{"id":30874,"date":"2022-06-17T03:40:13","date_gmt":"2022-06-17T06:40:13","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=30874"},"modified":"2026-04-23T07:42:43","modified_gmt":"2026-04-23T10:42:43","slug":"rio-entertainment-questions-galaxys-decision-to-close-rio-casino","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/rio-entertainment-questions-galaxys-decision-to-close-rio-casino","title":{"rendered":"Rio Entertainment questions Galaxy’s decision to close Rio Casino"},"content":{"rendered":"\n

The company claims that Galaxy Entertainment never sought to negotiate a possible renewal of the casino’s operating contract.<\/p>\n\n\n\n\n\n\n\n

Macau.- Rio Entertainment Ltd, the company responsible for the Rio Hotel in Macau, has questioned\u00a0Galaxy Entertainment Group<\/a>‘s decision to close its satellite casino at the hotel. Galaxy has announced that it will close Rio Casino along with President Casino, but Rio Entertainment claims the company at not time sought a renewal of its cooperation agreement to keep the casino working.<\/p>\n\n\n\n

Accoding to the Macao Daily News, Rio said: \u201cDuring the process, the concessionaire never negotiated with our company to approve the renewal of the cooperation, and never proposed to the company to lease the space to continue operations, so rumours suggesting the landlord\u2019s rent demand was too high are fake.”<\/p>\n\n\n\n

Galaxy Entertainment said that workers of both of the satellite casinos will be transferred to other units of the concessionaire with the same employment conditions.<\/p>\n\n\n\n

It was first reported that Casino Waldo, a third satellite casino operated by Galaxy Entertainment, would continue operating but it had now been revealed that this casino will also close at the end of June.<\/p>\n\n\n\n

Kwok Chi Chung<\/strong>, the president of the Macau Association of Gaming and Entertainment Promoters, has previously told Exmoo News that he was aware of\u00a0six to eight satellite casinos<\/a>\u00a0were expected to close by the end of June.<\/p>\n\n\n\n

The Emperor Hotel Casino<\/a> was originally scheduled to close on June 26, but it will continue to operate until December 31, according to an agreement between hotel owner Emperor Entertainment Hotels Ltd and gaming concessionaire SJM.<\/p>\n\n\n\n

Macau Legend CEO Melinda Chan<\/strong> earlier announced that two satellite casinos at Macau Fisherman’s Wharf will continue to operate until at least December 31, as an agreement with gaming franchisee SJM has been extended for six months.<\/p>\n","protected":false},"excerpt":{"rendered":"

The company claims that Galaxy Entertainment never sought to negotiate a possible renewal of the casino’s operating contract.<\/p>\n","protected":false},"author":176,"featured_media":26697,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Galaxy Entertainment Group is closing its satellite casinos at Rio Hotel, President Casino, and Casino Waldo in Macau, with Rio Entertainment Ltd disputing Galaxy's claim of non-negotiation for contract renewal. Concurrently, other satellite casinos like Emperor Hotel Casino and those at Macau Fisherman\u2019s Wharf have secured operational extensions until year-end through agreements with SJM, indicating a broader restructuring within Macau's gaming vertical.","focusai_entities":"Rio Entertainment Ltd, Galaxy Entertainment Group, Rio Hotel, Rio Casino, President Casino, Macao Daily News, Casino Waldo, Kwok Chi Chung, Macau Association of Gaming and Entertainment Promoters, Exmoo News, Emperor Hotel Casino, Emperor Entertainment Hotels Ltd, SJM, Macau Legend, Melinda Chan, Macau Fisherman\u2019s Wharf","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.8), operator_casino (0.95), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on GGR?","query":"What is the projected impact of these satellite casino closures and extensions on Macau's overall Gross Gaming Revenue (GGR) for the remainder of the fiscal year?"},{"label":"Regulatory Framework Changes?","query":"How do these operational changes and contract disputes reflect potential shifts or stricter interpretations within Macau's gaming regulatory compliance and governance frameworks for concessionaires and satellite operators?"}],"footnotes":""},"categories":[157,16338,158],"tags":[22935,23906],"class_list":["post-30874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-galaxy-entertainment","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=30874"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30874\/revisions"}],"predecessor-version":[{"id":30911,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30874\/revisions\/30911"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26697"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=30874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=30874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=30874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}