UberPokies.org

Aristocrat Pokies Promise

Suncity Group Holdings Limited refutes rumours around Australian investigation

August 19, 2019 by Admin

Suncity Group Holdings Limited, the Asian casino firm, is reported to have released an official statement to deny claims recently made that it is being investigated by authorities in Australia. The inquiry is said to involve alleged links between Chinese crime syndicates and the operator’s controlling shareholder.

Possible Criminal Links

According to a report on Monday, the Hong Kong-listed firm’s name allegedly came up late last week as claims were being made that Australia’s ongoing Targeting Criminal Wealth investigation was investigating criminal gangs possibly using junket services in the country as a means of laundering money through casinos.

Admission Speculations

Reports by GGRAsia state that Alvin Chau Cheok Wa was a significant stakeholder in Suncity Group Holdings Limited while serving as the boss for privately-held Macau junket firm, Suncity Group. Investigators have yet to release any specifics about their alleged inquiries, but rumour has it they upped the ante on their efforts after claims surfaced that the billionaire businessman may have recently been refused entry to Australia.

Determined denial

Suncity Group Holdings Limited, in response to these whispers, which have since grown louder, stated on Monday that neither the company nor Chau were being investigated. In addition to this, it stated that that the billionaire wasn’t scheduled to travel to Australia in the next twelve months.

Suncity is reported to have said, “The board of Suncity Group Holdings Limited noticed certain media articles recently published in relation to Alvin Chau Cheok Wa in relation to, among others, investigation of certain Australian casinos. He is not aware of the said investigation of such Australian casinos. Mr. Chau clarifies that he is not subject to any Australian investigation as at the date of this announcement. The listed company would like to clarify that [Suncity Group Holdings Limited together with its subsidiaries] has no business operations in Australia.”

Melbourne link

The junket-operating Suncity Group is known, however, for running 14 high-roller clubs run via casinos in a number of jurisdictions. These include the Philippines, South Korea, Cambodia, Vietnam, and Australia. This portfolio, according to local newspapers, encompasses a VIP lounge inside Crown Resorts Limited’s giant Crown Melbourne complex, which is currently under investigation for allegedly helping high-value Chinese individuals launder money in Australia.​

Filed Under: Australian Casinos, Casino News Tagged With: Crown Resorts, GGRAsia, Security Group Holdings

  • Aristocrat
  • Microgaming
Pokie Reviews
5 Dragons Pokie
50 Dragons
50 Lions
Big Ben
Big Red
Chilli Gold
Choy Sun Doa
Dolphin Treasure
Emperor's Treasure
Let's Go Fish'n
Pompeii
Queen of the Nile II
Red Baron
Warewolf Wild
Where's the Gold
Wild Panda
Zorro
Pokie Reviews
108 Heroes
Alaskan Fishing
Ariana Pokie
Asian Beauty
Avalon Pokie
Bar Bar Black Sheep
Basketball Star
Big Top
Break Away
Break Da Bank
Burning Desire
Castle Builder
Cricket Star
Deco Diamonds
Dragon's Myth
Emperor of the Sea
Fortunium
Gold Factory
Hitman
Immortal Romance
Isis
King Tusk
Ladies Night
Lions Pride
Lucky Little Gods
Lucky Twins
Mad Hatters
Mayan Princess
Mega Fortune Dreams
Mega Moolah
MegaSpin Break da Bank Again
Mermaid Millions
Rugby Star
Starlight Kisses
Thunderstruck II
Casino Reviews
Uptown Pokies
Sloto'Cash
Fair Go
Royal Vegas
Spin Palace
All Slots
Euro Palace
Pokies Guide
Understanding RTP & Slot Variance
Aristocrat Pokies
5 vs 3 Reels Pokies
Real Money Pokies
How to Win on Pokies
Pokies Deposit Options
Legal Casinos
Aristocrat Slot Machines
Download Aristocrat Pokies
Gambling News
Spin Palace Pokies
POPULAR PAGES Pokies For Real Money
Deposit Options
Win at Pokies
Aristocrat Pokie Machines

UBER POKIES About Us
Responsible Gambling
Contact Us
CASINO REVIEWS Royal Vegas Casino
Spin Palace Casino
All Slots Casino
Euro Palace Casino

POKIE REVIEWS 5 Dragons Slot Machine
Where's The Gold Slot Machine
Big Red Slot Machine
Aristocrat Pokies Sites are Secure and Verified