Cotai to host upcoming satellite casino
The upcoming Cotai facility, Macau Roosevelt Hotel, is set to host a satellite casino named Macau Jockey Club Casino.
Macau.- Cotai will soon experience the opening of another gambling facility as Macau Roosevelt Hotel officials confirmed that it will feature a new satellite casino named Macau Jockey Club Casino.
The news were announced by Union Gaming Securities Asia, which also said that the new casino will be located under the same land. As revealed by Grant Govertsen, analyst at Union Gaming, on January 1st, 2017, the casino was changed from casino management services to a revenue sharing agreement on LMG games (LT Game stadium ETGs), meaning that the license can be moved instead of requiring a new one from scratch.
Macau Jockey Club currently features a casino, but the difference, as mentioned before, is the location. Moreover, the new one is expected to be significantly larger and focused on table games. “We estimate it could have 25-35 tables and around 100 slots. This compares to the equivalent of just four live tables at the predecessor casino and therefore suggests that it will need a greater allocation of tables that are currently operating at the site,” said Govertsen.
“We would not be surprised if the new casino at Roosevelt were to have a unique junket focus, or go after a particular customer niche that is currently unaddressed (e.g. targeting customers from a non-Chinese geography),” he added.
