Gamblers diverted to B.C. by money laundering crackdowns in China/U.S., inquiry hears
But River Rock’s long-time VIP/high-limit gambling architect Walter Soo previously told the commission he was observing “geopolitical” factors in and around 2012 that could lead more wealthy Chinese gamblers to Vancouver. These included a U.S. crackdown on money laundering in Macau-connected Las Vegas casinos, Chinese president Xi Jinping’s 2013 anti-corruption/political purge campaign, China’s capital flight restrictions and Canada’s investor immigrant program targeting China’s elites. Commission counsel Kyle McCleery read a Great Canadian Gaming Corp. (GCGC) report from Soo ...