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 so-called embezzlement of just a little lower than HK$100 million by a senior employee at the gambling venue.

L’Arc Casino exposed doors in 2009 and it is one of the fifteen satellite gambling venues operated under a unique solution agreement with Macau-based casino concessionaire SJM Holdings Ltd.

Chan Cho guy, spokesman for Judiciary Police, stated at a Tuesday briefing that the scenario was reported by the satellite casino on Sunday and confirmed that the senior staff member was indeed being examined for presumably embezzling the amount of HK$99.7 million (US$12.9 million) from L’Arc Casino.

The spokesman further noted that no suspects have been arrested yet, but declined to mention the staff member that is senior.

Local news stated that the casino at L’Arc had been among the list of business passions of Angela Leong On Kei, a shareholder and Executive Director at gambling operator SJM Holdings. When expected in regards to the ongoing investigation, Ms. Leong told reporters that she had not been involved in the location’s day-to-day operations. She additionally expressed hopes that the police would act in due manner and would achieve results that are quick.

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

Celebration Jamaica and Harmony Cove to Break Ground on Casino Resorts by Summer

Construction work with exactly what could be Jamaica’s first built-in casino resort is likely to start in 2016, neighborhood news reported. Celebration Jamaica Resort & Casino will feature 2,000 resort rooms, a casino, and a wide range of activity and meals and drink choices.

The complex will occupy a parcel that is 75-acre of based in Rose Hill, within the Montego Bay Area. The task will be rolled out in a number of phases. The amount of $500 million is expected to be spent on the completion of stage 1.

At first, the resort shall offer 1,000 resort rooms, with 1,000 more to be added later on. And as stated earlier, it will also feature a gambling that is 100,000-square-foot with casino games and recreations betting choices, retail room, a Caribbean World musical Entertainment elaborate, and many other amenities.

Businessman Robert Trotta, who’s behind the multi-million-dollar task, explained that the integrated resort will aim at celebrating Jamaican music and everything Jamaican. The complex that is whole likely to cost $1.8 billion and once fully operational, it shall employ as much as 12,000 individuals straight. No completion date was announced yet for Jamaica’s first resort that is integrated.

Last year, Jamaica officials approved the growth of two such resorts that are integrated Jamaica and Harmony Cove. Construction on the latter can be anticipated to start by the summer of 2016. Read more