Macau Regulator Offers 40 Bulk Game Tables To Melco Resorts
Developers, owners, and operators of Melco Resorts and Entertainment Limited (NASDAQ: MLCO), a casino gaming and entertainment casino resort facility in Asia, reportedly approved about 40 new bulk gaming live dealer tables in early January.
The Bureau of Gaming Inspection and Coordination (DICJ) said in an email Friday that Melco Resorts "has applied for a new gaming table with us and has already approved 40 new market bulk gaming tables to [the company]."
MGM China Holdings (2282: Hong Kong), a subsidiary of MGM Resorts International Holdings, Ltd., has received 25 new market live dealer gaming tables. The table is said to be the company's closing for MGM Kotai Casino Resort properties located right next to Macau's Kotai Street.
According to the news agency, the regulator did not provide a clear explanation in the email reply about whether the table was for the VIP segment or for the public market.
HK$27 Billion (US$3.4 Billion) MGM Kotai Opens, Macau Economy and Finance Minister Lionel Leung Bai-taek is quoted as saying the property will receive 125 new market game tables, 100 of which will be delivered in time for launch. Government officials reportedly said at the time that the 35-story resort would be given 25 more new market tables on New Year's Day. 슬롯머신
Melco Resorts has opened a US$1.1 billion hotel Morpheus at the City of Dreams Macau Casino Resort. The Macau government has not allocated a new market game table for the official grand opening, but according to the carrier, the company has been allowed to take 40 tables from its existing operations and move them to Morpheus.
The regulator, a news agency, said the autonomous region government on China's southern coast will "continue to strictly control the number of game tables" in the market to promote the orderly development of the Macau gaming industry
"The government will conduct a comprehensive analysis and consideration when it receives applications for a new gaming table from game operators."
Policies on game table caps have been implemented in former Portuguese territory. The policy was made to limit the total annual growth of new game tables in the city's casino market to 3 percent over a period of only 10 years.