Home » Analysis: A large number of public officials on Zhou Zhuohua’s gambler list may appear | Xi Mihua | Macau | Gaming

Analysis: A large number of public officials on Zhou Zhuohua’s gambler list may appear | Xi Mihua | Macau | Gaming

by admin

[Epoch Times December 01, 2021](Epoch Times reporter Li Jing comprehensive report) “Macau Little Gambling King” Zhou Zhuohua (nicknamed “Ximi Hua”) was arrested, and his group has developed numerous shareholder-level agents and gambling in mainland China Acting and developing more than 80,000 gambler members. Hong Kong media analysis said that a large number of public officials and state-owned enterprise personnel on the list of Zhou Zhuohua’s gamblers may appear.

Analysis: A large number of public officials and state-owned enterprise personnel involved in gambling may appear

News of the arrest of “Macao Little Gambler” Zhou Zhuohua continues to ferment. Hong Kong’s “Hong Kong Economic Journal” published a commentary by Gao Tianyou, a financial columnist on the 29th, saying that if the person in charge of the Central Bank of the Communist Party described many gamblers using QR codes to transfer their bets, then Zhou Zhuohua would wait for 11 people. After being arrested, the “Zhou Zhuohua List” he has in his hands is probably very shocking.

He inferred that Zhou Zhuohua has a list of 80,000 gamblers, and it is possible to trace the “all manifestations” through the QR code. It’s hard to sleep with a pile of people”.

On November 26, Zhou Zhuohua, the “Little Gambler of Macau”, was arrested by Zhejiang Wenzhou authorities. The Wenzhou police reported that Zhou Zhuohua started to set up online gambling platforms in the Philippines and other places in 2016, developed mainland personnel as shareholder-level agents and gambling agents, and organized Chinese citizens to gamble and participate in cross-border online gambling in overseas gambling halls contracted by him. As of July 2020, the group has developed a total of 199 shareholder-level agents, more than 12,000 gambling agents, and more than 80,000 gambler members in China.

See also  Healthcare does not discount the vaccine: in Friuli 7 other no vax doctors are suspended, first stop for 30 nurses

Analysis: Zhou Zhuohua’s interest chain has a wide range of implications

As early as July 2019, when the Minister of Public Security of the Communist Party of China Zhao Kezhi hosted a special meeting in Beijing, he specifically mentioned the need to crack down on “underground banks” and online payment platforms that provide funds for settlement of crimes such as cross-border online gambling.

Subsequently, the “Economic Information Daily” headed by the Xinhua News Agency of the Communist Party of China published a report titled “The annual bet amount is nearly twice the national lottery revenue, and the huge international online gambling platform penetrates the country deeply.” Gambling platform.

According to reports, the annual betting amount of Suncity online gambling on the mainland is more than one trillion yuan, which is equivalent to nearly twice the annual revenue of China’s lottery. Its annual profit is as high as tens of billions. These funds flow overseas through underground banks.

At that time, the official media also contacted nearly 30 people who had participated in the Sun City online gambling. These people are mainly private enterprises and public officials, covering all social strata.

Current political commentator Chen Simin said that Zhou Zhuohua was arrested today. Looking back at the 2019 official media’s “Extraordinary International Online Gambling Platform Deeply Penetrates the Domestic”, the whole article is questioning that there is an “protective umbrella”. One year of overseas online gambling involving trillions of yuan in funds involved, even underground foreign exchange transactions have to collect funds and settle settlements through countless domestic bank cards; and under the high pressure of the public security department for years, Suncity still uses online gambling to quickly send to China Whether there is an anti-high-tech crime department of the public security system using its power to provide cover for the penetration and spread within the mainland. Therefore, the scope of the money laundering and interest chain that may be involved behind the Zhou Zhuohua case can be imagined.

See also  On the eve of the Mid-Autumn Festival, the mooncake market in Beijing is deserted and manufacturers do not discount |

Before the accident, Zhou Zhuohua had served as a member of the Guangdong Provincial Committee of the Chinese People’s Political Consultative Conference and a member of the Cultural Industry Committee of the Macau Government. After being named in 2019, Zhou Zhuohua is active. At the beginning of the outbreak, Suncity Group donated MOP 30 million to the Hubei epidemic area; in 2020, it was awarded a donation certificate by the Liaison Office of the Central Committee of Macau. During the heavy rain in Henan, Zhou Zhuohua donated MOP 3 million to Henan Province. During the CCP’s “100th Anniversary Celebration”, Zhou Zhuohua also recorded a video to express his gratitude to the CCP.

Lu Media: Zhou Zhuohua uses the “main theme” film money laundering

In addition to operating the gaming industry, Zhou Zhuohua also participated in the investment and production of a number of movies through Sun Entertainment under his control.

Last year, Zhou Zhuohua accepted an exclusive interview with the Chinese Communist Party’s official media “People’s Daily” as the president of the Macau Film and Television Production Cultural Association. He said that he has worked closely with mainland film production units and co-produced “Operation Red Sea”, “Anti-drugs” and “Operation Mekong”. “Waiting for movies.

Bona Pictures in China, which co-produced with Suncity Group, responded on November 29: “Sun Entertainment Culture Co., Ltd. has participated in the investment of the company’s films. The limited company did not invest and pay within the prescribed time, did not actually participate in the film investment, and did not obtain any return on investment.”

See also  They come to contribute their experience to the Grande Matecaña

“Southern Weekend” published “Macau gambling tycoon’Ximihua’ was arrested and used movies to launder money? “The article questioned Zhou Zhuohua’s use of “patriotic films” to launder money.

The listed companies that Zhou Zhuohua holds shares include Sun International, Sun City Group, Sun Entertainment Group, and Kaisheng Holdings. Among them, Sun City Group, which involves many businesses such as gaming and movies, is the core asset of Zhou Zhuohua.

Affected by the news that Zhou Zhuohua was arrested, Sun City Group and Kaisheng Holdings, two of Zhou Zhuohua’s listed companies, were suspended from trading on November 29. After the two companies resumed trading on the 30th, their share prices plummeted. Within a day, the market value of the two listed companies evaporated by nearly HK$2.2 billion.

Editor in charge: Hu Yulong#

.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy