Suncity says high roller revenue will drop 15pc

Business | 9 Sep 2019 2:48 pm

Suncity Group Holdings (1383) chairman Alvin Chau Cheok-wa expects VIP revenue to plunge by between 15 percent and 20 percent in this quarter and next quarter, as fewer high rollers are borrowing from junket agents to gamble amid mainland government's  crackdown on gang crimes, local media reported.

He said gamblers are slowing down repayment due to strict controls of money flows.

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