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Keyword: wynnmacau

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  • Macau is getting rocked by reports of a $258 million casino heist

    09/14/2015 11:26:39 AM PDT · by Kartographer · 11 replies
    Business Insider via Yahoo ^ | 9/14/15 | Linette Lopez
    Some more bad news for Macau's high rollers — or what is left of them. On Thursday, the Hong Kong-based investment bank Daiwa Capital Markets published a report saying that as much as $258 million had been stolen from a junket operating inside Wynn Macau. In Macau, junkets operate as third parties within casinos, bringing in cash that high rollers — the VIPs who bet big at the casino — use to leverage their bets. It is suspected that employees of Dore Holdings, the junket working inside the casino, made off with the cash.