L’Arc Casino Senior Staff Member Investigated over Alleged Embezzlement

L’Arc Casino Senior Staff Member Investigated over Alleged Embezzlement

Macau’s Judiciary Police confirmed on Tuesday that L’Arc Hotel and Casino situated on the Macau Peninsula had reported an so-called embezzlement of somewhat lower than HK$100 million by a staff that is senior at the gambling location.

L’Arc Casino started doorways during 2009 and is among the fifteen satellite gambling venues operated under a unique solution contract with Macau-based casino concessionaire SJM Holdings Ltd.

Chan Cho Man, spokesman for Judiciary Police, said at a Tuesday briefing that the way it is had been reported by the satellite casino on Sunday and confirmed that the staff that is senior had been certainly being examined for presumably embezzling the quantity of HK$99.7 million (US$12.9 million) from L’Arc Casino.

The spokesman further noted that no suspects happen arrested yet, but refused to name the senior employee.

Local media reported that the casino at L’Arc was one of the business passions of Angela Leong On Kei, a shareholder and Executive Director at gambling operator SJM Holdings. When expected in regards to the investigation that is ongoing Ms. Leong told reporters that she was not active in the location’s day-to-day operations. She also expressed hopes that the police would act in due way and would achieve quick outcomes.

The statement about the fraud investigation during the above-mentioned casino arrived many months after Macau-based junket operator Dore Entertainment Co. Leggi tutto “L’Arc Casino Senior Staff Member Investigated over Alleged Embezzlement”

The Star to Add Resort Tower at Sydney Casino An agenda for the addition

The Star to Add Resort Tower at Sydney Casino An agenda for the addition of a 200-meter resort tower along with other amenities at the existing Star Casino in Sydney was presented to New Southern Wales Premier Mike Baird and their administration.

Gambling operator The license is held by the Star Entertainment Group for the operation of Sydney’s only casino. However, the business’s exclusive right is defined to expire in 2019. Rival operator Crown Resorts happens to be granted a permit to create a multi-billion built-in resort at Barangaroo. Researching to fight down competition, The celebrity provided an idea for the establishment of the hotel tower perhaps not definately not Crown Resorts’ home.

The Star explained so it would like to include luxury accommodation alternatives for its well-to-do customers that are chinese. The gambling company’s two Hong Kong-based partners Far East Consortium and Chow Tai Fook have actually proposed to turn The Star Casino in to a six-star, multi-billion-dollar built-in resort with numerous food and drink, accommodation, and entertainment choices.

The 3 businesses are working together on the establishment associated with the A$3-billion incorporated resort during the Queen’s Wharf precinct in Brisbane. a spokesperson for The Star said that rich Chinese tourists are looking new exciting destinations and that the casino company is thinking about shooting their attention. He further noted that Sydney’s occupancy prices are ‘at spillover capability’ and there is interest in extra supply. Leggi tutto “The Star to Add Resort Tower at Sydney Casino An agenda for the addition”