40 Albert Yeung
CHAIRMAN
Emperor Group
POWER SCORE: 616
POSITION LAST YEAR: 43
CLAIMS TO FAME
Controls Grand Emperor, one of Macau’s leading satellite casinos
Helped his friend Stanley Ho finance early VIP rooms at Casino Lisboa
Macau’s satellite casinos – licensed by concessionaires to operate in third party venues – are a sunset industry, but Grand Emperor Hotel and Albert Yeung demonstrate how colorful sunsets can be. Opened in 2006 around the corner from Grand Lisboa on the Macau peninsula, Grand Emperor is among billionaire Yeung’s rewards for financing his friend Stanley Ho, the legendary Macau casino monopolist and SJM Holdings founder, to establish the VIP room concept at Casino Lisboa. Yeung made his initial fortune growing his father-in-law’s Hong Kong watch business into Emperor Watch and Jewelry, then Emperor Group, a property powerhouse.
Popular on social media for its gold bricks in the lobby, golden carriage and faux Coldstream Guards outside, the 26-story Grand Emperor features 300 guest rooms, retail – including Emperor Watch outlets – sauna and restaurants. The six level casino with 67 mass and 10 VIP tables plus 172 machines reported gaming revenue of HK$1.25 billion (US$160 million) for its 2018 fiscal year. VIP roll exceeded HK$22 billion.
Hong Kong listed Emperor Entertainment Hotel Ltd, chaired by Yeung’s wife Luk Siu Man Semon, owns 75% of Grand Emperor, SJM owns 20% and Jackie Chan, a friend through Yeung’s role as a major Hong Kong entertainment producer, owns 5%.
For the full list of 2018 Asian Gaming Power 50 winners, click here.
