Suncity Group

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    Suncity ups stake in Summit Ascent to almost 28 percent

    Suncity Group Holdings has bought a further 24.68 percent stake in Summit Ascent Holdings for HK$717.8 million ($91.5 million) as it seeks to build an “integrated tourism-related platform.”

    Summit Ascent deputy chair resigns

    Summit Ascent said its executive director and deputy chairman John Wang has resigned to pursue other business interests with effect from April 12.

    Casino boom attracts junket interest

    Cambodia’s casino boom is continuing, with a 53 percent increase in licenses granted during 2018 and growing interest from Macau-based operators and junkets as Chinese tourism and investment surges.

    Indochina opportunities clouded by political, economic risks

    Despite regulatory uncertainty and a relatively high risk profile, land-based operators will be closely watching developments across the Indochina region over the coming months.
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