Gambling operator Suncity closes all VIP gaming rooms in Macau -sources

LET group

01/12/2021 01:40

HONG KONG, Dec 1 (Reuters) - Embattled gambling operator
Suncity Group Holdings  1383.HK  has closed all VIP gaming rooms
in Macau, the world's largest gambling hub, after the company's
chairman was arrested, two sources with direct knowledge of the
situation told Reuters. 
    Alvin Chau, founder of Suncity Group, a conglomerate with
interests that span gambling to property, was arrested by Macau
police on Sunday.  urn:newsml:reuters.com:*:nL1N2SJ08Z
    Trading in shares of the company was suspended on Wednesday.
    

 (Reporting by Farah Master and Eduardo Baptista; Editing by
Anne Marie Roantree)
 ((annemarie.roantree@thomsonreuters.com; +852 97387151; Reuters
Messaging: annemarie.roantree.thomsonreuters.com@reuters.net))