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Suncity CEO Admits to Illicit Betting Activity, Macau Police Say - Bloomberg

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Macau’s judiciary police said the head of junket operator Suncity Group confessed to establishing overseas gambling platforms and carrying out illegal virtual betting activities, as authorities presented evidence of wrongdoing after a two-year investigation.

Suncity Chief Executive Officer Alvin Chau has been detained as part of the probe, along with other suspects, police said in a live-streamed press conference on Sunday. The group of 11 people admitted some allegations but refused to cooperate in some other investigations, authorities said.

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November 28, 2021 at 05:46PM
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Suncity CEO Admits to Illicit Betting Activity, Macau Police Say - Bloomberg
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