China’s national TV broadcaster, China Central Television (CCTV), reported Monday that online gaming sites allegedly operate by former Macau-based junket Suncity Group generated turnover of RMB 300 billion (US$42 billion) from mainland Chinese gamblers between 2015 and 2019. Suncity and its CEO, Alvin Chau, profited to the tune of RMB 8.7 billion (US$1.22 billion), it added.
The update was provided after the court case of Chau, which saw him sentenced to 18 years in prison last January, was named by CCTV as one of China’s “Top 10 Cases of 2023” based on a survey conducted in December, having attracted 2,059,003 votes.
