Macau police arrest 2 suspects in cross-border gambling syndicate linked to ‘junket king’ Alvin Chau

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chinadaily.com.cn

Sichuan police bust major cross-border online gambling ring

Sichuan police announced a major crackdown on a cross-border online gambling operation, arresting 93 suspects and seizing over 20 million yuan ($2.78 million) in illicit funds. The network, targeting Chinese gamblers, operated from the Philippines and boasted nearly a million registered members in China, with illegal transactions exceeding 725.5…

Incidents ・ 22 February 2024

AGB - Asia Gaming Brief

Suncity's online gambling wagering exceeded $42.2 billion, reported the State-owned TV

The report from CCTV has unveiled details of the cross-border gambling operations, including the scale of the online gambling business, affiliates' requirements, and how the online gambling group received and settled gambling funds. CCTV noted that Alvin Chau started an online gambling business in the Philippines targeting Chinese nationals in…

Incidents ・ 08 January 2024

Asgam

Mass baccarat contributed 59% of Macau-wide GGR in 1Q23

Mass market baccarat continues to dominate the Macau gaming landscape, with figures published by the Gaming Inspection and Coordination Bureau showing it contributed MOP$20.51 billion (US$2.54 billion) in gross gaming revenues in the first three months of the year - comprising 58.9% of market-wide GGR. While this was slightly down on the 62.9%…

Baccarat ・ 05 May 2023

Gambling News

Macau Police Busts Illegal Gambling Scheme and Arrests 15 People

The Macau Daily Times reported that the arrested Macau residents of ages 29 to 66 years old were allegedly part of an illegal online gambling business operated on overseas servers. At a press conference that took place on January 12, the Macau Judiciary Police announced that it had acted together with the Guangdong Province police and together the…

Incidents ・ 15 January 2023

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World Casino News

Macau police apprehends 27 people from illegal online gambling organization

On Wednesday, January 11, 2023, Macau's Judiciary Police apprehended 15 locals for supposed connections to an illegal online gambling organization that has reportedly amassed $3.69 billion in bets since 2017. Foreign coordinators: This illegal organization is presumably managed through Macau from computer servers abroad. However, apart from Macau,…

Incidents ・ 14 January 2023

Vegas Slots Online

Macau Casinos Seek $16.8m in Damages in Tak Chun Trial

Four casino operators in Macau are seeking damages totaling MOP$135m (US$16.8m) from the defendants in a major illegal VIP gambling case. Former chairman of Tak Chun Group Levo Chan is currently on trial, alongside nine other defendants. MGM China, SJM Resorts, The Venetian Macau, and the Wynn Macau are all seeking the multimillion-dollar payout in…

Incidents ・ 06 December 2022

Marketing - Interactive

7 HK influencers arrested for allegedly promoting illegal online gambling

The Hong Kong police have arrested seven influencers for allegedly promoting illegal online gambling that accept bets on World Cup football matches on their social media over the past week. According to the public press conference, chief inspector Chan Ka Ying of the New Territories South regional crime unit said that the police conducted a…

Law ・ 29 November 2022

PokerTube

Police Sting Uncovers $5.6billion Crypto Laundering Chinese Gambling Ring

Chinese law enforcement have arrested 93 individuals in a 100-day sting operation aimed at cryptocurrency money laundering, with illegal gambling at the heart of the criminal gang's $5.6billion operation. The authorities swooped on the 9.15 gang, led by Hong Mau, believed to be at the centre of massive fraud and illegal gambling in Hainan,…

Incidents ・ 12 November 2022

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Macau Gambling Head Denies Laundering, Illegal Gaming

Alvin Chau, a well-known gambling executive in Macau, denied charges of illegal gaming, money laundering, and running a criminal syndicate during his trial on Monday. arrested on a warrant accusing him of illegal gambling on the Chinese mainland Chau served as the chairman of Macau's Suncity junket, which helps organize activities for Chinese high…

Covid ・ 19 September 2022

Gambling News

Sands China Embraces the End of the VIP Salons in Macau Casinos

Sands China is repurposing its VIP salons across its Macau properties The new change is a consequence of recent legislation that in practice eradicates junket rooms Sands China and Las Vegas Sands top executives welcome the new changes as they expect the redeployment of VIP rooms will bring more revenue Sands China has announced it is restructuring…

Covid ・ 21 July 2022

Asgam

China says 42,000 cross-border gambling cases detected in past three years

China's Ministry of Public Security (MPS) says it has made every effort to crack down on illegal cross-border gambling over the past three years, detecting 42000 cases of cross-border gambling between 1 January 2020 and 31 March 2022. Together with other economic crimes, a total of RMB190.5 billion (US$28.3 billion) in economic losses were…

Travel ・ 10 May 2022

World Casino News

Macau casinos pay MOP$33.91 billion in taxes for 2021

The Financial Services Bureau in Macau has announced the tax payments from the gaming industry for 2021. Last year, a total of MOP$33.91 billion ($4.22 billion) was paid by operators. This is an increase of 13.8% when compared to the MOP$29.81 billion ($3.73 billion) paid in 2020. While the amount is an increase from the previous year, it is a…

