MACAU casino stocks tumbled yesterday, rattled by the arrests of 11 people over alleged links to cross-border gambling and money laundering, including the founder of the gaming hub’s biggest junket operator.
Shares
Shares in gambling group Suncity Group Holdings were suspended from trade on Monday with its chief executive believed to be among 11 people arrested by Macau authorities over alleged links to cross-border gambling and money laundering. Macau authorities said police were questioning Alvin Chau on Saturday after a Chinese city issued an arrest warrant for…
Shares in gambling group Suncity Group Holdings were suspended from trade on Monday with its chief executive believed to be among 11 people arrested by M