Suncity warns of H1 losses but Alvin Chau digs deep to ensure casino expansion
Suncity Group Holdings issues H1 profit warning but controlling shareholder Alvin Chau digs deep into his own pockets to ensure casino expansion continues.
Crown Resorts probed over alleged criminals’ use of accounts
Australian media report that two Crown Resorts subsidiaries are being probed for allegedly allowing criminals to launder money through money transfers.
Suncity boss denies Chinese media illegal online gambling claims
Suncity Group boss Alvin Chau issues statement denying Chinese media reports that his company operates illegal online gambling targeting mainland China.
Suncity founder becomes chairman of Summit Ascent
Alvin Chau, who is also the founder of Suncity, is now wearing two chairman hats, one for each of the two entities.
Alvin Chau ready to loan Suncity as much as $192 million
The company’s chairman is on the rescue and has agreed to provide a loan of about $192 million to Suncity.
Macau vows to “purify” gaming industry through stricter examination of junkets
In response to reports of an imminent crackdown on junket operators, Macau's gov't says it won't turn a blind eye to criminal activity.
