Tak Chun Group junket launches new VIP club at Plaza Macao, bringing company's Macau presence to 15 properties; Rich Goldman/Neptune revenue plummets.
Macau casino junket operator Neptune Group proposes changing name to Rich Goldman Holdings as gaming opportunities dry up.
Macau casinos report gaming revenue up 29% in July, extending their winning streak to 12 straight months; Neptune loses another junket partner.
Venetian Macau has cancelled the right of one of Neptune Group’s junket partners to run high roller tables on the integrated resort’s casino floor.
Neptune Group Ltd. reported a net profit of HKD25.9 million (US$3.3 million) for the six months ended December 31, 2016.
Macau gaming regulator says number of valid junket operator licenses expected to shrink from 141 in January 2016 to "slightly more than 120."
Neptune Group says its 2015-16 annual report reflects the grim fortunes of the overall junket operator industry and a recovery won't come soon.
Macau junket Neptune Group further delays publication of annual report as it struggles to collect outstanding gambling debts and VIP profit streams.
Neptune Group junket suspends trading in its shares after delaying release of its 2015-16 annual report, expects “significant adjustments."
Macau junket investor Neptune Group warns shareholders that it expects to record a "significant loss" in its upcoming fiscal year report.