In response to the recent rumours circulating on the Internet, Alvin Chau, Chief Executive Officer and Director of Suncity Group, responded in a video today, he said, ‘According to the information provided by different institutions, there is an indication that a nationwide anti-crime operation has been conducting recently by the Mainland public security authorities, which is completely inconsistent and irrelevant with the “Targeting Suncity” as mentioned in the rumours. I strongly condemn all the rumour-mongering and dissemination of any unfounded information!’
Alvin Chau made a detailed statement on three points in particular; first, the late rumours about “Suncity Group subsidizing Hong Kong rioters” are extremely absurd and unreasonable. Deeply rooted in Macau with wholehearted devotion to the Motherland, Suncity Group never supports any actions that may jeopardize the country.
Second, the law enforcement authorities in the Mainland China are said to possess customer information of Suncity VIP Club. Alvin Chau emphasized that the Group has never received any request from overseas or the Mainland China demanding customer information. As an institution lawfully registered in Macau and regulated by the Macau Personal Data Protection Act, Suncity Group is strictly forbidden to arbitrarily disclose any customer information. The Group’s mobile app is operated and maintained by a professional team, in which no customer information will be stored in the system, and the server placed in Macau. The 24-hour monitoring system has not recorded any hacker attacks. Alvin Chau reiterates that Suncity VIP Club has never encountered any leakage of customer information.
Third, Suncity VIP Club is undeniably financially robust. To ease public concerns, Alvin Chau has disclosed the current financial situation in the video – Suncity VIP Club recognized a total amount of fiscal reserve of HKD 10.58 billion, the total amount of cash flows in Cage to be used in the daily operation of the VIP Club is HKD 18.6 billion, plus a total deposit of HKD 16.5 billion in two Macau banks. The Group’s total assets can absolutely be used to offset all chip deposits of all clients, foreseeable losses and bad debts.
Alvin Chau emphersized that, Suncity Group has completely abided by the law in operating tourism and gaming business in Macau. The Group has neither any colleagues stationed nor participated in any gaming-related duty in the Mainland China. All employees, funds and systems are entrenched in Macau, and in other countries that can operate VIP Club business legally.
Founded in 2007 and being the leading Asian junket operator, Suncity Group opened a number of VIP Clubs in various 6-star hotels and resorts throughout Macau, and set up exclusive VIP Clubs in Manila, Seoul, Incheon, Phnom Penh and Da Nang, etc with the rapid growth of business.
