L’Arc Casino Senior Employee Investigated over Alleged Embezzlement

L’Arc Casino Senior Employee Investigated over Alleged Embezzlement

Macau’s Judiciary Police confirmed on Tuesday that L’Arc Hotel and Casino located on the Macau Peninsula had reported an alleged embezzlement of only a little less than HK$100 million with a staff that is senior at the gambling place.

L’Arc Casino exposed doorways during 2009 and is one of the fifteen satellite gambling venues operated under a service that is special 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 had been indeed being investigated for allegedly embezzling the quantity of HK$99.7 million (US$12.9 million) from L’Arc Casino.

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

Local news reported that the casino at L’Arc had been among the list of company interests of Angela Leong On Kei, a shareholder and Executive Director at gambling operator SJM Holdings. When expected about the ongoing investigation, Ms. Leong told reporters that she was not mixed up in venue’s day-to-day operations. She also indicated hopes that the police would work in due way and would achieve quick results.

The announcement concerning the fraud investigation at the casino that is above-mentioned several months after Macau-based junket operator Dore Entertainment Co. Continue reading “L’Arc Casino Senior Employee Investigated over Alleged Embezzlement”

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

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

Construction focus on just what will be Jamaica’s first integrated casino resort is expected to start in 2016, neighborhood media reported. Celebration Jamaica Resort & Casino will feature 2,000 rooms in hotels, a casino, in addition to a amount of activity and food and beverage choices.

The complex will occupy a parcel that is 75-acre of positioned in Rose Hill, within the Montego Bay region. The project will be rolled out in a number of phases. The quantity of $500 million is anticipated to be used on the completion of Phase 1.

In the beginning, the resort will offer 1,000 hotel rooms, with 1,000 more to be added afterwards. So that as mentioned above, it will likewise feature a gambling that is 100,000-square-foot with casino games and sports betting options, retail area, a Caribbean World musical Entertainment specialized, and a number of other amenities.

Businessman Robert Trotta, that is behind the project that is multi-million-dollar explained that the integrated resort will aim at celebrating Jamaican music and everything Jamaican. The entire complex is likely to cost $1.8 billion and when fully operational, it’ll employ around 12,000 people directly. No conclusion date has been established yet for Jamaica’s first resort that is integrated.

This past year, Jamaica officials approved the growth of two such integrated resorts Celebration Jamaica and Harmony Cove. Construction regarding the latter is also anticipated to start with the summer of 2016. Continue reading “Celebration Jamaica and Harmony Cove to Break Ground on Casino Resorts by Summer”