22 Nicholas Niglio
EXECUTIVE DIRECTOR AND CEO
Rich Goldman Holdings
POWER SCORE: 1,149
POSITION LAST YEAR: 22
CLAIMS TO FAME
Oversaw Neptune’s growth to become one of Macau’s “big three” junkets
The only non-Chinese member of the board
In the complex world of Macau’s junket biz, Rich Goldman Holdings Executive Director and CEO Nicholas Niglio stands out as the only Westerner to have earned the trust and respect to become the face of a distinctly Chinese VIP operation.
That’s no mean feat, but spend a few hours with the industry veteran and his years of global experience quickly shine through.
Celebrating 11 years as CEO of Rich Goldman – formerly known as Neptune Group – in 2018, Niglio’s long career has seen him fill an incredibly diverse selection of roles including almost a decade under the watch of US President and former US gaming tycoon Donald Trump. Starting in 1993, he served as Executive Vice President of Trump Taj Mahal Casino Resort Inc, Senior Vice President of Casino Marketing of Taj Associates of Trump Atlantic City Associates and Senior Executive in Casino Marketing and International Operation at Atlantic City NJ (Trump).
Clearly the unexpected has never fazed him.
Rich Goldman Holdings is also one of the select junket operators to have survived the downturn that crippled many of its smaller rivals, with VIP well and truly rebounding in recent years. And while the company has lost two of its three listed Macau junket operations over the past two months after Venetian Macau Limited terminated agreements with Hao Cai and Hou Wan – which subsequently saw group gaming revenue decline by 69.09% for the year ended 30 June 2018 – we’ve been assured that the group is progressing “just fine.”
For the full list of 2018 Asian Gaming Power 50 winners, click here.