Poker was always a money-loser at the City of Dreams Macau casino, according to Melco Resorts & Entertainment (MRE) boss Lawrence Ho.

On Tuesday, MRE hosted an exclusive preview of Morpheus, the new hotel at MRE’s City of Dreams property in Macau. The visually striking 772-room hotel, which carries a $1.1b price tag, is scheduled to open to the public on June 15, pending receipt of the necessary permits from Macau regulators.

MRE CEO/chairman Ho told his invited guests that Morpheus was an “architectural masterpiece, the world’s first free-form exoskeleton high-rise” that would “satisfy the dreams of tomorrow’s most sophisticated international travelers.”

MRE has already declared that Morpheus’ gaming operations won’t focus on VIP gamblers and thus there will be no need to strike deals with Macau junket operators. Instead, the property intends to focus on the premium mass segment, which is more profitable for casinos due to the elimination of the junket middleman.