• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Junket firm David Group exiting Macau Roosevelt casino

Oct 26, 2017 Newsdesk Latest News, Macau, Top of the deck  


Junket firm David Group exiting Macau Roosevelt casino

Macau junket investment firm David Group confirmed to GGRAsia that it has decided to cease soon its VIP gaming operation at Casino Macau Jockey Club inside the recently-opened Macau Roosevelt Hotel (pictured). The final day of the junket firm’s VIP gambling services at the venue will be October 30, according to a David Group representative.

“Due to consideration of our business development needs, which are to optimise our management and integrate our resources, our company has decided to cease the VIP gaming operation at the Macau Roosevelt Hotel after some analysis,” the David Group spokesperson told us.

The casino at Macau Roosevelt Hotel, effectively a “relocation” of Casino Macau Jockey Club from a nearby site, began operation on June 29, according to the local casino regulator, the Gaming Inspection and Coordination Bureau.

Ambrose So Shu Fai, chief executive of SJM Holdings Ltd – the firm that supplies the gaming licence for Macau Roosevelt – mentioned in comments in late July that David Group was in charge of marketing services and for introducing gaming patrons to the gaming venue at the hotel under what he termed a “commercial agreement”. The casino hosts a total of 30 gaming tables, all for baccarat, according to Mr So. David Group is currently running VIP gaming services at 10 gaming tables at the venue.

GGRAsia approached SJM Holdings in the light of the latest news from David Group, to ask whether the casino company was in talks with any other gaming promoters regarding provision of services at Casino Macau Jockey Club. We had not received a reply by the time this story went online.

“In the short term, we are looking to provide VIP gaming services at new venues, for which we aim to provide brand-new, comfortable gaming sites for our clients,” David Group’s spokesperson added, but declined to specify the venues.

The firm has a junket operation at Wynn Macau, the downtown property of Wynn Macau Ltd. It has also launched a new-to-market VIP club at Studio City in May and officially launched another VIP club at the Galaxy Entertainment Group Ltd’s flagship Cotai resort, Galaxy Macau, in September.


  • tweet
Related articles
  • Galaxy Macau to add Raffles-branded hotel tower
    Galaxy Macau to add Raffles-branded...

    Mar 01, 2021  

  • Suncity to open clubs at Londoner Macao, Lisboa Palace
    Suncity to open clubs at Londoner...

    Feb 26, 2021  

More news
  • Sands China to pay US$2.4mln tax re Gondola Ride: court
    Sands China to pay US$2.4mln tax re...

    Mar 04, 2021  

  • A fresh US$2-bln casino project proposed for Vietnam
    A fresh US$2-bln casino project...

    Mar 04, 2021  


Latest News

Sands China to pay US$2.4mln tax re Gondola Ride: court

Sands China to pay US$2.4mln tax re Gondola Ride: court

Mar 04, 2021  

Macau’s Court of Second Instance has upheld decisions by a public department in the city, ordering casino operator Sands China Ltd to pay a total of MOP18.9 million (US$2.4 million) in tourism tax...
Read More
A fresh US$2-bln casino project proposed for Vietnam

A fresh US$2-bln casino project proposed for Vietnam

Mar 04, 2021  

LVS plans to keep U.S. base, stock listing: spokesman

LVS plans to keep U.S. base, stock listing: spokesman

Mar 04, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Partners

Pick of the Day

“Asia remains the backbone of this company and our developments in Macau and Singapore are the centre of our attention”

Robert Goldstein

Chairman and chief executive of casino operator Las Vegas Sands



Most Popular

  • Lim Kok Thay, GEN Singapore execs in US$1.3mln stock awardLim Kok Thay, GEN Singapore execs in US$1.3mln stock award March 2, 2021
  • Covid-19 test cert no longer needed for Macau casino entryCovid-19 test cert no longer needed for Macau casino entry March 2, 2021
  • Las Vegas Sands to sell off Nevada assets for US$6.25blnLas Vegas Sands to sell off Nevada assets for US$6.25bln March 3, 2021
  • Galaxy Macau to add Raffles-branded hotel towerGalaxy Macau to add Raffles-branded hotel tower March 1, 2021
  • Macau casino GGR down 9pct m-o-m in February: govtMacau casino GGR down 9pct m-o-m in February: govt March 1, 2021
Copyright 2014-2021 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us