Casino Boom Spotlights Adelson's Chinese Links

U.S. Regulators Ill-Equipped To Keep Track of Macau Crooks

Under the Table: Investigators are ill-equipped to deal with problems posed by Chinese underworld involvement in Macau casinos like those owned by billionaire Sheldon Adelson.
getty images
Under the Table: Investigators are ill-equipped to deal with problems posed by Chinese underworld involvement in Macau casinos like those owned by billionaire Sheldon Adelson.

By Reuters

Published October 24, 2012.
  • Print
  • Share Share
  • Single Page

(page 6 of 6)

A key former backer of Neptune is Cheung Chi Tai, named in the same 1992 Senate report as a top lieutenant of the Wo Hop To triad. In a more recent Hong Kong criminal trial, an informant testified that Cheung was a triad leader and in 2008 ordered him to murder a card dealer suspected of cheating at a Sands VIP room in Macau where Cheung had an ownership interest. Lower-level triad members were convicted in the case, while Cheung was not charged and could not be reached for comment.

Cheung helped underwrite Neptune’s purchase of a stake in junket operator Hou Wan in 2007 and for a time owned 8 percent of Neptune. Though Cheung disposed of his stake, he has maintained other connections to Neptune, corporate records in Hong Kong and Macau show.

For example, his 50-50 partner in a company begun in 2003, Lei In Peng, also owns a firm that has more than 18 percent of Neptune’s stock. Lei couldn’t be reached for comment.

Neptune’s chairman, Lin Cheuk Fung, served as an independent agent from 2005 to 2009, signing up to bring gamblers to Wynn and MGM casinos in Las Vegas. Neptune didn’t respond to requests for comment, while Lin couldn’t be reached.

Wynn acknowledged using Lin as an agent but declined to comment further. MGM spokesman Alan Feldman said only that his company had “a comprehensive and robust compliance program that involves several former regulators and law enforcement officials who review all of our junket operators.”

Though Neptune’s links are complex, they are easier to untangle than most junket operators because the company is publicly traded. Investigators in both Las Vegas and Macau say they simply don’t know who stands behind many of the other junkets.

Overall, said casino consultant and author Jim Kilby, the junket issue “may be too big for gaming regulations.”


The Jewish Daily Forward welcomes reader comments in order to promote thoughtful discussion on issues of importance to the Jewish community. In the interest of maintaining a civil forum, The Jewish Daily Forwardrequires that all commenters be appropriately respectful toward our writers, other commenters and the subjects of the articles. Vigorous debate and reasoned critique are welcome; name-calling and personal invective are not. While we generally do not seek to edit or actively moderate comments, our spam filter prevents most links and certain key words from being posted and The Jewish Daily Forward reserves the right to remove comments for any reason.





Find us on Facebook!
  • Is pot kosher for Passover. The rabbis say no, especially for Ashkenazi Jews. And it doesn't matter if its the unofficial Pot Day of April 20.
  • A Ukrainian rabbi says he thinks the leaflets ordering Jews in restive Donetsk to 'register' were a hoax. But the disturbing story still won't die.
  • Some snacks to help you get through the second half of Passover.
  • You wouldn't think that a Soviet-Jewish immigrant would find much in common with Gabriel Garcia Marquez. But the famed novelist once helped one man find his first love. http://jd.fo/f3JiS
  • Can you relate?
  • The Forverts' "Bintel Brief" advice column ran for more than 65 years. Now it's getting a second life — as a cartoon.
  • Half of this Hillel's members believe Jesus was the Messiah.
  • Vinyl isn't just for hipsters and hippies. Israeli photographer Eilan Paz documents the most astonishing record collections from around the world:http://jd.fo/g3IyM
  • Could Spider-Man be Jewish? Andrew Garfield thinks so.
  • Most tasteless video ever? A new video shows Jesus Christ dying at Auschwitz.
  • "It’s the smell that hits me first — musty, almost sweet, emanating from the green felt that cradles each piece of silver cutlery in its own place." Only one week left to submit! Tell us the story of your family's Jewish heirloom.
  • Mazel tov to Chelsea Clinton and Marc Mezvinsky!
  • If it's true, it's pretty terrifying news.
  • “My mom went to cook at the White House and all I got was this tiny piece of leftover raspberry ganache."
  • from-cache

Would you like to receive updates about new stories?




















We will not share your e-mail address or other personal information.

Already subscribed? Manage your subscription.