Macau Casino Stocks Tumbled Again. Crackdown Fears Are Back.

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Macau Casino Stocks Tumbled Again. Crackdown Fears Are Back.
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Shares in Macau’s casino operators tumbled on Monday, after the chairman of junket operator Suncity Group was reportedly held by police amid allegations of illegal gambling and money laundering.

Alvin Chau was one of 11 people held for questioning, Macau police said Sunday, after authorities in mainland China issued a warrant for his arrest, the South China Morning Post reported.