainland China, where all betting is banned except for the state lottery. Chau has ...
21 hours ago
from: The Australian

Continue reading...
Alvin Chau, China, Gambling, Macao, Suncity Group
More about this
- November's Revenue Shows Macau Casinos Still Struggle To Recover From Pandemic
What was once the world's largest gambling market is continuing to struggle to rebound from the COVID-19 pandemic as Macau casinos put up another sub pair month in November. According to numbers from the Gaming Inspection & Coordination Bureau, ...
from: CardPlayer.com
- Macau casino junket operator Suncity sinks further after Alvin Chau steps down as chairman
Shares of Suncity Group Holdings, Macau's largest casino junket operator, fell 16.7 per cent on Thursday after its controlling shareholder Alvin Chau Cheok-wa stepped down as chairman.
from: The Star Online
- OPINION – House of the Setting Sun
It has become 'blue-sky' clear central authorities intend to close the 'blackhole' cross border gambling had become for the country's economy, with doubts remaining over how it would deal with the same junket operators with licensed activities in different ...
from: Macau Business
- Xi Jinping's arrest of 'Junket King' raises stakes for gambling elite
The chief executive of Suncity Group has been arrested by police in Macau on allegations that he ran online gambling platforms accessible from mainland China, where all betting is banned except for the state lottery. Chau has ...
from: The Australian
- China wants its casino paradise to become tech Mecca
The Chinese government plans to transform its largest casino den, Macau, into a regional technology hub, the South China Morning Post reported, citing technology industry executives and officials.
from: RT
- CEO arrested: World's largest gambling hub closes VIP rooms in Macau
Suncity Group Holdings, which operates the world's largest gambling hub in Macau, has closed its VIP gaming rooms in the territory after its CEO Alvin Chau was arrested, charged with accusations of money laundering and illegal cross-border gambling.
from: thebl.com
- Success and failure also gambling. Zhou Zhuohua's arrest reflects Macau's situation | Beng Yaju | Xi Mihua | Underworld
December 4, 2021. [Epoch Times December 03, 2021](Hong Kong Epoch Times reporter Li Siqi comprehensive report) Chairman of the Board of Directors of Suncity Group Holdings Limited (01383.HK)Zhou Zhuohua(Alvin Chau) was paid attention to by the media ...
from: The Times Hub
- November's Revenue Shows Macau Casinos Still Struggle To Recover From Pandemic
What was once the world's largest gambling market is continuing to struggle to rebound from the COVID-19 pandemic as Macau casinos put up another sub pair month in November. According to numbers from the Gaming Inspection & Coordination Bureau, ...
from: CardPlayer.com
- Macau casino junket operator Suncity sinks further after Alvin Chau steps down as chairman
Shares of Suncity Group Holdings, Macau's largest casino junket operator, fell 16.7 per cent on Thursday after its controlling shareholder Alvin Chau Cheok-wa stepped down as chairman.
from: The Star Online
- OPINION – House of the Setting Sun
It has become 'blue-sky' clear central authorities intend to close the 'blackhole' cross border gambling had become for the country's economy, with doubts remaining over how it would deal with the same junket operators with licensed activities in different ...
from: Macau Business
- China wants its casino paradise to become tech Mecca
The Chinese government plans to transform its largest casino den, Macau, into a regional technology hub, the South China Morning Post reported, citing technology industry executives and officials.
from: RT
- CEO arrested: World's largest gambling hub closes VIP rooms in Macau
Suncity Group Holdings, which operates the world's largest gambling hub in Macau, has closed its VIP gaming rooms in the territory after its CEO Alvin Chau was arrested, charged with accusations of money laundering and illegal cross-border gambling.
from: thebl.com
- Success and failure also gambling. Zhou Zhuohua's arrest reflects Macau's situation | Beng Yaju | Xi Mihua | Underworld
December 4, 2021. [Epoch Times December 03, 2021](Hong Kong Epoch Times reporter Li Siqi comprehensive report) Chairman of the Board of Directors of Suncity Group Holdings Limited (01383.HK)Zhou Zhuohua(Alvin Chau) was paid attention to by the media ...
from: The Times Hub