Former Suncity boss Chau gets 18 years jail in Macau’s sequel to The Star saga
- thewilliamsmith
- Jan 20, 2023
- 1 min read
A key figure in NSW Liquor and Gaming Authority’s inquiry into The Star Entertainment Group’s (ASX: SGR) suitability to hold a casino licence has been sentenced to 18 years' jail after being found guilty by a Macau court on multiple charges, including fraud and illegal gambling.
The Inside Asian Gaming website reports that Alvin Chau, the former CEO of Macau junket operator Suncity Group, was also ordered to pay US$1 billion ($1.43 billion) in compensation to the Macau government.
Chau, who was among a group of 11 people sensationally arrested by Macau authorities in December 2021, faced a host of charges, alleging that he and other executives of Suncity had cheated the Asian gambling capital of more than $US1 billion in tax revenue over many years. The trial, which began in September, involved 21 defendants, including Chau.
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