The former CEO of Macau junket operator Suncity Group, Alvin Chau, has been sentenced to 18 years in prison by the Macau Court of First Instance after being found guilty on multiple charges.
Chau has also been ordered to pay HK$6.5 billion (US$831 million) in civil compensation to the Macau government for lost revenue from “betting under the table” in Suncity VIP rooms, plus further compensation to five concessionaires: Wynn Macau, Galaxy Entertainment Group, MGM China, Sands China and SJM Resorts.
A total of over HK$2 billion (US$250 million) will be paid to those concessionaires, comprising HK$770 million (US$98 million) to Wynn, HK$550 million (US$70 million) to Galaxy, HK$300 million (US$38 million) to MGM, HK$290 million (US$37 million) to Sands and HK$170 million (US$22 million) to SJM.
