You are here

Junket king of Macau plans to invest billions in Japan, Vietnam

Suncity, which operates VIP rooms, eyes owning stakes in casinos, bidding on contracts to manage others' casinos

Suncity's Andrew Lo expects his Macau business to grow for the next six months to a year because of improving conditions in the Chinese economy and real-estate market.

Hong Kong

MACAU'S biggest junket operator wants to be more than a middleman lender for Chinese high rollers, so it's spending billions of dollars to transform itself into an overseas casino operator on par with Las Vegas Sands Corp and Wynn Resorts Ltd.

Suncity Group, which...

Market voices on: