Macau’s casino regulators won’t authorize any new gaming tables at Melco Resorts & Entertainment’s new Morpheus property this year.
MRE’s architecturally striking $1.1b Morpheus tower will have its formal grand opening ceremony on Friday, June 15. But the new addition to MRE’s City of Dreams property won’t receive any new-to-market gaming tables from Macau authorities, at least, not this year.
On Thursday, GGRAsia reported that Macau’s Gaming Inspection and Coordination Bureau (DICJ) had confirmed that it had granted MRE the right to transfer 40 gaming tables from its other properties to Morpheus. But the DICJ said any decision on whether to approve new table allocations to Morpheus won’t happen until 2019, if at all.
The DICJ justified its decision as necessary to ensure the regulator doesn’t exceed its principle of limiting annual table growth to 3% until 2023, one year after the government will have (hopefully) sorted out its casino concession renewal process.