Alvin Chau denies involvement in online gambling operations

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AGB - Asia Gaming Brief

Suncity's online gambling wagering exceeded $42.2 billion, reported the State-owned TV

The report from CCTV has unveiled details of the cross-border gambling operations, including the scale of the online gambling business, affiliates' requirements, and how the online gambling group received and settled gambling funds. CCTV noted that Alvin Chau started an online gambling business in the Philippines targeting Chinese nationals in…

Incidents ・ 08 January 2024

Macau Business

Chinese punters placed RMB300 bln in bets linked to Suncity online gambling

Mainland Chinese gamblers had contributed over RMB300 billion (MOP339 billion/USD42 billion) to online gaming activities led by former Suncity Group boss Alvin Chau, China Central Television has reported. According to a CCTV report on Monday, a court in Wenzhou, Zhejiang province, believes that the junket operator could have pocketed around RMB8.7…

Incidents ・ 08 January 2024

Gambling News

Macau Police Busts Illegal Gambling Scheme and Arrests 15 People

The Macau Daily Times reported that the arrested Macau residents of ages 29 to 66 years old were allegedly part of an illegal online gambling business operated on overseas servers. At a press conference that took place on January 12, the Macau Judiciary Police announced that it had acted together with the Guangdong Province police and together the…

Incidents ・ 15 January 2023

Vegas Slots Online

Macau Casinos Seek $16.8m in Damages in Tak Chun Trial

Four casino operators in Macau are seeking damages totaling MOP$135m (US$16.8m) from the defendants in a major illegal VIP gambling case. Former chairman of Tak Chun Group Levo Chan is currently on trial, alongside nine other defendants. MGM China, SJM Resorts, The Venetian Macau, and the Wynn Macau are all seeking the multimillion-dollar payout in…

Incidents ・ 06 December 2022

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Casino Guru

Suncity may have helped customers register online gambling accounts

The fall of Suncity Group, a junket operator running in Macau, was one of the most debilitating enforcement actions against the regulated gambling industry in the special administrative region. Much of this may have been deserved, as the defendants in the trial have given various accounts, some of which could point to the company coloring around…

Travel ・ 01 October 2022

Gambling News

Defendant Admits He Helped Suncity Customers Open Online Gambling Accounts

The court proceedings against a group of former Suncity Group employees continue with full force after Chinese authorities cracked down on the junket operator uncovering illegal gambling activities, side-betting operations, fraud, and other violations. In the course of the hearings, which have been going on for the past nine days, one more…

Trust and Safety ・ 29 September 2022

European Gaming

Macau Gambling Boss Denies Illegal Gambling, Criminal Syndicate Allegations

A well-known Macau gambling boss in China's special administrative region of Macau denied charges including enabling illegal gaming, running a criminal syndicate and money laundering at the start of his trial on Monday. Alvin Chau was chairman of Macau's Suncity junket - which brokers the gambling activity of Chinese high rollers - until December…

Law ・ 22 September 2022

Asgam

Suncity executive Cheung Yat Ping denies involvement in online gambling as text records highlight discussions around Philippines proxy betting

A senior executive of Macau junket operator Suncity Group told prosecutors on Wednesday that he and the company were not involved in online gambling, despite text messages of past conversations alluding to the operation of proxy betting in the Philippines. On the third day of the trial of 21 people, including former CEO Alvin Chau, following their…

Jobs ・ 21 September 2022

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China says 42,000 cross-border gambling cases detected in past three years

China's Ministry of Public Security (MPS) says it has made every effort to crack down on illegal cross-border gambling over the past three years, detecting 42000 cases of cross-border gambling between 1 January 2020 and 31 March 2022. Together with other economic crimes, a total of RMB190.5 billion (US$28.3 billion) in economic losses were…

Travel ・ 10 May 2022

Vegas Slots Online

The Star Sydney Casino CCTV Footage Raises Concerns

CCTV footage from The Star Sydney casino back in 2018 has thrown up some serious concerns about money laundering at the property. The release of the footage came as part of an ongoing royal commission into the casino. junket operator was running its own private gaming salon The video shows a worker for the Macau-based junket operator SunCity…

Sports ・ 23 March 2022

Yogonet

US casino workers union calls for federal probe into Macau's junket SunCity's link with US casinos

The International Union of Operating Engineers Local 501, which represents over 2000 members working in Las Vegas casinos, on Tuesday called for a coordinated U.S. federal investigation into Macau's largest gambling junket operator SunCity Group and its historical relationships with U.S. gaming companies. In separate letters to the U.S. Justice…

Politics ・ 11 February 2022

Macau Business

Las Vegas casino worker union calls for US federal investigation on gaming operators’ former ties with Suncity

A Las Vegas casino workers union has called for a coordinated US federal investigation into former junket operator Suncity and its former business ties with US-linked gaming companies. The public statement was issued by the International Union of Operating Engineers, Local 501, which represents over 2000 members, primarily construction workers who…

Land-based ・ 09 February 2022

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Macau Business

Police arrest two in illegal gambling crackdown, Tak Chun boss Levo Chan among detained

The Judiciary Police (PJ) announced today (Sunday) two people in the junket sector were arrested on Friday for alleged crimes of engaging in illegal gambling activities, running a crime syndicate and money laundering. The authorities did not identify the two suspects, only referring to them as two Macau male residents - one surnamed Chan and aged…

