Inside Asian Gaming

IAG JUN 2020年6月 亞博匯 14 亞博匯早報 BREAKFAST BRIEFS WALT POWER NAMED NEW CEO OF HO TRAM PROJECT IN VIETNAM WALT POWER獲委任 為越南濠莊項目新任 行政總裁 WALT POWER , the former CEO of South Shore Holdings, has vowed to reverse the fortunes of historically-embattled Vietnamese integrated resort Ho Tram after being named Chief Executive Officer of Ho Tram Project. Power takes over at Ho Tram after US private equity firm Warburg Pincus acquired a majority stake in the property’s parent company, Asian Coast Development Ltd (ACDL), last July. Local investment and asset management firm VinaCapital also acquired a stake, with the change in ownership ultimately seeing the departure of Michael Kelly after more than four years. Power said he is “extremely optimistic” about its prospects despite the property struggling to make an impact on the Southeast Asian IR scene since opening in 2013. “Those that have followed the history of the property are well aware of its challenges, but with those challenges come opportunities,” said Power, whose previous roles also include SVP of Operations for Sands China subsidiary Venetian Macau Limited and Chief Operating Officer of original Studio City developer, New Cotai Entertainment. “I’ve always felt that with the proper strategy, the proper team and an aggressive execution you can have success. I worked and lived in Macau for 17 years and I treasure my time there, but it’s very difficult to move the needle in Macau now because of its size. It’s almost like an aircraft carrier – to move it only a few degrees left or right takes a big effort. “I am confident we can move the needle here at Ho Tram. That’s why I’m excited and optimistic about what’s going on here.” 南岸集團 前行政總裁Walt Power在被委任為濠莊 開發計劃的新行政總裁後，聲言會扭轉這間一路 以來都被各種問題困擾的越南綜合度假村的命運。 Power在美國私募公司Warburg Pincus於去 年7月取得該物業母公司Asian Coast Develop- ment Ltd (ACDL)的主要股權後接手濠莊。越南當 地的投資及資產管理公司VinaCapital亦有取得股 份。而擁有權的易手最後也令到Michael Kelly在 歷經超過四年後離開該物業。 Power表示，雖然濠莊自2013年開業後一直 未能於在東南亞綜合度假村領域中產生影響，但 他對於其前景「非常樂觀」。 Power稱：「那些有一直關注該物業往績的人 都十分清楚它所面對的挑戰，但跟著那些挑戰後 面來的還有機遇。」Power曾出任金沙中國子公司 威尼斯人(澳門)股份有限公司的高級營運副總裁 以及新濠影滙原開發公司New Cotai Entertain- ment的營運總裁。 「我一直覺得只要有合適的策略、合適的團 隊以及進取的執行力度，你就可以取得成功。我在 澳門工作及生活了17年，我亦很珍惜自己在那裏 的時間。但由於澳門的面積，現在要於那裏進行任 何改變都非常困難。它就如同一艘航空母艦一般， 要讓它向左或向右移動幾度都要花上很大的氣 力。」 「我有信心我們可以在濠莊進行改變。因此， 我對於這裏將會發生的事感到十分興奮和樂觀。」