RSS Feed

Tech Support

Chan, 55, is behind the Golden Dragon Group, a privately owned hotel operator, and recently said he wanted to "engage" in the race for a Macau casino license.



Currently, there are only six casinos available in Macau, including MGM China Holdings Limited, SJM Holdings Limited, Melco Resort and Entertainment Limited, Galaxy Entertainment Group Limited, WinMacao Limited, and Las Vegas Sands Limited, but it is known that this is due to changes due to the expiration of the exclusive rights of these operators.

The Golden Dragon Group also has casino experience, complementing approximately 200 gaming tables operating across Macau through related piggyback agreements with Melco Resorts and Entertainment Limited and SJM Holdings Limited. This portfolio includes nearly 100 units inside its flagship Golden Dragon and 20 elements for the Royal Dragon hotel accommodation, which opened in September.



Golden Dragon Group has renamed its 209-room Lan Kwai Fong property Macao Million Dragon. The location in downtown Macau was acquired in January from Hong Kong-listed China Star Entertainment Limited for $254.8 million and features 84 table casinos, shops, restaurants and spas.

Grand Dragon Hotel is now the new name for the hotel operator's 356-room Taifa Square Hotel in the city's Taifa area. The hotel features a 30-table casino, a pair of restaurants and a fitness center.



Grant Goverson of Union Gaming Security Asia Limited, a local brokerage firm, reportedly told GGRAsia that he hopes to secure a "potential seventh or eighth game license" and that he expects to see all "service providers" currently using the piggyback game arrangement in Macau



"Golden Dragon [Group] is uniquely positioned for controlling more casinos and gaming devices than other operators. I wouldn't be surprised to see more activity within the business sector over the next few years