Board of directors appears to distance itself from controlling shareholder following his arrest by police in Macao.
alvin chau
Police swoop on two addresses in Macao, seizing MOP 3 million and computer items; case transferred to Public Prosecutions Office.
Prosecutors in Wenzhou build case against Chau who they allege ran multi-million-dollar network encouraging illegal cross-border gambling.
Prosecutors allege Chau ran vast syndicate in China that encouraged illegal gambling activities; urge him to surrender for ‘lenient punishment’.
Covid-19 claims another financial victim as high-rollers’ club aims to cut costs in the face of the pandemic.
Back in the black for 2020, the group has plans to spread its wings wider with two VIP gaming clubs in Cotai.
As the 2022 concession expiry date looms closer, analysts start to weigh in on the possible scenarios.
Local junket operator Suncity Group Chairman Alvin Chau Cheok Wa said on Saturday that no legal action would be taken against any media.
The budget for the Macau Grand Prix this year is around MOP 200 million, around the same as last year, Sports Bureau (ID) President Pun Weng Kun said during a press conference at Macau Tower on Monday. Pun spoke to reporters about the 63rd Grand Prix after signing an agreement with Suncity Group to sponsor […]
