• 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

No request for Macau’s Greek Mythology re-opening: DICJ

Dec 08, 2016 Newsdesk Latest News, Macau, Top of the deck  


No request for Macau’s Greek Mythology re-opening: DICJ

Macau’s casino regulator, the Gaming Inspection and Coordination Bureau – also known by its Portuguese acronym DICJ – has not received any plan for the re-opening of Casino Greek Mythology, the body told GGRAsia.

Casino Greek Mythology, inside Taipa’s Beijing Imperial Palace Hotel, was shut down on December 31 last year by the gaming regulator – in a measure described at the time as a “temporary closure”. That was at the request of casino operator SJM Holdings Ltd, which provides the gaming licence for the casino.

Until it was shut down, Greek Mythology was a third-party managed casino, not directly overseen by SJM Holdings. Third-party managed casinos in Macau – also known as satellite casinos – have to piggyback on the licence of one of the city’s six official casino concessionaires.

Meanwhile, the Macao Government Tourism Office (MGTO) ordered in July a temporary closure of Beijing Imperial Palace Hotel for a period of six months. The sanction on the hotel – formerly known as New Century Hotel – was the result of “serious administrative irregularities” and “illegal reconstructions”, said at the time Maria Helena de Senna Fernandes, MGTO’s director.

“So far, the DICJ has not received any plan for re-opening of Casino Greek Mythology from the gaming concessionaire,” the gaming regulator stated in an emailed reply to GGRAsia on Wednesday.

Hong Kong-listed gaming services firm Amax International Holdings Ltd says it has a 24.8 percent stake in an entity called Greek Mythology (Macau) Entertainment Group Corp Ltd. The latter is described as the casino management services provider for Greek Mythology.

Despite being shut down for almost a year, Casino Greek Mythology does not risk losing its licence. “The current regulation has no specification on how long [a] casino can suspend operation,” stated DICJ in its reply to GGRAia.

Casino Taipa – another property under the gaming licence of SJM Holdings – reactivated its licence and restarted operations in November, after being closed since 2008.


  • tweet
Related articles
  • Mass market play record 65pct Macau GGR in 4Q: govt
    Mass market play record 65pct Macau GGR...

    Jan 15, 2021  

  • 2020 tourist tally down 85pct at 5.9mln: Macau police
    2020 tourist tally down 85pct at...

    Jan 14, 2021  

More news
  • Melco likely to take on more debt for expansion: Moody’s
    Melco likely to take on more debt for...

    Jan 20, 2021  

  • Visitors stayed longer in Macau in 2020, says govt
    Visitors stayed longer in Macau in...

    Jan 20, 2021  


Latest News

Melco likely to take on more debt for expansion: Moody’s

Melco likely to take on more debt for expansion: Moody’s

Jan 20, 2021  

Moody’s Investors Service Inc says it expects the ratio of adjusted debt to earnings before interest, taxation, depreciation and amortisation (EBITDA) of Macau casino operators Melco Resorts and...
Read More
Visitors stayed longer in Macau in 2020, says govt

Visitors stayed longer in Macau in 2020, says govt

Jan 20, 2021  

Suntrust gets OK for unit handling hotel, tourism biz

Suntrust gets OK for unit handling hotel, tourism biz

Jan 20, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Partners

Pick of the Day

"The increased focus we can now bring to our gaming and amusement business [after a spin-off of the firm's cash-handling product business] will bring us closer to the customer as we align our offerings more directly with their needs"

Sim Bielak

Global president of casino equipment supplier SuzoHapp



Most Popular

  • CNY 2021 unlikely to boost Macau casinos, say observersCNY 2021 unlikely to boost Macau casinos, say observers January 15, 2021
  • Casino op MGM China to pay most staff discretionary bonusCasino op MGM China to pay most staff discretionary bonus January 18, 2021
  • Wynn and Melco also flag bonus for Macau staffWynn and Melco also flag bonus for Macau staff January 19, 2021
  • Investors see 2H Macau gain, rebound 2022: BernsteinInvestors see 2H Macau gain, rebound 2022: Bernstein January 19, 2021
  • Wakayama casino RFP deadline affirms still 2 suitorsWakayama casino RFP deadline affirms still 2 suitors January 18, 2021
Copyright 2014-2020 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us