David Group

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    David Group to launch new Galaxy VIP room

    Macau junket operator David Group is re-launching its junket operations at Galaxy Macau, according to Inside Asia Gaming. The new VIP gaming area is set to open on Tuesday, September 26, with an opening ceremony and gala dinner at JW Marriot. A spokesman for David Group said the junket area will have a total of […]

    Local junket operators deny lay-off rumors

    Local junket operators Neptune Guangdong Group and David Group have denied rumours that their companies are planning to fire 300 workers and close 2 VIP rooms at the end of the month, respectively, according to the Macau Business Daily. Neptune Guangdong Group, which owns a total of 10 VIP rooms took out a full-page announcement […]

    David Group, Neptune planning VIP room closures, job cuts

    David Group and Neptune Guangdong Group, two of Macau’s biggest junket operators, are scaling down operations as the slump in VIP revenue continues, Business Daily reported, citing Lei Kuok Keong vice president of local gaming union, Forefront of Macau Gaming. David Group is planning to close two more VIP rooms on top of the three […]

    David Group seeks Asia expansion

    David Group, a prominent Macau junket operator, has confirmed that it plans to close three out of seven of its VIP rooms in the gambling hub and will seek expansion in other Asian countries.  The company is taking the action as part of a re-organization prompted by an industry downturn, Frank Ng, the company’s director […]

    Macau junket David Group winding down operations: Nomura

    David Group, one of Macau’s largest junket operators with between 3 to 5 percent of VIP rolls, may be winding down its operations, according to analysts at Nomura. The bank said in a note that it had been informed by industry information provider MGG that the company is in the process of shutting its VIP […]