Salesperson pleads guilty to paying for casino contract

A Hong Kong-based air-conditioning salesperson has pleaded guilty to paying an unnamed Wynn Macau director in exchange for lucrative casino contracts.

The government stated that revenue increased for both Wynn Resorts Macau and the two air-conditioning companies from 2014 to 2017. However, Wynn's success was most likely unrelated to air conditioning.

The American company controls two casinos in the gaming mecca. Wynn Macau opened in September 2006, while Wynn Palace on the Cotai Strip debuted in August 2016.

 

[mosesdera]

While everyone wants their company to prosper, corruption should not be the cost of doing business. This story highlights the importance for businesses and regulators to have transparent processes that don't leave room for under the table deals.

 

[MiaLuca]

When it comes to businesses entering into contracts and partnerships, maintaining ethical practices and adhering to the law is of utmost importance. This particular case serves as a reminder of the significance of transparency, honesty, and legality in all business transactions.

 

[stone]

It doesn't surprise me that this happened, as big contracts can be tempting. Still, payingoff officials is never the right way to do business and will only lead to problems. The salesperson shouldn't have done it, but hopefully everyone learns from this experience going forward.