[bsa_pro_ad_space id=1 link=same] [bsa_pro_ad_space id=2]

Skip to Content

Operator News

China – Macau Roosevelt could have 30 tables and 100 slots

By - 31 May 2017

Analyst Union Gaming believes the future Macau Roosevelt hotel to be based at the Macau Jockey Club will be allocated 25 to 35 gaming tables and 100 slots when it opens in Taipa the next few months.

The casino, owned under licence by SJM but to be managed by Paradise Entertainment, will open alongside a five star hotel with 350 rooms.

Union Gaming’s Grant Govertsen said: “We believe the new casino at Roosevelt is significantly larger in size than its predecessor and will have a much greater focus on table games. We estimate it could have 25 to 35 tables and around 100 slots. This compares to the equivalent of just four live tables at the predecessor casino and therefore suggests that it will need a greater allocation of tables than are currently operating at the site. Under the assumption that the Roosevelt casino is with a new service provider entity, the tables would either need to come from SJM’s existing inventory or from the government.”

Mr. Govertsen added that the Roosevelt casino could benefit from 482 unused tables under the government’s table cap.

“The service provider casino segment as a whole continues to struggle (SJM’s satellite casino segment GGR -16 per cent in 2016 vs rest of market -1.7 per cent), which we would attribute in large part to outdated facilities and lack of amenities,” he said. “While we don’t expect a renaissance in service provider casinos, there likely exists some format where there can be pockets of success. With this in mind we would not be surprised if the new casino at Roosevelt were to have a unique junket focus.”

Share via
Copy link