The Digital Source For China's Tech Innovation Since 2000

Search
Close

Suncity shares slide further after Macau gaming rooms shut

December 3, 2021
Source: intellasia.net intellasia.net
News Snapshot:
[Suncity shares slide further after Macau gaming rooms shut] Shares in Macau’s Suncity Group Holdings Ltd (1383.HK) tumbled in resumed trade on Thursday after gaming rooms linked to the group were shut following the arrest of its former CEO and chair, Alvin Chau. Chau, also the founder of Macau’s biggest junket operator which brings in high rollers to play at casinos, was arrested with 10 others on Sunday over alleged links to cross-border gambling and money laundering. In a statement released late on Wednesday, Suncity said that gaming rooms operated by a business wholly owned by Chau had closed as...
Go To Original Source →
Tags: arrested | ASIA | Business | Casino | CEO | Chinese | crime | Founder | fraud | fund | gambling | gaming | illegal | IT | law | Macau | network | online game | operator | Pacific | Philippines | Portugal | Reuters | shares | stock

Other Related News:

China Claims US CHIPS And Science Act Will Disrupt International Trade, Distort Global Semiconductor Supply Chains Global Online Money

August 11, 2022

A Look at the Electric Vehicle Transformation in China

August 11, 2022

Taiwan security officials want Foxconn to drop stake in Chinese chipmaker-FT

August 11, 2022

US accuses Chinese company of helping ZTE hide business with Iran

August 11, 2022

China Claims US CHIPS And Science Act Will Disrupt International Trade, Distort Global Semiconductor Supply Chains High Tech Info

August 11, 2022

Greater China startups record 33.5% yearly slump in deal value in Q2 as megadeals become scarce

August 11, 2022

UN trade body urges actions to curb cryptocurrencies in developing countries

August 11, 2022

?Parallel Markets?ASUS ZenFone 9 arrives in Hong Kong first, with the first asking price starting from 5,450!

August 11, 2022

What the ‘Roblox’ Hack Revealed About Chinese Censorship and U.S. Content Moderation

August 11, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....