Melco Resorts & Entertainment has announced the closure of its Grand Dragon Casino and three Mocha Clubs by the end of 2025. This decision is part of a strategic move to align with the new regulations in Macau’s gaming landscape, which restrict satellite casino operations.
Key Points
- Closure of Grand Dragon Casino and three Mocha Clubs set for end of 2025.
- Shift in Macau’s gaming laws mandates that only concessionaires can own casinos.
- Employees will be reassigned within the company to mitigate job losses.
- Gaming equipment from closed venues will be redistributed to other properties.
- Melco plans to keep three Mocha Clubs operational past 2025, pending regulatory approval.
Why should I read this?
If you’re into the casino scene, this article is a must-read! Melco’s actions mark a significant change in Macau’s gaming regulations, and understanding this shift will help you grasp the future landscape of casino operations. We’ve done the legwork, so you can stay in the loop without scouring through endless reports!
