Saturday, August 13, 2022

Beijing Imperial Palace may be forced to sell


Macau’s Court of Final Appeal (TUI) has rejected an appeal from the company that runs Beijing Imperial Palace, which disputed a ruling that it owed VIP gaming commissions.

According to Macau TDM, the money is owed to Hoi Cheng Nga, who runs Macau-based Energy Travel Agency.

The final ruling could see Hoi to push for the hotel to be sold in order to get her money back.

However, when asked if Hoi planned to sell the property, her lawyer told TDM that Hoi "just wants to get back her money".

The latest ruling is another blow to the casino operator.

Last October, workers staged a protest outside the casino-hotel over unpaid wages for up to 300 employees, including both local and foreign staff.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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