Chau is serving an 18-year prison sentence.<\/p>\n\n\n\n\n\n\n\n
Macau.- Alvin Chau Cheok Wa<\/strong>, the former CEO of Suncity (now LET Group Holdings Ltd<\/a>), has issued a handwritten letter to former employees to apologise for unpaid salaries. It comes after Chau was sentenced to 18 years in prison<\/a> on January 18.<\/p>\n\n\n\n Earlier this year, concerns were raised by the Macau Gaming Industry Employees Home<\/strong> about some former Suncity staff not having received salaries and severance pay. Chau, who is currently serving his sentence at Coloane Prison, sent a letter to the former employees dated June 14 expressing an apology.<\/p>\n\n\n\n He reportedly wrote: “I just want to say sorry. I am unable to pay the salaries owed to the last group of 1,197 colleagues. If you have not yet registered with the Labour Affairs Bureau, please do so as soon as possible.”<\/p>\n\n\n\n He claimed he does not prioritise wealth accumulation and expressed his belief in justice and the existence of a just society.<\/p>\n\n\n\n Chau was tried for leading a criminal syndicate, engaging in illicit gambling activities, and committing fraud. This verdict was delivered two years after his high-profile arrest<\/strong>, which led to the closure of all VIP rooms operated by Sun City Gaming Promotion Company Limited. Suncity Group, once the largest junket operator in Macau, was wound up in December 2021.<\/p>\n","protected":false},"excerpt":{"rendered":" Chau is serving an 18-year prison sentence.<\/p>\n","protected":false},"author":176,"featured_media":29796,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Alvin Chau, former CEO of Suncity (now LET Group Holdings Ltd), has issued a handwritten apology from prison for unpaid salaries to 1,197 former employees. This follows his 18-year sentence for leading a criminal syndicate, illicit gambling activities, and fraud, which led to the winding up of Suncity Group, once Macau's largest junket operator.","focusai_entities":"Alvin Chau Cheok Wa, Suncity, LET Group Holdings Ltd, Macau Gaming Industry Employees Home, Sun City Gaming Promotion Company Limited, Suncity Group, Labour Affairs Bureau","focusai_location":"Macau, Coloane Prison","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), payments_fraud_aml (0.7), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Macau VIP Market Impact","query":"What are the long-term implications of Suncity's collapse and the subsequent regulatory crackdown on the VIP gaming segment's GGR and NGR projections in Macau?"},{"label":"Governance Frameworks Review","query":"How will this high-profile conviction influence the enhancement of governance frameworks and B2B\/B2C licensing requirements for junket operators and their casino partners in regulated markets?"}],"footnotes":""},"categories":[157,16338],"tags":[23702],"class_list":["post-777006488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-suncity-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777006488"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006488\/revisions"}],"predecessor-version":[{"id":777006521,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006488\/revisions\/777006521"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/29796"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777006488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777006488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777006488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}