Guangdong Group (Macau) Ltd provides junket operation services. The company was formerly known as Neptune (Macau) Ltd. Guangdong Group (Macau) Ltd is based in Macau.
Gaming-focused brokerage Union Gaming says its long term outlook on Macau’s VIP segment remains negative, forecasting further GGR declines in 2017 even as the mass segment has turned positive. In a note from the brokerage on Wednesday, Union Gaming analysts say real VIP GGR growth rate was notably worse in 16Q2, at a 21.3 percent […]
At least three junket operators will be launching new VIP rooms in Wynn Palace, which opens its doors today, Monday August 22, 2016, local media reports. Suncity Group, Tak Chun Group and Guangdong Group have already begun advertising the opening of their VIP rooms at the new resort. Last week, Wynn Resorts founder Steve Wynn […]
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 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 […]