Dore Entertainment Co is a Macau-based junket operator.
The final court ruling on Wynn Macau’s liability in the Dore Entertainment case could change the landscape of VIP gaming in Macau, according to gaming expert António Lobo Vilela.
Macau’s Court of Second Instance has overturned an earlier ruling in favor of junket operator Dore Entertainment and casino operator Wynn Macau, local media reports. In September 2015, a former cage manager working for Dore Entertainment allegedly stole more than HK$100 million, using her position in a VIP room in Wynn Macau to illegally pool […]
Junket operator Dore Entertainment was ordered by Macau’s Court of First Instance to repay a gambler HK$6 million ($764,400) in lost gaming chips, plus interest. The same court absolved Wynn Resorts of responsibility in the case, according to local media reports. In September 2015, a former cage manager allegedly stole more than HK$100 million, using […]
Macau’s Court of First Instance has ordered local resident Chao Ioc Mei to repay junket operator Dore Entertainment a total of MOP 103 million (US$12.9 million), local media reports. Ms. Chao had allegedly absconded with several hundred million last year from Dore Entertainment Co. Ltd, using her position to illegally pool deposit capital by offering […]
Wynn Macau has been named a defendant in the Macau Court of First Instance by individuals who claim to be investors in or person with credit in accounts maintained by junket operator Dore Entertainment Company Limited. In an interim results filing for 16H1, Wynn Macau said the lawsuits are in connection with the alleged theft […]
Dore Entertainment is planning to close one of the three VIP rooms it operates in Wynn Macau, local media reports. The Macau Daily Times reported that lawmaker Pereira Coutinho said the junket operator had little choice but to close its rooms following a scandal in which an employee allegedly stole an estimated HKD270 million ($35 […]
Macau’s Judiciary Police has received complaints that a junket operator and other parties have lost a total of HKD330 million ($43 million) as a result of the Dore junket employee theft, higher than what some analysts put the sum at. According to the Macau Daily Times, 30 other complaints including from Macau and mainland China […]
The Dore junket theft scandal should not trigger the same chain events that unfolded in the wake of the Huang Shan incident, HSBC Global Research said in a note. Reports indicating that Dore Holdings has promised to honor the deposit by its investors and agents has provided comfort to the agent community. “We think this […]
Sterne Agee said according to its checks the female cage employee accused of stealing from junket operator Dore may have colluded with others to abscond with “several hundred million HKD.” Analyst David Bain said checks cite HKD270 million ($35 million) as being missing from the Dore Group, far from the up to $2 billion in […]