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The HK$3 billion ($384 million) loan is also about the same amount that 13 Holdings will still have to raise to complete the $1.6 billion project in Coloan, located at the end of Cotai Street in Macau. According to Bloomberg's report, an additional $400 million investment would complete hotel construction and pay for financing and related expenses.

Although most reports refer to the project as a casino, the company has not used the word for a considerable period of time, and Macau gaming regulators have refused to acknowledge receiving a casino permit request. Hung is listed by major financial sources as chairman of The Taipan Investment Group, which operates Rio Hotels & Casinos in Macau through its affiliates, and vice chairman of Rio Entertainment Group. The Rio license is owned by Galaxy Casino, S.A., the world's third-largest gaming company by revenue, after Las Vegas Sands and MGM.

13 Holdings Ltd. peaked when it was known as Louis XIII Holdings Ltd. and the stock price soared was not due to the hotel project, as it happened years before Hung announced its luxury hotel.

Bloomberg News has had some early investors supporting the bailout. Most of the company's assets are committed, according to the most recent financial report filed with the Hong Kong Stock Exchange.

13 Holdings is in the final stages of completing the hotel and the company is still looking for an operating license. They still haven't said whether the hotel will open a casino. Although the Job website still lists the positions of the Countroom Manager, Manager, and Cashier, the list is not hosted on the the13.com website and can be linked there.

The future of VIP games in Macau is unknown, but the volatile sector has seen improvements, with the government reporting total gaming revenue of 23 billion MOPs (US$28.6 billion), up 29% from the previous year. Most analysts attribute the growth of VIP games to VIP games, but warn that it is too early to know for sure if Macau's recovery, a year later, is still stable.

The Macau Government Tourism Authority (MGTO) was still waiting for a request to inspect the property, a move necessary to advance the hotel's licensing process. Maria Helena de Sena Fernandez, head of MGTO, told Business Daily: "All documents have already been approved but we are still waiting for requests to inspect the property. Without a request, we cannot begin the process to grant a license."