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Alvin Chau, LET Group Holdings, Summit Ascent Holdings, Hong Kong Stock Exchange, HKEX

HKEX Threatens Alvin Chau Companies with Delisting Over Russia Deal

Two companies formerly controlled by fallen junket king Alvin Chau could be booted from the Hong Kong Stock Exchange, the city’s securities regulator (SFC)...

Philip Conneller February 16, 2024
Penn stock

Penn CEO Open to Acquisitions, Sees Limited Las Vegas Opportunities

Penn Entertainment (NASDAQ: PENN) is open to dealmaking to add to its portfolio of land-based casinos. But CEO Jay Snowden doesn’t currently see much...

Todd Shriber February 16, 2024
Macau Chinese Bank, Macau, Yau Wai Chu, Bobo Ng, Liu Haigui

Ex-Macau Bank Exec Indicted for Fraud Linked to Bogus Casino Loans

The former president of the Macau Chinese Bank has been arrested for fraud, according to news reports from the gambling hub. Yau Wai Chu...

Philip Conneller February 12, 2024
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