According to Macau Daily News, regarding the relevant reports about Jacky Heung on July 15 by some media and platforms, MGM China hereby explains as follows.
The matter in which Jacky Heung was implicated stems from the credit guarantee provided by him to a third party. As the debt was overdue, MGM also initiated normal legal procedures to deal with the relevant matters. All the money has been repaid in full, and the corresponding legal procedures have been terminated.
The daily business and administrative affairs of gaming companies generally do not need to be disclosed to the media. However, given the inconvenience and trouble this incident has caused to Mr. Heung, the company urges all parties to stop the false reports, and the company will not make further comments on this matter.
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Jacky Heung suspected of being sued by MGM for RMB 1.4 mn in unpaid gambling debts in Macao
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