Alvin Chau, one of Macau’s major gambling bosses, has been in custody since late November. The head of Hong Kong-listed Suncity is accused of money laundering and running an illegal cross-border gambling ring. Chau’s surprise arrest has not only sent Suncity’s shares plummeting but the stocks of every casino operator in the city.
Continue reading now
Get 30 days of free access to the Professional Briefing to read these and more quality news every day.
Are you already a guest at the China.Table? Log in now