A mysterious Royal Dragon Casino sign appeared out of the blue to locals because the local gambling regulator did not receive an application to open a new gambling facility in Macau.

The news remained unchanged until last Friday. GGM Asia’s gambling facility was reported by a gambling media outlet.

The new gambling hub, reportedly owned by local businessman and former policymaker Chan Mengkam, will open today without obtaining regulatory approval. The opening date was not accidentally selected as it coincided with China’s golden holiday in October. On Friday, Martins Chan was asked to still operate at Chan’s new gambling house, according to GGR Asia.

Making the case even more complicated is the fact that Macau introduced a so-called moratorium in 2008 that placed caps on new casinos in the region to limit market expansion. In other words, a third party cannot open a gambling facility with the license of some of the six casino operators that already exist.

In an emailed reply on Friday, Chan told the news media that new gambling houses would be allowed to set up gambling tables. This means that the number of gambling houses in Macau remains unchanged. However, the game bureau did not specify the exact number expected to be moved to the new gambling house.

the advent of controversial casinos
The sign of the new place surprised locals and officials. Earlier this month, GGR Asia said the new gambling house was being managed by Golden Dragon Co Ltd, owned by Chan Meng Kam. Importantly here, Golden Dragon Co Ltd operates another casino hotel, the latter reporting similarities to the new casino licenses of Melco Resorts and Entertainment Ltd.

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