Junkets operator Suncity denies Alvin Chau investigated for triad linksBusiness | 5 Aug 2019 8:27 pm
Macau casino junkets operator, Suncity Group Holdings (1383) said today that chairman and controlling shareholder Alvin Chau Cheok-wa is not being investigated by Australian authorities and that the company has no business operations in Australia.
Chau also has no intention to go to Australia in the next 12 months and is not aware of reported investigations of Australian casinos, a filing to the Hong Kong stock exchange said .
Australian media reports said last week that Chau, the head of Crown Resorts' major junket partner, Suncity, has been banned from entering Australia as investigators across the region investigate the Macau-based company's alleged links to organized crime.
The Age reported that Chau has been blocked by Home Affairs from entering the country, according to official sources who spoke on condition of anonymity. But Crown Resorts is still allowing the junket to host its own high-roller gaming room inside Crown Casino Melbourne.
Leaked reports from the the Hong Kong Jockey Club reveal club officials were briefed by "Australian Law Enforcement" in May 2017 about their concerns about Chau, The Age reported. Among the concerns was suspected "large-scale money laundering activities.''
The report also states that "Suncity Group's controlling entities ... [including] Alvin Chau ... pose tangible criminal and reputational risks to the [Hong Kong Jockey] club and indeed racing integrity in Hong Kong."
"Suncity key personalities have demonstrated links to numerous triad societies and organized crime figures," said the intelligence report, adding that Chau and a colleague were reportedly members of the 14K triad society.
"Other Suncity entities are connected to known triad figures," it found.
In response to the allegations about Suncity and Chau, a spokeswoman for Suncity, Maggie Tang, said: "Suncity Group started to cooperate with Crown since 2014, and we are now operating one VIP Club in Crown Melbourne. "
"Suncity offers VIP services such as transportation and accommodation arrangement to our guests who would like to travel to Melbourne, and Crown Melbourne."
"In regards to your other questions, Suncity Group will not comment since they involve private and personal matters of Alvin Chau."
Suncity, the biggest junket operator in Macau, also provides VIP gambling tours to casinos run by Crown's rival, The Star, The Age reported from Melbourne.