Macau VIP gaming promoter Sing Hou Entertainment Group Ltd is seeking to list its shares at the Hong Kong Stock Exchange. The company’s draft application for listing says it wishes to expand its customer base and market share. Sing Hou Entertainment runs a VIP gaming room in the StarWorld casino, but intends to reduce its dependence on Galaxy Entertainment Group Ltd by operating junkets to casinos run by other gaming companies. The VIP gaming market has been contracting, and Sing Hou Entertainment’s annual profit has fallen for the past three years.
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