Law ・ 30 January 2022

High Stakes

80,000 Arrests as Chinese Gambling Crackdown Continues

More than 80000 arrests for cross-border gambling were made by the Chinese authorities last year, with over 2200 illegal online gambling platforms shut down in the latest crackdown. The arrests and closures were the result of 17000 separate cases investigated by China's Ministry of Public Security, which also resulted in 1600 illegal payment…

Incidents ・ 25 January 2022

GGRAsia

Junkets to find players beyond China: Clark casino boss

VIP gaming promoters, and in particular the ones based in Macau, will "find a way" to serve high-value customers from outside mainland China, says the boss of the newly-revamped Hann Casino Resort in Clark, in the Philippines. "I think junket operators in Macau will find a way to spread out in different jurisdictions" serving players other than…

Covid ・ 10 January 2022

Gambling Insider

Macau casino revenues under threat as junket-operated VIP rooms to close

Several casinos in Macau have reported they are to close VIP rooms run by junket operators, in news that will come as a blow to the local gambling industry. Wynn Macau, an operator with two casinos in Macau, and Melco Resorts & Entertainment, which owns three, have announced their intention to close these VIP rooms by the end of December. The news,…

Finance ・ 07 December 2021

GGRAsia

Several Manila casinos confirm no current Suncity ops

Two casino resorts in the Philippine capital Manila have confirmed to GGRAsia they no longer have links to junket brand Suncity Group and say respectively that the separation was some time ago; an on-site check at a third casino venue shows that a Suncity-branded room has not been open since early last week. The information comes as all Suncity VIP…

Travel ・ 06 December 2021

Gambling News

Macau Confirms Closure of Suncity VIP Rooms in the City

Macau's gaming regulator has confirmed Wednesday night that all VIP gaming rooms operated by Suncity Group, a junket operator in Macau, have been closed. Alvin Chau, the now-former head of the junket operator, was arrested on Saturday for allegedly organizing illegal gambling, including online gambling, via the Philippines, China, and other…

Jobs ・ 03 December 2021

Asgam

Suncity’s Philippines subsidiary says Manila hotel-casino development unaffected by Alvin Chau arrest

Development of Suncity Group's US$1 billion Manila hotel and casino project will continue as planned despite the arrest of Suncity Chairman Alvin Chau this week, according to the group's Philippines subsidiary. In response to queries from the Philippine Stock Exchange, Suntrust Home Developers Inc, which is 51% owned by Suncity, said it "does not…

Incidents ・ 02 December 2021

Radio Free Asia

China arrests Macau casino chief in crackdown on cross-border gambling

Macau's Suncity casino operator has shut down its VIP rooms following the arrest of CEO Alvin Chau on suspicion of cross-border gambling and money-laundering, Reuters reported on Wednesday, as the ruling Chinese Communist Party (CCP) seeks to curb what it sees as a dangerous outflow of capital from mainland China. The move will slash the number of…

Incidents ・ 01 December 2021

Market Screener

Arrest of Macau's 'junket mogul' rattles the world's largest gambling hub

Alvin Chau, the CEO of gambling group Suncity Group Holdings Ltd, is the founder of the biggest of Macau's junket operators - outfits that bring in high rollers to play at casinos. He was arrested on Sunday by Macau authorities over alleged links to cross-border gambling. A warrant for his arrest has also been issued in China. Analysts say his…

Incidents ・ 01 December 2021

Reuters

Macau gambling group Suncity's shares plunge after CEO arrested

HONG KONG, Nov 30 (Reuters) - Shares of Macau gambling group Suncity Group Holdings Ltd (1383.HK) slumped 40% in resumed trade on Tuesday after its CEO was arrested over alleged links to cross-border gambling. The company said he intends to resign. Alvin Chau, also the founder of Macau's biggest junket operator which brings in high rollers to play…

Industry ・ 30 November 2021

Global Times

Over 63,000 are accused of opening casinos in the first nine months this year: top Chinese prosecutor

Over 63000 are accused of opening casinos in the first nine months this year: top Chinese prosecutor Guests play slot machines on the gaming floor during the launch of full-scale sports betting at Dover Downs Hotel and Casino in Dover, Delaware, US. Photo: VCG A total of 63238 individuals in China were accused of illegally opening casinos between…

Incidents ・ 29 November 2021

Aljazeera

Macau police arrest 11 for alleged illegal gambling

Arrests come a day after junket mogul Alvin Chau is questioned by police in the special administrative region. Macau police said they had arrested 11 people in an investigation into an illegal gambling and money-laundering syndicate, a day after businessman Alvin Chau, who organises trips to Asian casinos for big-spending gamblers, was questioned…

Law ・ 29 November 2021

Spectrum News

China issues warrant for Suncity boss over illegal gambling

BEIJING (AP) - Macao police on Saturday detained the head of Macao's biggest junket organizer and others after Chinese authorities issued an arrest warrant for them over accusations that they ran an illegal cross-border gambling syndicate. The arrests in the gambling enclave came after prosecutors in Wenzhou, in the eastern province of Zhejiang, on…

Law ・ 27 November 2021