Finance ・ 22 February 2022

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Incidents

Macau Business

Las Vegas casino worker union calls for US federal investigation on gaming operators’ former ties with Suncity

A Las Vegas casino workers union has called for a coordinated US federal investigation into former junket operator Suncity and its former business ties with US-linked gaming companies. The public statement was issued by the International Union of Operating Engineers, Local 501, which represents over 2000 members, primarily construction workers who…

Land-based ・ 09 February 2022

Vegas Slots Online

Macau Police Arrest Another Casino Kingpin in Latest Raid

Police in Macau have arrested a casino kingpin with links to fallen junket billionaire Alvin Chau Cheok-wa in a raid that netted HK$4.1m (US$525745). Macau's Judiciary Police (PJ) arrested Macau Legend Development's CEO and controlling shareholder Chan Weng Lin on Friday. Another man, which media sources believe to be Choi Wai Chan, chairman of…

Incidents ・ 31 January 2022

Macau Business

Police arrest two in illegal gambling crackdown, Tak Chun boss Levo Chan among detained

The Judiciary Police (PJ) announced today (Sunday) two people in the junket sector were arrested on Friday for alleged crimes of engaging in illegal gambling activities, running a crime syndicate and money laundering. The authorities did not identify the two suspects, only referring to them as two Macau male residents - one surnamed Chan and aged…

Law ・ 30 January 2022

The Standard

Macau junket tally halves

Macau's gaming regulator yesterday said that the number of junkets or gaming promoters nearly halved over the past 12 months and Suncity (1383) is no longer on the list. The total number of licensed casino operators sank to a record low, to 46 this year from 85 in January 2021, the Gaming Inspection and Coordination Bureau said. Major operators on…

Law ・ 26 January 2022

High Stakes

80,000 Arrests as Chinese Gambling Crackdown Continues

More than 80000 arrests for cross-border gambling were made by the Chinese authorities last year, with over 2200 illegal online gambling platforms shut down in the latest crackdown. The arrests and closures were the result of 17000 separate cases investigated by China's Ministry of Public Security, which also resulted in 1600 illegal payment…

Incidents ・ 25 January 2022

South China Morning Post

Online gambling will remain a problem that must be watched

Suncity Group CEO Alvin Chau has been detained by Macao police after Chinese authorities issued an arrest warrant over accusations that he and others ran an illegal cross-border gambling syndicate. Photo: AP Suncity Group CEO Alvin Chau has been detained by Macao police after Chinese authorities issued an arrest warrant over accusations that he and…

Industry ・ 12 December 2021

Radio Free Asia

China arrests Macau casino chief in crackdown on cross-border gambling

Macau's Suncity casino operator has shut down its VIP rooms following the arrest of CEO Alvin Chau on suspicion of cross-border gambling and money-laundering, Reuters reported on Wednesday, as the ruling Chinese Communist Party (CCP) seeks to curb what it sees as a dangerous outflow of capital from mainland China. The move will slash the number of…

Incidents ・ 01 December 2021

Market Screener

Arrest of Macau's 'junket mogul' rattles the world's largest gambling hub

Alvin Chau, the CEO of gambling group Suncity Group Holdings Ltd, is the founder of the biggest of Macau's junket operators - outfits that bring in high rollers to play at casinos. He was arrested on Sunday by Macau authorities over alleged links to cross-border gambling. A warrant for his arrest has also been issued in China. Analysts say his…

Incidents ・ 01 December 2021

Reuters

Macau gambling group Suncity's shares plunge after CEO arrested

HONG KONG, Nov 30 (Reuters) - Shares of Macau gambling group Suncity Group Holdings Ltd (1383.HK) slumped 40% in resumed trade on Tuesday after its CEO was arrested over alleged links to cross-border gambling. The company said he intends to resign. Alvin Chau, also the founder of Macau's biggest junket operator which brings in high rollers to play…

Industry ・ 30 November 2021

CNBC

Macao arrests 11 people for illegal gambling and money laundering

Macao police said on Sunday they had arrested 11 people in an investigation into an illegal gambling and money-laundering syndicate, a day after businessman Alvin Chau, who organizes trips to Asian casinos for big spending gamblers, was questioned at a police station. The police said in a statement that people involved in the case acknowledged the…

Law ・ 05 December 2021

Aljazeera

Macau police arrest 11 for alleged illegal gambling

Arrests come a day after junket mogul Alvin Chau is questioned by police in the special administrative region. Macau police said they had arrested 11 people in an investigation into an illegal gambling and money-laundering syndicate, a day after businessman Alvin Chau, who organises trips to Asian casinos for big-spending gamblers, was questioned…

Law ・ 29 November 2021

Asgam

Macau’s Judiciary Police arrests four over widespread “family style” online gambling operation

Four people have been arrested in Macau for alleged involvement in running cross-border casinos in Southeast Asia and maintaining online gambling platforms, believed to have generated profits of at least MOP$100 million (US$12.5 million). According to Macau's Judiciary Police (PJ), which revealed details of the case on Friday, the suspects had put…

Incidents ・ 19 January 2021