Suncity Chairman will not Take Legal Actions against Media

Suncity Group Chairman Alvin Chau Cheok Wa said that no legal action would be taken against any media.

Last week, the Economic Information Daily, a state-owned newspaper, reported that Suncity had raked in billions of US dollars in online gaming and proxy betting, causing great harm to mainland China’s social economic order.

Chau held a press conference at Mandarin Oriental in Nape where he read out a statement, insisting that his company and related companies have not engaged in any business violating mainland and local laws.

Chau said he was not being investigated by the mainland authorities and was not on the central government’s “wanted” list. He also said that he was “deeply sorry for all the inconvenience caused” to the government and possible negative impact on the local gaming operators and hoped that “the concerns generated in both mainland China and the Macau Special Administrative Region will be eased.”

Last week, Suncity published a statement alleging that the Economic Information Daily’s “false report” was “mostly subjective, imagined and based on hearsay,” seriously damaging the company’s reputation, adding that the company strongly condemned the report and reserved the right to take the necessary legal action.