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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 alleged embezzlement of just a little lower than HK$100 million by a senior staff member at the gambling venue.

L’Arc Casino launched doors in 2009 and is one of many fifteen satellite gambling venues operated under a unique service contract with Macau-based casino concessionaire SJM Holdings Ltd.

Chan Cho guy, spokesman for Judiciary Police, stated at a Tuesday briefing that the situation was reported by the satellite casino on Sunday and confirmed that a senior employee ended up being certainly being investigated for allegedly embezzling the amount of HK$99.7 million (US$12.9 million) from L’Arc Casino.

The spokesman further noted that no suspects were arrested yet, but declined to call the staff member that is senior.

Local media stated that the casino at L’Arc was among the business interests 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 had not been active in the location’s day-to-day operations. She also expressed hopes that law enforcement would work in due way and would attain quick results.

The statement about the fraudulence research at the above-mentioned casino arrived almost a year after Macau-based junket operator Dore Entertainment Co. Read More

Construction of Belleville Casino to Impact Gananoque’s Thousand Islands Expansion

Construction of Belleville Casino to Impact Gananoque’s Thousand Islands Expansion

Gambling operator Great Canadian Gaming Company has made progress that is considerable developing a casino in the town of Belleville, Ontario. But, individuals with knowledge of the matter expressed issues that the gambling property may have a effect that is negative the potential expansion associated with the existing Thousand Islands Casino into the town of Gananoque.

The video gaming business ended up being authorized by the Ontario Lottery and Gaming Corporation to take charge associated with gambling venues in the East Gaming Bundle. The said bundle includes the above-mentioned Thousand Islands Casino as well as the Slots at Kawartha Downs in Fraserville, along with the possible brand new casino in Belleville.

The brand new gambling facility is become situated on the city’s Bell Boulevard. Great Canadian has previously noticed that the site is ‘a prime location’ for its casino.

The gambling operator would take over the two existing gambling venues in the East Gaming Bundle on January 11 under the terms of its agreement with the OLG. Commenting in the matter, OLG spokesman Tony Bitonti said that the properties’ transition is ‘going perfectly’ and that the corporation is pleased about the progress in Belleville.

Chuck Keeling, Vice President for Great Canadian, told news that the construction associated with Belleville casino is the priority at the moment. The state also noticed that they truly are now waiting for the outcome from geotechnical and ecological studies. Read More