Inside Asian Gaming

IAG SEP 2022年9月 亞博匯 54 THREE CONCESSIONS AND THREE SUB- CONCESSIONS There was ongoing conflict between K. Wah Group and Las Vegas Sands Group, and finally in 2002, the Macau government allowed Galaxy to have a sub- concession relationship with the Venetian Macao S.A. Following that, in 2005, SJM signed a sub-concession agreement with MGM Grand Paradise, S.A, and in 2007, Wynn also signed a sub- concession with Melco PBL Jogos (Macau), S.A., a joint venture between Melco International and Australia’s Publishing & Broadcasting Ltd which was later to reorganize as Melco Resorts & Entertainment Limited. 13-FOLD GGR RISE The successful completion of the 2001 tendering process saw the six concessionaires granted 20-year concession periods. They each began to fulfil their original bidding promises, starting to build resorts and casinos in Macau. In May 2004, the first casino of Venetian, Sands Macao, was opened. It was the first ever gaming investment project developed by a foreign company in Macau, marking a new milestone in Macau’s gaming industry. In July 2004, Galaxy’s first project, Casino Waldo, also commenced operations. Wynn Macau celebrated its first casino hotel’s grand opening in September 2006. Melco PBL’s first casino, Casino Crown (now Altira), opened in May 2007. MGM’s first casino entered into operations in December 2007. Venetian announced its plans to build on the Cotai Strip in March 2005, bringing Macau’s gaming industry into a new era of integrated resort development. The Venetian Macao opened in 2007 and attracted over 10 million visitors in less than six months. Its success led to the development of the entire Cotai Strip. From 2007 till today, the six concessionaires have built over 20 hotels and 10 casinos on the Cotai Strip. Some of the resorts are still under construction. Including satellite casinos, there are a total of 37 standing casinos in Macau today, of which 20 are run under the concession of SJM, five under Venetian Macau, four each by Galaxy and Melco, and two each by MGM Grand Paradise and Wynn Resorts (Macau). 「三正三副」 但後來嘉華集團與拉斯維加斯金沙 集團之間發生利益衝突，最終在2002年 澳門政府允許銀河娛樂「轉批給」賭牌 予威尼斯人（澳門）股份有限公司。 2005年，澳博利用「轉批給」分拆 賭牌給美高梅澳門。2007年，永利澳門 利用「轉批給」分柝賭牌給新濠國際與 澳洲PBL的合資公司百寶來娛樂(澳門)股 份有限公司（後來改名為新濠博亞）。 上升13倍的賭收 2001年賭牌競投順利完成，六間博 企成功取得20年的博彩經營權，他們亦 兌現當初投標的承諾，開始在澳門「大 興土木」建設度假村及娛樂場。 2004年5月威尼斯人（澳門）股份 有限公司旗下的金沙娛樂場開幕，是澳 The Venetian Macao under construction in 2006. 2006年建設中的澳門威尼斯人。 IN FOCUS