Suncity Group Statement of Clarification
Statement of Clarification
Sun City Gaming Promotion Company Limited (hereinafter referred to as ”Company”) hereby declares that, under the authorization of the Macau Special Administrative Region, the company is the legitimate institution granted with Junket Promoter License, any engagement in the junket promoting business is legalized with rightful permissions. The Company has no possession of any casino and gaming tables, neither does it operate any online gaming business.
The junket promoting business, operated by the Company and other related companies in Macau and other geographical areas, is rigorously licensed to perform in accordance with legal requirements and the license conditions. All operations data is announced regularly through the formal official channel with no discrepancy and does not contain any false information nor misleading statements.
Since establishment, Suncity Group has been striving to expand its business scope across the globe. The VIP gaming service, together with hotel and integrated resorts management, entertainment, global tourism, food and beverage and luxury fashion, jointly constitute as the six core businesses of Suncity Group.
In response to the current misrepresentation and misleading reports regarding the Sun City Gaming Promotion Company Limited, the Company hereby reiterates that the relevant information could contain subjective speculation and therefore has led to reputational damages to the Company and its shareholders. The Company expresses strong condemnation and reserve the right to take necessary legal action.
Sun City Gaming Promotion Company Limited
July 08, 2019