Due to the drop in business during the Covid-19 crisis the operator will close its VIP gaming rooms at Casino Lisboa at the end of the month.<\/p>\n\n\n\n\n\n\n\n
Macau.- Due to a drop in business during the Covid-19 crisis, Macau Golden Group has decided to shut down its three VIP junkets in Casino Lisboa as of July 31.<\/p>\n\n\n\n
GGR Asia reports that some of the firm\u2019s staff are being reallocated to other group junkets, and that other major and smaller-scale junket promoters have also closed down rooms in the last weeks, a trend that could grow if tourism barriers are not lifted soon.<\/p>\n\n\n\n
After the closure, the Hotel Lisboa complex will be left with no VIP gaming rooms, and Macau Golden Group’s only rooms will be those across the street at SJM’s newer Casino Grand Lisboa.<\/p>\n\n\n\n
The group has said it was looking forward to the opening of Grand Lisboa Palace, also owned by SJM, and hoped to established a VIP junket presence there.<\/p>\n","protected":false},"excerpt":{"rendered":"
Due to the drop in business during the Covid-19 crisis the operator will close its VIP gaming rooms at Casino Lisboa at the end of the month.<\/p>\n","protected":false},"author":2,"featured_media":7992,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau Golden Group is ceasing VIP junket operations at Casino Lisboa by July 31st, attributing the decision to a significant decline in business volume during the Covid-19 pandemic. This closure leaves Casino Lisboa without VIP gaming facilities and reflects a broader trend of junket consolidation and closures within the Macau market, impacting GGR projections and operational footprints.","focusai_entities":"Macau Golden Group, Casino Lisboa, SJM, Casino Grand Lisboa, Grand Lisboa Palace, GGR Asia","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), compliance_legal (0.7), operator_casino (0.95), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau VIP GGR Impact","query":"What is the projected impact on Macau's overall GGR from the ongoing consolidation and closure of VIP junket operations, and how might this affect the long-term revenue mix for concessionaires?"},{"label":"SJM Operational Strategy","query":"How will SJM Holdings adjust its B2B junket partnership strategy and VIP segment marketing efforts following the complete cessation of VIP operations at Casino Lisboa and the anticipated launch of Grand Lisboa Palace?"}],"footnotes":""},"categories":[157,16338],"tags":[22181],"class_list":["post-7990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-grand-lisboa"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7990","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=7990"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7990\/revisions"}],"predecessor-version":[{"id":8018,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7990\/revisions\/8018"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/7992"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=7990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=7990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=7990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}