HONG KONG, Jan 31 (Reuters) - Shares of Macau Legend
, a company that owns and operates a casino resort in
Macau, fell 16% in early trading on Monday after it said its
chief executive had been arrested and detained by police in the
world's largest gambling hub.
The move came as authorities step up a crackdown on illicit
capital outflows from the Chinese mainland and after the high
profile arrest of Suncity boss Alvin Chau.
(Reporting by Donny Kwok and Farah Master
Editing by Shri Navaratnam)