The article mentioned opening three rooms as soon as this business quarter

“For now, we can only confirm that SunCity Group will be running a VIP club in Studio City in Macau,” a company spokesperson told the news outlet.

As of today’s news time, applications for VIP rooms have not been announced by the Office of Game Inspection and Coordination (DICJ).

Melco Crown opened Studio City to the public in October 2015, a year when the company’s net profit fell 83%. The company told investors it needed 400 new game tables for the property. The government postponed until the last minute and finally allocated 250 tables, 200 upon opening, and 50 more in January. When the casino opened, nothing was designated for junket sales or other high-stakes plays.

In May this year, Melco Crown reported earnings that missed analysts’ expectations, and James Packers Crown Resort cut its stake in its joint venture with Lawrence Ho by $800 million. Crown submitted plans to the Australian Stock Exchange about a month later to separate its domestic and overseas operations, including Studio City, City of Dreams Macao and City of Dreams Manila.

The poor performance of the VIP gaming sector has been a major contributor to the 25-month decline in total gaming revenue in special administrative districts, with nearly 40 months of pressure from Beijing to crack down on corruption and corruption across the Chinese government and stop lavish consumption.안전한 카지노사이트

When Studio City opened without VIP games, it was announced as a business decision and was in line with the government’s desire to offer a more family-friendly and culture-oriented tourism experience in Macau. However, the share of VIP games in total gaming revenue has been on the decline since 2010, when rival Galaxy Entertainment Group posted an industry-high 91.6 percent gaming revenue. That number decreased to 61.5 percent of GEG by the end of 2015. By the end of 2015, even Wynn Macao had flipped the picture and for the first time since 2010, it was offering more high-capacity gaming tables than VIPs. It fell from a peak of 295/195 at the end of 2011 to 190/246 at the end