Source:Gaming Inspection and Coordination Bureau, DICJ
Macau’s casinos generated some four trillion yen in income in 2018, up 14% from the previous year and marking the second year-on-year profit increase in a row. With major casino operators opening new facilities in the area all the time and the effect of China’s anti-corruption movement easing, the market has recovered to around 80% of its peak.
The size of the Macau casino market is currently about three times that of Las Vegas, making it the largest of its kind in the world. Entertainment complexes combining hotels, casinos, and more are opening their doors as fully appointed resort facilities combining theaters, shopping centers, and other attractions that offer fun for the whole family.
Given these conditions, the Philia Wealth Group has been building extensive connections with Macau business partners since 2004. In 2018, we began financing the Macau-based global entertainment (junket) investor Meg-Star International. Today, we partner with them to manage casino VIP rooms at numerous large-scale resort hotels—among them Grand Lisboa Macau, StarWorld Macau, Wynn Macau, Galaxy Macau, Wynn Palace Cotai, City of Dreams Macau, Altira Macau, and The Venetian Macao.
9/F & 10/F VIP Area. Grand Lisboa, Avenida de Lisboa
9/F, Altira, Avenida de Kwong Tung, Taipa