Macau VIP operator Suncity Group is the official sponsor of this year’s Macau Grand Prix, the organising committee announced on Tuesday. The junket operator is also the title sponsor for the Formula 3 Macau Grand Prix, the Macau Motorcycle Grand Prix and the FIA World Touring Car Championship 2014 season finale.
Suncity Group is committing MOP16.6 million (US$2.08 million) for the 61st Macau Grand Prix, the organisers said ahead of the racing event in November.
Casino operator SJM Holdings Ltd was the official sponsor of the Macau Grand Prix in 2011 and 2012.
After a double-weekend tournament with 13 races in six days to celebrate its 60th anniversary last year, the Macau Grand Prix is back to a four-day meeting with seven races.
Macau Grand Prix Committee announced a budget of MOP190 million for this year’s event, a MOP30 million increase from 2012, when the event was last held on a single weekend. Organisers estimate total revenue will top MOP43 million.
This year’s Macau Grand Prix runs between November 13 and 16.
Jan 19, 2018Two Macau residents have been arrested by the city’s Judiciary Police (PJ) in connection with a criminal complaint that casino chips with a face value of nearly HKD47.9 million (US$6.1...
Jan 19, 2018
Jan 19, 2018
Dec 29, 2017It could be 2024 before a casino resort is opened in Japan,...
Dec 27, 2017The year 2017 could prove to have been a turning point in...
Oct 25, 2017The deployment of radio frequency identification (RFID)...
Estimated net worth of Lui Che Woo, founder and chairman of casino operator Galaxy Entertainment Group, according to Forbes’ latest ‘Hong Kong’s 50 Richest People’ list