#SHOWBIZ: Actor Vinci Wong denies bankruptcy was caused by gambling

Hong Kong actor Vinci Wong has vehemently denied allegations that his gambling habit was the root cause of his financial ruin. The 55-year-old, residing in Canada, clarified his stance during a live broadcast, stating that his bankruptcy stemmed from misguided investments and poor financial choices. Wong elaborated that the bankruptcy process was convoluted, involving numerous entities and decisions that contributed to his debt.

As chairman of the Tung Wah Group of Hospitals from 2018 to 2019, he was formally declared bankrupt by the Hong Kong High Court in March 2024 following a lawsuit by a credit firm over an unpaid unsecured loan of HK$2.8 million (approximately RM1.4 million). Wong expressed remorse over the hardships his financial woes had inflicted on his family, admitting to feeling disheartened about his inability to provide for them.

Despite the setbacks, he remains resolute in rebuilding his life and has since engaged in livestreams on TikTok and part-time food delivery work. Despite the challenges, Wong remains open to new prospects and remains committed to repaying his debts to the best of his ability.