Suncity Group held Press Conference to explain that the laws and regulations of the Macao SAR serve as the standard for future overseas business

July, 13/2019 - 10:37
Suncity Group held Press Conference to explain that the laws and regulations of the Macao SAR serve as the standard for future overseas business

HONGKONG, CHINA - Media OutReach - 13 July 2019 -In regards to the recent media reports about Suncity Group, a press conferencewas held on 13th July, and Chief Executive Officer and Director ofSuncity Group, Mr Alvin Chau, made further explanation.





 

He said, Sun City Gaming PromotionCompany Limited operates junket promoting business legally. The Company andother related companies around the world are officially licensed. The Company hasnot operated the so-called online gaming platform, which is promoting gamingand conducting monetary settlement in Mainland China without physical gamblingchips. Company profit has not exceeded the revenue of China Lottery, andabsolutely has not disturbed the national financial order. All turnover dataand income of the Company are officially announced by authority every month.

 

He also said during the press conferencethat, the Company has always complied with the laws and regulations of theMacao SAR, and this will continue to serve as the standard for future operationof the Group's products and services. For any products that are legally allowedto operate in other countries and regions, the Company will not adopt them ifthe laws of Macao do not allow it and will strictly adhere to the law of Macao.

 

He reiterated that, the Company andother related companies have not engaged in any business that violates the lawsof the People's Republic of China and the Macao SAR. No legal actions againstany media will be taken for this incident. He also appreciated the media forsupervising the Company.

 

Suncity Group is deeply sorry for theall the inconvenience caused to the Macao Government and the possible negativeimpact on Macau gaming concessionaires. We hope the concerns generated in bothMainland China and the Macao SAR will be eased.

 

High-resolution images can bedownloaded in the gallery:

https://dropbox.suncity-group.com/url/0713presscon

 

About Suncity Group

Suncity Group wasfounded in 2007. Since establishment, Suncity Group has been striving toprovide the extraordinary VIP entertainment service for our guests, and we thenopened a number of VIP Clubs in various 6-star hotels and resorts throughoutMacau with the rapid growth of our business. Meanwhile, we successively set upexclusive VIP Clubs in Manila, Melbourne, Sydney, Seoul, Incheon, Phnom Penh andDa Nang, etc.

 

Adhering to thespirit of "Innovating With Diversity, Striving For Success", Suncity Groupspared no effort to develop high-end entertainment services and products aswell as roll out global VIP loyalty program for the selected members to enjoyentertainment, travel, catering services, luxury shopping and motion picture.Today, the scope of our business covers most sectors, especially in the fieldsof global travel, film production, concert and event planning, catering and luxurygoods.

 

As a Macau born andbred enterprise, Suncity Group is not only devoted to develop the Asian market,but also oriented to expand the global network. In the future, we will surelycontinue to diversify our VIP entertainment services, attract more exclusivemembers and make every effort to promote our business in every corner of theworld.

Official website | www.suncity-group.com

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