Several others convicted with the fallen junket operator are reportedly launching appeals as well.
Galaxy
Scheme extended until end of March 2023; Labour Affairs Bureau job fairs hampered by applicants’ lack of skills and knowledge.
Taking illegal deposits could land offenders in prison for up to five years, once Legislative Assembly passes proposed bill.
MGM down 10%, Melco and Wynn lose 8%, SJM drops 8% and Galaxy and Sands China close down 5% at end of a tough day’s trading.
Casino boss praises developments in Hengqin and applauds near 100% vaccination rate among staff.
Las Vegas Sands and Wynn Resorts have already turned away from Japan, but Galaxy chairman says the group is seeking out other locations in the country.
Last month’s growth indicated a recovery from last year’s casino takings. However, April’s revenues were still much lower than those in April 2019.
Bosses applaud the end of China quarantine, vaccine roll-out and balance sheet uptick, and look forward to even better results in March and May Golden Week.
The statement said the payment would be awarded to eligible staff at “senior manager” level and below, covering around 98% of the gaming operator’s employees.