Hong Kong-listed casino services firm Macau Legend Development Ltd is warning the public about fraudulent websites exploiting the company’s name, corporate logo, the trade names and trademarks of its properties.
In a filing on Thursday, Macau Legend said that one of the fraudulent websites was under the “www.boying.hk” domain. The webpage – which directs users to what it says is a Macau-based lottery game, albeit not regulated – is in Chinese language only. The said website uses a company name very similar to the Chinese name of Macau Legend. It also makes use of the logo and name of Macau’s gaming regulator, the Gaming Inspection and Coordination Bureau.
Macau Legend said in Thursday’s filing that it had also noticed “some emails, Facebook, and other social media materials” of a company named “Macao Lijun group (HK) Co Ltd”, purportedly trying to pass as a firm connected to Macau Legend.
“The fraudulent materials make reference to certain information of the company including the company’s name, logo trademark, photos and images, the gaming and entertainment complex, namely The Landmark Macau, Macau Fisherman’s Wharf, the Pharaoh’s Palace Casino and the Babylon Casino,” stated Macau Legend.
“The company names used in the fraudulent materials are very similar to the name of the company and the logo used therein is very similar to the company’s logo,” said Macau Legend. “The fake website also uses the portrait of Mr Chow Kam Fai David, the co-chairman of the board and refers him as the chairman of the purported company,” it added.
Macau Legend stressed that “neither the company nor Mr Chow has any connection with the companies named in the fraudulent materials”. The casino services firm added that it reserved its right to bring legal proceedings against the parties responsible for the fraudulent materials.
It is not the first time a Macau-based casino operator has faced similar problems. Macau-based casino operator Galaxy Entertainment Group Ltd has warned the public previously about fraudulent websites exploiting the company’s brands; fellow operator SJM Holdings Ltd has also issued similar notice before.
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”A challenge to Macau's economic model could potentially emerge over the longer term should China revise existing criminal laws that prohibit most forms of gambling in the mainland... Even in such a scenario, Fitch would expect this to occur gradually”
Fitch Ratings Inc