Junket Giant Expands Into Grand Lisboa

One of Macau’s largest junket promoters, Hong Kong-listed Neptune Group, has added to its growing VIP room holdings with 11 tables at Grand Lisboa.

The addition of the Guangdong 31 Sky Club at SJM Holdings’ flagship casino was first announced last year as part of several partnerships Neptune had concluded with VIP room operators at SJM, Wynn Macau and MGM China.

The company, ranked second only to Sun City among Macau’s junket promoters, has a presence in the casinos of five of the territory’s six operators, and Chairman Lin Cheuk Fung says more expansion is on the way, stating that “many potential investment maneuvers are within our grasp,” including at some of the new resorts under construction on Cotai.

Neptune posted a 33% increase in net profit to HK$306.6 million for the six months ended 31st December.

RelatedPosts

Rich Goldman issues profit warning as US-China trade war, Hong Kong protests hit gaming and tourism businesses

Wed 5 Feb 2020 at 15:33

Rich Goldman profit rises in FY19 despite reduced Macau VIP business

Sun 22 Sep 2019 at 19:24

Revenue falls but profit rises for Rich Goldman after junket terminations

Mon 24 Sep 2018 at 05:54

G2E Asia Awards: Meet the Judges – Nicholas Niglio

Mon 7 May 2018 at 07:15

Load More