March 12, 2012

Who’s money laundering in Macau?!

There has been speculation and rumours in the Asian press that unnamed suites in top hotels had been allegedly “decked out to look like genuine gambling halls with security staff, dealers and other customers.” The report, in the South China Morning Post alleges that punters drinks were spiked and bogus chips were handed out.

The hotel in question hasn’t been named and is again, only speculated within the report. The Asia Sentinel blogged: “The story, which the paper has not followed up, clearly suggested that the company, despite its legions of security staff and cameras, either had no control over what was going on there, or had knowingly subcontracted rooms to a mainland group which was given carte blanche to make its own arrangements within the hotel as well as freedom to bring in clients from the mainland. Although these side rooms, often operated by triads, have been a fixture of Macau’s gaming scene for decades, they had been thought to have been prohibited by the multinational gaming companies.”

According to the report, the gang that organized the heist had crossed the border at least 19 times in the previous two years before 16 people were arrested in a raid on a luxury hotel and charged with fraud and drug trafficking.

The report goes into speculating which hotel this could be, the Asia Sentinel thinks it could be: “the Venetian Macau, the largest hotel/casino complex in Macau, which is owned by Las Vegas Sands, the US-based empire of gambling magnate Sheldon Adelson.”

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