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Junket Giant Expands Into Grand Lisboa

by Newsdesk

Tue 2 Apr 2013 at 03:39

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One of Macau’s largest junket promoters, Hong Kong-listed Neptune Group, has added to its growing VIP room holdings with 11 tables at Grand Lisboa.

The addition of the Guangdong 31 Sky Club at SJM Holdings’ flagship casino was first announced last year as part of several partnerships Neptune had concluded with VIP room operators at SJM, Wynn Macau and MGM China.

The company, ranked second only to Sun City among Macau’s junket promoters, has a presence in the casinos of five of the territory’s six operators, and Chairman Lin Cheuk Fung says more expansion is on the way, stating that “many potential investment maneuvers are within our grasp,” including at some of the new resorts under construction on Cotai.

Neptune posted a 33% increase in net profit to HK$306.6 million for the six months ended 31st December.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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