The Suncity Group is a premium Asian conglomerate and entertainment company. It has been in the business for over a decade now, providing a diverse range of services that range from real estate to tourism and film production. In addition to operating Suncity Casino, it is also involved in management, finance, and film production. The group's main focus is on providing massive entertainment throughout the world. Its subsidiaries include Suncity Resorts, a Las Vegas-style casino, and several other casino properties around the globe.
The Suncity Group has also entered into a consultancy agreement with Golden Sky to build an integrated casino resort in Sihanoukville, Cambodia. It will feature over 2,000 lodging keys and 500 gaming tables, as well as more than 3,000 electronic gaming devices. The project is intended to serve the region's high-end tourists and local gamblers. It also has aspirations to develop an integrated resort in Wakayama, Japan, and a luxury hotel in Singapore.
Previously, Suncity casino in Manila was a joint venture between the company and the Okada Manila casino resort. Its CEO, Alvin Chau Cheok Wa, formerly the chairman of the group, is now working as the CEO of the newly renamed Suntrust Group Holdings Ltd. The company's other subsidiary, Suntrust Home Developers Inc., said last week that work on the Westside City Project has begun.
The company is not the only one affected by the situation. Its other properties have also suspended operations. The Suncity Group has been implicated in a number of wrongdoings in the past, and the latest allegations are just another blow to its reputation. Despite the recent legal battle, the casino has remained a strong force in the gaming industry. It hopes to obtain the coveted gaming concessions in 2022. Its CEO, Alvin Chau, has a long history of resort management, and he recently gained a Vietnamese Casino Operating License.
The Suncity Group is now developing a US$1 billion Manila casino and hotel complex. It is also 51% owned by Suntrust Home Developers Inc., and has no commercial operations. It is constructing a 5-star hotel complex in the Philippines. Moreover, it plans to add a Suntrust Home Developers hotel to the complex. And despite the recent lawsuits, the casino has not been able to open yet.
The Suncity Group has been accused of a large number of illegal activities involving casino gambling. Its founders have denied any illegal activities. The group has received two Chinese government grants and is planning to open a luxury resort in the Philippines in the near future. Moreover, Suncity has a reputation for being one of the most successful junket promoters in the world. The casino has become the hub of tourism in the country, as it is the largest in terms of revenue.
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