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Tag: Alvin Chau

China Busts $100bn Philippines Online Gambling Platform

MPS makes arrests in China The Chinese Ministry of Public Security (MPS) arrested 93 suspects on home soil connected to an illegal RMB 725.5bn ($100.8bn)...

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Macau’s Junket Billionaire Alvin Chau Gets 18 Years in Jail for 100+ Charges

Gambling kingpin jail-bound The Court of First Instance in China’s Special Administrative Region (SAR) of Macau has sentenced gambling kingpin Alvin Chau to 18 years...

Suncity Group’s Financial Woes Continue as Vietnam Subsidiary Defaults on Loan

sSuncity Group is finding its financial situation increasingly thinner. The casino investor and junket operator is already dealing with a number of problems, but a Vietnamese subsidiary defaulting on a loan makes matters worse. Suncity has lost a lot of the traction it built over the past decades as a result of the arrest of […]

The post Suncity Group’s Financial Woes Continue as Vietnam Subsidiary Defaults on Loan appeared first on Casino.org.

The Star Sydney Casino CCTV Footage Shows Junket Operators Putting Stacks of Cash Into Bags

CCTV footage from 2018 raises concerns of potential money laundering involving a junket operator taking place at The Star Sydney casino.

The post The Star Sydney Casino CCTV Footage Shows Junket Operators Putting Stacks of Cash Into Bags appeared first on VegasSlotsOnline News.

NagaCorp No Longer Interested in Russian Integrated Resort

NagaCorp has changed its mind about building an integrated resort in Russia. It had already begun construction of its development in the city of Vladivostok, but Russia’s invasion of Ukraine is canceling those plans. Two years ago, NagaCorp was completely behind plans to bring gaming to Russia’s Primorye Gambling Zone. It saw huge possibilities for […]

The post NagaCorp No Longer Interested in Russian Integrated Resort appeared first on Casino.org.

China Warns Bad Actors Regarding Cross-Border Gambling, Security Ministry to Strengthen Safeguards in 2022

China continues to proclaim that individuals and groups involved in the illegal facilitation of cross-border gambling will be targeted in 2022 and the years ahead. Gambling is mostly illegal everywhere in China other than in Macau, one of two Special Administrative Regions (SARs) in the People’s Republic. The two exceptions are China’s state-run lotteries — […]

The post China Warns Bad Actors Regarding Cross-Border Gambling, Security Ministry to Strengthen Safeguards in 2022 appeared first on Casino.org.

Macau Police Arrest Another Casino Kingpin in Raid Netting HK$4.1m

Police in Macau have arrested a casino boss with links to fallen junket billionaire Alvin Chau in a raid that netted US$525,745.

The post Macau Police Arrest Another Casino Kingpin in Raid Netting HK$4.1m appeared first on Latest Online Gambling News.

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