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Royal Dragon is in town

The hotel sector of Chan Meng Kam’s new property will hopefully be fully operational by mid-October

Hotel Royal Dragon will only provide a small number of hotel rooms for the casino clients of the property, having opened doors officially to the public yesterday, according to information provided by the sales and marketing department of Hotel Golden Dragon Macau.
Owned by former legislator and owner of Hotel Golden Dragon and Taipa Square Hotel and Casino, Chan Meng Kam, the hotel held its opening ceremony at 11:00am yesterday.
The new hotel is located in the vicinity of Hotel Lan Kwai Fong and Macau Polytechnic Institute.
Comprising 144 3-star rooms, the new hotel is expected to be fully operational by mid-October.
Chan revealed that bookings for the hotel had reached 80 to 90 per cent, according to local Chinese newspaper Macao Daily.
Business Daily asked Macao Government Tourism Office (MGTO) about the operations of the hotel in question; the tourism regulator wrote in its reply that ‘the licence of Hotel Royal Dragon was issued yesterday [Tuesday]’.
Meanwhile, Chan told the press that he had initially applied to transfer 25 tables from his other property of Hotel Golden Dragon but that the Gaming Inspection and Co-ordination Bureau (DICJ) had only approved 20, with all of these tables to serve mass market business.
According to local news outlet All About Macau, the gaming watchdog confirmed that its related application had been approved on Tuesday afternoon. DICJ Director Paulo Martins Chan told the press on Tuesday morning that related applications were still being processed.
As with Hotel Golden Dragon, the gaming concession of Royal Dragon is under SJM, while the property in Taipa is operated under the concession of Melco Resorts and Entertainment.
Meanwhile, in light of the upcoming expiration of gaming concessions held by the six gaming operators in the territory between 2020 and 2022, Chan told the press that the gaming market should be more open, and that he was not considering entering the tender process for the new concessions, reported Macao Daily.