From construction worker to “Casino King,” Alvin Chau symbolized Macau’s rise as a gambling hub. His arrest portends tougher times ahead.
last month, Alvin Chau ferried Chinese high-rollers to casinos in Macau, bringing tens of billions of dollars into the city as it tore past Las Vegas to become the world’s richest gambling hub.
His meteoric rise from construction worker to Macau’s top money spinner mirrored that of his hometown, where glitzy resorts sprung up after China resumed sovereignty of the former Portuguese colony in 1999 and opened up casinos to foreign investment.
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