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December 12, 2017

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Hedge funder says massive heist may have been Macau’s ‘Lehman’ moment


John Katsilometes

A nightfall view of Venetian Macau from a Crown Towers suite

In April, Huang Shan, a shareholder in the Kimren Group, one of Macau's top high-roller promoters, took $1.3 billion worth of the company's money and vanished.

Now Macau's entire junket funding system is facing a crisis of faith that could change the face of Asia's gambling mecca as we know it.

To see the full story, click here.

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