Alvin Chau, Suncity’s boss, has been detained in Macau, the world’s richest gambling market. The Wenzhou government has requested Chau’s extradition in order to face a string of criminal charges in Zhejiang. The government claims that Chau orchestrated a cross-border illegal gambling syndicate and warranted issuing an order for his arrest this week. Alvin Chau […]
Star Entertainment Group was the latest to feature in the inquiry initiated by the government in New South Wales (NSW) into the dealings of casino operator Crown Resorts with the junket firm Suncity. The ASX-listed group informed regulators that they switched Suncity to another part of the casino and tasked its internal anti-money laundering and […]
Wakayama Prefecture, one of the candidates to host an integrated casino resort in Japan, announced Monday the selection process regarding its private sector partner to develop the project would be delayed. The two candidates that have been approved for the next round of the process would now have until October 19 to submit their request-for-proposal […]
Suncity Group, the residential and commercial property developer listed on the Hong Kong stock exchange, is expanding its stake in the Philippines property management company Suntrust Home Developers, Inc, after a “CB Subscription Agreement” was signed to see it subscribe to convertible bonds to the amount of $145 million and reach 74.42% share in the […]
Hoiana, a $4 billion project of Hoi An South Development Co Ltd (HASD), has moved one step further after the company was granted a Casino Operating License last week, paving the way for phase 1 development of the property in Vietnam’s Quang Nam province to launch in early 2021. The license to operate a casino […]
