Gambling group Suncity shuts VIP gaming rooms in Macau -sources

A logo of Macau junket operator Suncity Group is seen at a gaming fair in Macau, China November 18, 2015. REUTERS/Bobby Yip/File Photo

HONG KONG, Dec 1 (Reuters) – Embattled gambling group Suncity Group Holdings (1383.HK) has closed all VIP gaming rooms in Macau, the world’s largest gambling hub, after the company’s CEO was arrested, two sources with direct knowledge of the situation told Reuters.

The shutting of the company’s VIP rooms will result in a cut of around a third of its Macau headcount, according to one of the sources, a senior casino executive who declined to be identified as the closure has not been publicly announced.

Suncity Group, whose shares were suspended from trade on Wednesday, did not immediately respond to a request for comment.

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