Tag Archives: jack lam
- Jimei junking junkets for film biz; Duterte targets Jack Lam buddy
June 30, 2017
Casino junket operator Jimei International Entertainment Group is branching out into the world of cinema now that its gaming operations have dried up. On Wednesday, Jimei alerted the Hong Kong Stock Exchange that the company had hired noted film director F. Gary Gray “in relation to the development and production...
- Jack Lam gives up Jimei International chair post
June 1, 2017
Veteran Macau junket investor Jack Lam has resigned from his position as chairman of Jimei International Entertainment Group, effective immediately. Aside from leaving his chairman post, Lam has also stepped down as executive director, the Hong Kong-listed junket investment company said in a filing on Wednesday. Lam is replaced by...
- Jack Lam unloads controlling interest in Jimei International
April 20, 2017
Embattled online gambling operator Jack Lam has sold his controlling stake in Jimei International Entertainment Group Ltd, the Hong Kong-listed junket investment company announced on Wednesday. Jimei International disclosed in a filing that the deal, which took place last April 7, involved a maximum consideration of HK$443.2 million (US$57 million)...
- Philippine senate says Jack Lam is a victim, not a criminal
March 10, 2017
Philippine casino and online gambling operator Jack Lam likely won’t face criminal charges for bribery after all, according to the head of a Senate committee investigating the allegations. Thursday saw the fifth and final public hearing by the Senate blue ribbon committee investigating last November’s arrest of over 1,300 Chinese...
- Jack Lam’s alleged bagman Wally Sombrero makes no friends at Senate hearing
February 16, 2017
Former Philippine police superintendent Wally Sombrero drew the ire of a Senate committee investigating his alleged role as a bagman for gaming operator Jack Lam. Sombrero (pictured), who fled the Philippines on January 17 after being accused of assisting Lam’s alleged efforts to bribe local government officials, returned to the...
- Jack Lam’s middleman Wally Sombrero returns to Philippines to face bribery charges
February 15, 2017
The alleged bagman for gambling operator Jack Lam has returned to the Philippines to face questioning by an inquiry looking into bribery of government officials. Former Philippine police official Wenceslao ‘Wally’ Sombrero (pictured) returned to the Philippines on Tuesday from Vancouver, where he had fled following allegations that he offered...
Okada Manila eyes Philippine backdoor listing
May 2, 2017