Tag Archives: triad
- Study says Macau casinos judge junket operators on their links to triads
March 3, 2016
A new academic report claims that Macau’s casino junket operators retain strong ties to Hong Kong triads and that casino management relies on these links to determine a junket’s credibility. Portuguese-language news agency Lusa recently reported on a new study by City University of Hong Kong professors, who suggested that...
- Paul Phua arrested as FBI busts illegal World Cup betting ring in Caesars Palace
July 14, 2014
The US Federal Bureau of Investigation has broken up an Asian-facing illegal online sports betting ring operating out of Caesars Entertainment's Caesars Palace casino in Las Vegas. The FBI, ably assisted by the US Department of Homeland Security and Nevada gaming officials, arrested seven men and one woman on Sunday...
- Hong Kong police break up triads fighting over casino cruise ship passengers
July 13, 2014
Macau casino investor Success Universe Group (SUG) has officially disposed of its stake in Hong Kong-based casino cruise ship Macau Success. Star Sail Investments Ltd. paid HKD 93m (US $12m) to acquire SUG’s 55% stake in the nine-deck passenger vessel. SUG chairman Sonny Yeung acknowledged that the casino cruise business...
- ‘Broken Tooth’ Koi plans return to Macau’s VIP gaming room business
July 20, 2013
Wan Kuok-koi, aka ‘Broken Tooth Koi,’ the former triad leader who was released from Macau’s Coloane Prison in December after serving over 14 years on loansharking, criminal association and illegal gambling charges, is planning a return to Macau's VIP gambling business. Wan told Hong Kong’s Next magazine that “of course”...
- 14K triad boss out of prison after 15 years; Amax junket boss had tendons cut
December 1, 2012
Macau junket operator Amax Holdings Ltd. saw a marginal increase in turnover in the six months ending September 30, but the company reported a loss of HK14.96m (US $1.93m) compared to a profit of HK211m ($27.2m) in the same period last year. The reversal is credited/blamed on Amax not receiving...