Tag Archives: Sun City

Alvin Chau Cheok Wa, the founder of Macau junket operator Suncity Group, has been sentenced to 18 years in prison having been found guilty of fronting a criminal gang, illegal gambling activities, and fraud. Judge Lou Ieng Ha said: “Chau Cheok Wa was aware of and received illicit gains from the activities. The staffers of…

An off-shore Russian subsidiary of Hong Kong-listed Summit Ascent Holdings has increased its shareholding in Oriental Regent Limited (ORL), the operating force behind Tigre de Cristal in Primorye near Vladivostok, by 10 per cent to 77.5 per cent in a move that will help fund the Phase II expansion of the casino. It could still…

Despite the difficult political landscape and a challenging operating environment, Sun International’s South African operations achieved two per cent growth in income and four per cent in adjusted EBITDAR due to ‘a dedicated focus on efficiencies, cost containment and enhancing the guest experience.’ Time Square, Sibaya and Sun Slots performed well with income increasing by…

Macau junket operator Suncity Group has completed its purchase of just over a third of a share in Hoiana, the integrated resort project to open in Hoi An South in Vietnam next year. Suncity subsidiary Goal Summit now owns the entire equity 34 per cent interest previously owned by Star Admiral. It joins the project’s…

VinaCapital-ը՝ Վիետնամում անշարժ գույքի առևտրային ընկերությունը, հաստատել է, որ մինչև 4 թվականի առաջին եռամսյակը կբացի Հոյանա՝ 2019 միլիարդ դոլար արժողությամբ կազինո հանգստավայր Հոյ Անում, Վիետնամի կենտրոնական ափին: կառուցվել 4 կմ երկարությամբ ծովափնյա հողատարածքի երկայնքով, որը գտնվում է ՅՈՒՆԵՍԿՕ-ի աշխարհից ընդամենը 5 կմ հեռավորության վրա…