• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Wednesday 8 February 2023
    • 中文
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • Vietnam
  • Events
  • Consulting
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • Vietnam
  • Events
  • Consulting
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Verdict in Alvin Chau trial to be delivered on 18 January

Pierce Chan by Pierce Chan
Fri 2 Dec 2022 at 03:30
Junkets unmasked: Part 2

Alvin Chau

43
SHARES
1.1k
VIEWS
Print Friendly, PDF & Email

Macau’s Court of First Instance announced Thursday that it would deliver its verdict in the trial of former Suncity Group CEO Alvin Chau on 18 January.

In his final statement in court, Chau expressed his “deepest apologies” to all staff and their families affected by the arrest and prosecution of himself and 20 other Suncity associates.

However, he denied that Suncity was a triad or criminal syndicate.

“We have been operating in Macau for more than 10 years and have VIP rooms all over the world, but we have not received any complaints or reports over the years, so I don’t know why we have suddenly become a criminal syndicate,” he said.

“We have never promoted gambling in mainland China, we have never committed any crime anywhere in the world, we have never used illegal means to recover our debts and we have always operated our VIP rooms in a law-abiding manner.”

Chau noted that that Suncity had generated more than MOP$300 billion (US$37.5 billion) in gaming revenue over the course of a decade and was the largest customer of Macau’s six concessionaires, but that “betting under the table” activities referenced in the charges against totaled just MOP$21 billion (US$2.6 billion).

“What is the logic of having over MOP$300 billion in gaming revenues to cover up MOP$21 billion in criminal revenue from betting under the table gambling?” he asked.

“Suncity is not a criminal organization, it is not a triad, many of the employees, those accused of crimes and the witnesses are highly educated and professional.

“The loyalty of Suncity is to put the employees as the company’s biggest capital and the interests of the customers as the company’s biggest interest. We operate on this principle and we have no criminal intent at all.”

Chau apologized to all those accused of crimes and their families.

“I want to say I’m very sorry for the pain they are living with, including those I don’t know, Au Wang Tong and Li Siu Chung (the 13th and 18th defendants).

“Is it a concerted effort with the government or is it my own personal interest? I hope the court will release them so that they can be reunited with their families as soon as possible.”

RelatedPosts

IAG presents on Macau gaming recovery at ICE London

IAG presents on Macau gaming recovery at ICE London

Tue 7 Feb 2023 at 21:11
DICJ employee arrested for operating Macau prostitution website

DICJ employee arrested for operating Macau prostitution website

Tue 7 Feb 2023 at 15:02
Las Vegas Strip and Macau GGR comparison through 2022

Las Vegas Strip and Macau GGR comparison through 2022

Tue 7 Feb 2023 at 01:34
Macau welcomes first mainland tours in three years

Macau welcomes first mainland tours in three years

Tue 7 Feb 2023 at 01:30
Load More
Tags: Alvin ChauMacauSuncity GroupTrial
Share17Share3
Pierce Chan

Pierce Chan

With more than five years’ experience working as a journalist in Macau, Pierce is an experienced media operator with strong skills in news writing and editing. He previously worked with Exmoo, first as a reporter covering government, gaming and tourism-related stories, then as a Deputy Assignment Editor helping set the agenda of the day. Pierce is a graduate of the University of Macau.

Current Issue

Editorial: Macau GGR recovery: A New Hope

Editorial: Macau GGR recovery: A New Hope

by Ben Blaschke
Wed 1 Feb 2023 at 02:17

The speed with which Macau’s short-term prospects have turned around since the start of the year is nothing short of...

Publication of record

Publication of record

by Andrew W Scott and Ben Blaschke
Wed 1 Feb 2023 at 01:44

It has been quite the ride for Inside Asian Gaming, from a small 40-page pilot publication back in September 2005...

Missing in action

Missing in action

by David Green
Wed 1 Feb 2023 at 00:55

Macau’s concessionaires have committed to spending a combined US$13.5 billion on non-gaming attractions over the next 10 years, but they...

Return of the ICE age

Return of the ICE age

by Ben Blaschke
Wed 1 Feb 2023 at 00:43

A full-sized ICE London returns for the first time in three years in February, with organizers promising the biggest show...

Softswiss
Evolution Asia
Aristocrat
Solaire
Solaire
Beter
Beter
IGT

Related Posts

Evolution Gaming’s Todd Haushalter on Asian initiatives

Evolution Gaming’s Todd Haushalter on Asian initiatives

by Newsdesk
Wed 8 Feb 2023 at 04:45

Inside Asian Gaming catches up with Evolution Gaming’s Chief Product Officer Todd Haushalter at ICE London 2023 to discuss the company’s Asian expansion initiatives and its significant footprint within the global gaming industry.

Star Entertainment Group to launch carbon farm in Queensland

Star Entertainment Group to launch carbon farm in Queensland

by Newsdesk
Wed 8 Feb 2023 at 03:24

Australia’s Star Entertainment Group has secured a 170-hectare parcel of farmland in South East Queensland which it says will help manage its future carbon emissions reduction while supporting biodiversity and native forest regeneration. The Star will use the land near...

South Australia announces inquiry into SkyCity Adelaide

Regulatory review into SkyCity Adelaide put on hold pending outcome of AUSTRAC investigation

by Ben Blaschke
Tue 7 Feb 2023 at 21:29

A review into the suitability of SkyCity Adelaide to retain its South Australian casino license has been put on hold pending the outcome of civil penalty proceedings filed against SkyCity by Australian anti-money laundering watchdog AUSTRAC. South Australian Liquor and...

IAG presents on Macau gaming recovery at ICE London

IAG presents on Macau gaming recovery at ICE London

by Newsdesk
Tue 7 Feb 2023 at 21:11

Inside Asian Gaming’s Vice Chairman and CEO Andrew W Scott and Managing Editor Ben Blaschke appeared in the ICE365 live studio at ICE London on Tuesday morning where they spent 15 minutes discuss the current state of the Macau gaming...

IAG

© 2005-2023
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Consulting
  • Magazines
  • Advertise
  • Contact
  • About

© 2005-2023
Inside Asian Gaming.
All rights reserved.