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.
11/10/22 Alvin Chau denies link between Chinese real estate and under-the-table bets Alvin Chau Cheok Wa has claimed that asset management projects in mainland China had no relationship with the settlement of player debts from under-the-table betting in Macau.
11/04/22 Trial hears that Suncity helped gamblers elude cross-border capital controls Former employees have testified on how the company evaded cross-border capital controls between Macau and mainland China.
09/23/22 Former colleague of Alvin Chau admits Suncity took unregistered bets Cheong Chi Kin has told court that he developed a system to record under-the-table transactions.
08/17/21 PAGCOR to investigate Suncity over client deposits PAGCOR will investigate Suncity Group over claims the company failed to return some player deposits.
06/08/21 Suncity launches voluntary redundancy scheme Suncity Group is offering voluntary redundancy through a “Personal Career Reshaping Plan” due to the impact of the Covid-19 pandemic.
03/27/21 Suntrust sells non-gaming assets to focus on Manila casino Suntrust has announced the sale of its non-gaming assets to a local partner to focus on the development of a 5-star hotel and casino project in Manila’s Entertainment City.
03/24/21 Suncity predicts $115m profit after tax Suncity Group has predicted a $115m profit after tax despite the impact of the Covid-19 pandemic and investment in various expansion projects.
01/21/21 Suncity establishes new entity for Manila resort The new Suncity WC Hotel will be in charge of tourism operations as well as running the hotel and casino at the Manila resort.
11/18/20 Summit Ascent increases stake in Tigre de Cristal Suncity Group’s Bermuda-listed subsidiary has raised its stake in the operator of the Primorye casino by 10 per cent.
11/15/20 Suncity inks deal for Manila casino construction The operator has designated Megawide as the principal contractor for the basement, podium and tower of the Main Hotel Casino.
10/15/20 Suncity takes control of Summit Ascent The Hong Kong-listed group has increased its stake in the operator of Tigre de Cristal casino to almost 70 per cent.
10/13/20 Suncity to sponsor sailing team in Japan amid IR race The Hong Kong-based gaming operator intends to support sport in Wakayama while it looks to participate in the area’s IR bid.