Shares in Macau’s Suncity collapse after boss detained


SHARES in Macau’s largest junket operator Suncity plummeted more than 48% today after boss Alvin Chau was detained for allegedly running illegal betting activities overseas.

Chau was placed in custody by a criminal court in the city yesterday following his arrest at the weekend over allegations he ran an illegal syndicate, a move that has sent fresh business jitters through the gambling enclave.


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