Jay Chou’s Assets Allegedly Gambled Away on Chinese Internet, JVR Clears Rumors

On March 11th, the “King of Mandopop” Jay Chou suddenly trended on the popular social media platform Weibo in China, being accused of “a top male celebrity in Macau gambling extravagantly for 7 consecutive days, eventually losing 1.03 billion Hong Kong dollars (approximately 4.28 billion New Taiwan dollars).” In response to this, Jay Chou’s company, JVR Music, released a statement clarifying that the rumor is “irrelevant to Jay Chou, and urge everyone not to spread misinformation.”

March 10th saw a piece of news circulating wildly on the Chinese social media platform Weibo, alleging that a certain “top male celebrity” had been gambling extravagantly at the Wynn Palace in Macau for seven consecutive days, losing all of his 1.03 billion yuan in liquid assets, and mortgaging three luxury homes and a private jet to cover his gambling debts. Chinese netizens named several A-list male celebrities, including Jay Chou.

On March 11th, the hashtag #JayChouMacau# and other related topics trended on Weibo.

In response, Jay Chou took to Instagram to clarify that he was in Australia with his friends, including Gary Ko and Ricky Yang, working on music production. He posted a photo of himself strolling on the street, accompanied by the background music of “Work Hard, Play Hard,” exuding a relaxed vibe.

Simultaneously, JVR Music, the company Jay Chou belongs to, issued a statement: “Today, there were trending topics on Weibo regarding ‘a top male celebrity gambling extravagantly in Macau,’ and some internet users implied that this male celebrity is our artist Jay Chou. The company hereby declares that all the content of these rumors is unrelated to Jay Chou! We urge everyone not to spread misinformation any further.”