SJM Resorts will take over the casino operations of three Macau hotels held by businessman Chan Meng Kam, the Golden Dragon, Dragon King and Grand Dragon, and run them until December 31, according to a report published on June 18, 20221. The three properties are satellite casinos whose gaming rights are held in partnership with SJM Resorts1.
The report said the arrangement had been confirmed, after an earlier report in which Grand Dragon staff said the three hotels would be placed under SJM Resorts management until the end of the year1. The specific amount involved was not known at the time of the report1.
"澳娛綜合會經營這三間衛星賭場至12月31日"
Macau has 14 satellite casinos operating in partnership with SJM, the report said1. Within that group, Legend Palace, Emperor and Casa Real had already been confirmed to be run by SJM Resorts until December 31, while Ponte 16 would continue to be operated by Success Universe1. The report also said there were indications that Landmark and Fortuna would be handed to SJM to run until the end of the year1.
Chan Meng Kam holds the Golden Dragon Group, whose properties include Golden Dragon, Dragon King, Grand Dragon, Wa Long and Grand Dragon (Dragon)1. Of these, Golden Dragon, Dragon King and Grand Dragon hold gaming rights in partnership with SJM Resorts, while Grand Dragon (Dragon) partners with Melco1. The Wa Long hotel had not yet opened at the time of the report1.
| Property | Operator arrangement reported |
|---|---|
| Golden Dragon, Dragon King, Grand Dragon | SJM Resorts until December 311 |
| Legend Palace, Emperor, Casa Real | SJM Resorts until December 311 |
| Ponte 16 | Success Universe continues1 |
| Landmark, Fortuna | Reported to go to SJM until year end1 |
What it means for players
The three hotels sit in the casinos and integrated resorts segment of Macau's market, where satellite venues operate under the license of a concessionaire rather than holding their own. For anyone gambling in Macau, the practical effect is that the casino floor at Golden Dragon, Dragon King and Grand Dragon is run by SJM Resorts rather than the hotel group for the rest of the year, which can affect which loyalty programs, comps and player cards apply inside those rooms. The report said the three hotels would provide services outside the casino, describing the situation as similar to Emperor1. Visitors planning a trip around these properties should note that the arrangement is described as running only to December 31, and that the Wa Long hotel had not opened1. General entry and play rules for Macau venues are covered in the Macau gambling guide.
What happens next
The reported arrangement runs to December 311. No further dated steps were given in the report, and the amount involved had not been reported1.
Sources1 sources
- 澳博接手經營 金龍御龍萬龍, 新華澳報, waou.com.mo
