Wynn Macau, a subsidiary of US-based gambling and hospitality giant Wynn Macau Ltd. has expressed concerns over the use of its name in an $8 million online gambling scam.
Speaking to regional gaming news portal GGRAsia, the casino operator said that it is concerned about the Chinese state media report which claims that online gambling syndicate that raked in about CNY55 million (US$7.9 million) was using “Wynn Macau” to promote its digital communication app in mainland China.
In a statement to the news portal, Wynn Macau said that they are highly concerned about the incident and have been in touch with the Macau Gaming Inspection and Coordination Bureau (DICJ).
“Wynn Macau does not engage in any online investment or gaming sites. We encourage the public to be extremely wary of any sites claiming to have a connection with Wynn,” Wynn Macau said in its statement.
Wynn Macau is amongst the six license holders allowed to operate a casino in Macau. There are a total of three US-based gambling operators having a casino license in the Chinese-controlled territory. The gambling operator runs Wynn Macau resort and Wynn Palace resort in the Cotai district.
Earlier in the week, on Tuesday. State-owned China News Service reported that the police had busted an online gambling syndicate in Guiyang, the capital of Guizhou province in southwest China. In the report, the state media claimed that the illegal gambling syndicate was using legally-protected “Wynn Macau” name.
While further details of the incident have not been revealed, the report does not specifically mention online gambling as such but addresses it as an investment scam.
Gambling is illegal in China and it is only allowed in Macau. However, online gambling is totally illegal in all of China and they have been vocal about having online gambling banned in the region.