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Home›Macau›Gaming | US-based union on the watch for junkets

Gaming | US-based union on the watch for junkets

By -
Monday, April 27, 2015
98
0

Gaming  US-based union on the watch for junkets

US-based International Union of Operating Engineers (IUOE) has sponsored the launch of a website called Macau Gaming Watch. The organization, which claims to represent over 2,000 stationary engineers in Nevada and previously launched the now-defunct website CasinoLeaks-Macau, calls the new site “independent” and “critical,” and aims for it to be “the first-stop source for people investigating gaming in Macau.”
With a local union affiliate in Las Vegas, the IUEO said it supports an organizing drive by employees of Wynn and Encore casinos, owned by Wynn Macau’s parent company, Wynn Resorts. “The IUOE is constantly organizing new members in Las Vegas. Whenever engaged in organizing or bargaining we seek to thoroughly research the company. Doing so helps the IUOE better represent its members,” stated the website.
The new site has released information on Macau junkets and VIP gaming operators, including the “Neptune Guangdong Group” and “Hoi Fong” Entertainment. Drawing on the “recent tumult” in Macau’s gaming industry, the IUOE said that it is now expanding its research to explore more elements of the industry. “The site will initially look into Wynn Macau’s junkets. However, we will later explore the junket/VIP operators at other casinos as well,” it says.
The IUOE, declaring itself a shareholder of Wynn Resorts Ltd, has also launched a website called Cotai Land Deal. The site has presented its ongoing research as a real estate transaction of the Wynn Macau’s Cotai land, with key documents and findings.
Similarly, the new website said its findings are, “based on public records and publicly available information from Macau, Hong Kong, mainland China and other jurisdictions […] They include corporate filings, stock exchange disclosures, court judgments, property records and regulatory documents.” BY

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