7/5/2023 0 Comments King kong figure![]() ![]() ![]() MGM China Holdings Ltd sank 10%, while Wynn Macau Ltd closed 7.8% lower. The news sent shares of casino operators tumbling. Junkets service high-rollers and extend credit to them. ![]() Macau’s judiciary police said Sunday that Chau confessed to establishing overseas gambling platforms and carrying out illegal virtual betting activities. The detention of Suncity Group Holdings Ltd CEO Alvin Chau marks the first time such a high-profile figure in the gaming industry has been targeted. HONG KONG (Nov 29): Macau’s casino industry is under scrutiny again with the arrest of the head of the world’s biggest junket operator.
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