01/20/23 15 arrested in Macau in connection with illegal online betting ring Those arrested were also involved in money laundering activities to escape police investigations.
01/20/23 Macau court denies a request to extend Alvin Chau’s appeal period A request was made by lawyers representing Alvin Chau Cheok Wa. The defendant has only 20 days to appeal the sentence.
01/19/23 Macau police against illicit currency exchange activities in casinos The Macau Judicial Police called casino operators to work together against illicit currency exchange activities.
01/19/23 RGB International promotes Liew Yung Kuan to vice president of finance Through a press release, the company announced Liew Yung Kuan was promoted from financial controller to vice president of finance.
01/18/23 Alvin Chau sentenced to 18 years in prison Suncity Group’s founder, Alvin Chau Cheok Wa, and 20 other people were indicted for illegal gaming, criminal association, fraud, and money laundering.
01/18/23 Macau reaches over 40% of 2022Q4 GGR in the first half of January Analysts at JP Morgan Securities have reported Macau’s GGR stands at about 41.8 per cent of the level registered in the fourth quarter of last year.
01/17/23 MGM’s contribution to Osaka IR could be between US$2bn and US$2.5bn – S&P S&P Global Ratings Inc. has suggested the casino operator’s equity contribution to a forthcoming integrated resort (IR) in Osaka could be between US$2bn and US$2.5bn.
01/17/23 SJM Resorts to pay discretionary bonus to its employees SJM Resorts has announced the special discretionary bonus will be equivalent to one month’s salary.
