Macau police have arrested 11 for alleged illegal gambling | Business and Economics

The arrests came after police in a special administrative district interrogated tycoon Alvin Chau and spent a day there.

Macau Police say 11 people have been arrested in an investigation into an illegal gambling and money laundering union, including businessman Alvin Chau, who organizes trips to Asian casinos for gamblers, questioned at a police station and one day.

Police said in a note on Sunday that people involved in the lawsuit admitted that the group had engaged in gambling websites or telemarketing activities elsewhere.

The South China Morning Post in Hong Kong reported at a press conference on Sunday that Macau judicial police did not name these people, but said there was a 47-year-old Macau businessman named Chau.

It was unclear whether this was Alvin Chau, president of Suncity Group Holdings Ltd. He is also the founder of a separate legal entity called Suncity, the founder of a separate legal entity called the “junket operator” of China’s special administrative region. Asia.

Junket operators are the means by which they carry high rollers to play in casinos, extending credit and collecting debts. Macau itself is known as Las Vegas in Asia and has been enriched by the gaming industry.

Could not put Suncity junket operator to comment. Representatives of Sun City Group Holdings listed in Hong Kong were unable to put in the phone and did not respond to email inquiries requesting comments on behalf of the company or Chau.

A spokesman for Macau’s judicial police did not respond to phone calls asking for comments.

Peninsula authorities

Authorities in the eastern Chinese city of Wenzhou said on Friday that an investigation had found that Alvin Chauk had set up a network of agents on the mainland to involve citizens in sea and cross-border gambling activities.

On Saturday, the Macau government said police had taken him home for questioning, based on earlier evidence and after receiving notification of the arrest warrant from mainland authorities.

GGRAsia, news about the Asian casino industry, a Suncity spokesman said in an email on Saturday morning: “All companies are normally working under the law and under the supervision of the Macau Special Administration Government.”

He is also a major shareholder in Chau Sun Entertainment Group Ltd., a film production and incineration services company, and his board reported on the news of the Wenzhou and Macau investigations in a statement on Sunday.

“The committee would like to emphasize that the News Coverage is related to Mr. Chau’s personal issues. The Board believes that the Incident will not have a significant impact on the Group’s financial condition, business or operation, ”it stated in the dossier.