In the world capital of casinos, the net against eleven people including Alvin Chau, the sulphurous “king of the bet” of the region, sounds like a warning.
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The new “King of Paris” of the Macao Special Administrative Region (China), Alvin Chau, CEO and the majority shareholder of the Suncity Leisure Travel Operator, was placed in pre-trial detention, Monday, November 29, so That four of his associates, after more than fourteen hours of interrogation who, according to the local press, resulted in confessions. The courses of the six Casinotiers de Macao, listed in Hong Kong (Wynn, SJM, Sands, MGM, Melco and Galaxy), fell 5 to 10% over the day, taking nearly $ 5 billion (4.4 billion of euros).
Inmates are accused of organizing online betting from foreign-based platforms – including the Philippines – accessible to continental Chinese players (the rest of Chinese territory), where the games of money are forbidden. They would have ease of money laundering operations. “The Group used MACAO companies’ accounts to transit funds by [] clandestine networks,” the document is published by the Attorney General of Macao.
The police spokesman, Chong Kam Leong, said Macao police investigated the illegal activities of Suncity since August 2019. Alvin Chau was already forbidden to stay in Australia, where the authorities suspected it “large-scale bleaching activities”, according to a 2017 Hong Kong Jockey Club report. These arrests took place less than twenty-four hours after an arrest warrant launched against Alvin Chau by the judicial authorities From the city of Wenzhou, in the province of Zhejiang, more than 1,000 kilometers northwest of Macao, mainland China.
The Wenzhou Police accuses him of “directing a criminal organization, with 12,000 agents whose mission was to promote the Games”, which “cause serious damage to the social order of the country ” The union thus recruited 80,000 piers in China. The coincidence between the arrest warrant issued by China and the macao police net suggests that the decision to act in the special administrative region has probably been taken in China.
sinister reputation
The episode seems to confirm the impatience of the Chinese central authorities to eradicate their tiny region the dirty money whitening from China through the gambling, specifically aiming for “junkets”, of Agents who serve as intermediaries between large players and casinos and whose links with the triads are known. “Junkets” identify and stand these clients in mainland China and take care of everything for them: their trip to Macao, private jet or helicopter if necessary, their luxury hotel, and access to the tables of The most exclusive game.
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