Inside Asian Gaming

IAG OCT 2020年10月 亞博匯 53 焦點關注 Guangdong Group, formerly known as Neptune Group and Neptune/Guangdong, has connections to Hong Kong-listed Rich Goldman Holdings, which changed its name from Neptune Group Ltd in 2017. The company stated at the time that, “the current name of the company does not reflect the diversity of businesses conducted by the group. While the group is still engaged in its gaming business by receiving profit streams from junket operators, the group now focuses more on its money lending business and management and operation of hotel business.” Describing itself as an investor in junket rooms as opposed to actually conducting junket operations like Guangdong Group, Rich Goldman severed ties with its last remaining Macau junket room, located at Grand Lisboa, in March although it has since revealed plans to invest in a room at Manila’s Solaire Resort & Casino. The company is actively involved in money lending, while in March 2019 it acquired boutique Harbour Bay Hotel in Hong Kong’s Tsim Tsa Tsui. The remaining member of Macau’s “Big 3” junkets, Tak Chun Group, has no direct ties to a listed entity but its CEO, Levo Chan, has been active in recent weeks – outlaying US$165 million of his own money to acquire a 20.65% stake in Macau Legend Development Ltd. At time of writing he was due to make a mandatory cash offer for the rest of the company’s publicly held shares that could see him own almost 50% of Macau Legend by November. Macau Legend controls the Macau Fisherman’s Wharf precinct, including Legend Palace and Babylon – both operating casinos under license from SJM. It also owns Savan Legend in Laos and a shopping complex in Hengqin. Tak Chun Group CEO Levo Chan recently acquired a 20.65% stake in Macau Legend, owner and operator of Legend Palace. 德晉集團行政總裁陳榮煉出資1.65億美元收購了澳門勵駿創建有限公司20.65％的股份，後者為勵宮酒店營運商。