The arrest of a casino mogul is sending shockwaves through China’s political ecosystem. The event might foreshadow Chinese leader Xi Jinping’s new political storm targeting his opponents, according to a China expert in exile.
Police detained Macau-based casino tycoon Alvin Chau, whose gambling business generates more than $157 billion annually, along with his 10 followers on Nov. 27 on charges of operating illegal betting and money laundering in mainland China, according to multiple media outlets.
