Macau’s gaming operators cut ties with junket king Alvin Chau after his arrest on suspicion of illegal cross-border gambling
- Chau was arrested on Sunday along with 10 others for allegedly offering an illegal online betting platform in the Philippines
- He has resigned as chairman and executive director of Suncity Group Holdings, company says
Macau’s gaming operators have ceased cooperation with casino junket operator Alvin Chau Cheok-wa after he was arrested over his alleged links with illegal cross-border gambling and a money-laundering syndicate.
Chau, 47, resigned as chairman and executive director of gaming and hospitality company Suncity Group Holdings with effect from Wednesday, the firm said in a statement released late at night.
Hours earlier, the city’s Gaming Supervision and Coordination Bureau said it had been notified by gaming enterprises that they had stopped working with Suncity and had temporarily closed the company’s VIP gaming rooms.
Junket operators are go-betweens who bring high rollers to casinos, extend them credit and collect on their debts.
The bureau would not comment on the case, citing ongoing legal proceedings.
“The bureau will, as always, supervise Macau’s gaming industry in accordance with the law. Gaming concessions and the junket operators must abide by the law and operate legally,” it said.