L’Arc theft allegedly involves ‘Broken Tooth’ VIP room

Another incident of internal gaming theft in Macau was revealed over the weekend after it transpired that the L’Arc Macau casino had notified the police that it had been a victim of theft in one of the casino’s VIP rooms.
According to Hong Kong’s Economic Journal, the Judiciary Police received a report estimating the loss of around HKD1 million from a VIP room at the L’Arc casino, which operates under an SJM license.
The VIP room reportedly operated a “profit-sharing area,” whereby an operator and junket partners share profits and losses at these tables at a predetermined ratio. The employee alleged to be behind the theft was responsible for looking after these shared tables.
It is the second case of internal theft at L’Arc Macau this year, though it is significantly smaller than the HKD99.7 million-theft reported by a senior executive at the affected junket last month. An article on gaming news website Calvin Ayre reports that the theft occurred in a VIP room allegedly controlled by Wan “Broken Tooth” Kuok-koi –
the former leader of the notorious 14K Triad.
Wan’s release in December 2012, after serving a 14-year sentence for illegal gambling, loansharking and criminal association, saw the former triad leader announce the resumption of his activities in Macau’s junket industry. More recent reports confirmed that Wan had opened a new VIP room in an unidentified casino, which the Economic Journal reported on Thursday to be the L’Arc casino. Staff reporter