alaxy Entertainment Group has rolled out a new high-roller area in its flagship Galaxy Macau property. The new VIP area encompasses a main floor featuring 18 gaming tables at which the maximum betting limit at these tables is HK$1.5m (around US$186k)
On Wednesday, GEG announced the debut of JinMen8, its new VIP gaming club at the top of the Ritz-Carlton hotel at Galaxy Macau. The opening has been three years in the making and the company claims to have spent MOP300m (US$37m) making sure there was exactly the right amount of gold leaf, marble and Ming vases lying about.
For gamblers, there are also five gaming salons, two of which feature two tables apiece, each of which contains only a single table (maximum betting limit – HK$3m).
JimMen is GEG’s in-house VIP brand, and it caters to ‘direct premium’ gamblers, to whom GEG directly extends credit rather than utilizing the services of a junket middleman. That spares GEG the pain of having to share a gambler’s losses with the junket but exposes the company to the full risk should that gambler prove unwilling or unable to honor his (or her) marker.
Benedict Wan, GEG’s VP for international premium and mass market development, has declared that the company planned an official launch party for the new club on Saturday. Wan said this would be the only in-house VIP expansion GEG had planned for this year.