Home » The 13 Macau Future in Limbo, Casino Operations Postponed

The 13 Macau Future in Limbo, Casino Operations Postponed

The 13 in Macau Coloane Village announced that the gaming operations are postponed once again. The $1.6 billion property located on the border of Cotai and Coloane has paused the operation of the casino as they face financial issues.  The casino’s remote location struggled to entice high rollers to the venue. The 13 Macau The parent company, South Shore Holdings Limited did confirm that its two largest shareholders – ITC Properties and Paul Y Engineering Group (PYE) renewed their business services contract for three more years which will take effect from April 1, 2019.

The 13 Macau Future is Unknown

The decadent 201-suite boutique which was envisioned by the flashy Hong Kong entrepreneur Stephen Hung, fascinated a wave of investors. Hung had believed he could tempt Cotai’s richest visitors to head south through one of the 30 custom Rolls-Royce Phantom cars he custom-built to serve as guest transports. Macau, though, saw the gross gaming income fall from $45 billion in 2013 to less than $28 billion. The slump was the consequence of China crack down on trip travel groups transporting VIPs to Macau, in what Grassroots Republic Xi Jinping supposed was an ingenious way to move money out from under the Communist Party’s deeply taxed control. Paul Y Engineering Group, which built the 13, has control of 51.76 percent of South Shore. Hong Kong real estate developer and investment group, ITC, has acquired a 45.76 percent stake. Shares of South Share Holdings have closed at HK$0.33.

The Casino Funds

South Shore says in its current financial report that The 13 losses about $10 million monthly. In February, the firm revealed that it needs more money to open a casino floor, which is about $44.8 million. The 13 to join a casino, the resort will need to partner up with one of the reserve’s six licensed operatives, then be permitted by the Macau Gaming Inspection and Coordination Bureau. Without any gaming, it is believed that The 13 cannot survive. More Casino News 
Paul Jacobs

About Paul Jacobs

Paul Jacobs is an American online casino expert and Senior Editor at CasinoUS, where he provides in-depth analysis of US online gambling laws, licensed casinos, betting platforms, and responsible gaming practices. With over a decade of hands-on experience in the online gambling industry, Paul is recognised for his strong understanding of state-by-state US gambling regulations, casino licensing requirements, player protection standards, and compliance frameworks. His work focuses on delivering clear, evidence-based casino reviews and regulatory insights to help American players make informed and responsible decisions. Born in Sydney, Australia, Paul Jacobs is a dual Australian–American citizen, giving him a rare cross-market perspective on both the US and Australian gambling industries. Alongside his work at CasinoUS, he is also a senior editor at AustralianOnlineCasino.io, where he specialises in licensed Australian online casinos, casino bonuses, and Australian gambling regulation analysis. Paul’s combined expertise across the United States and Australia includes online casino licensing and compliance, gambling law interpretation, player safety, responsible gambling, bonus structures, payouts, and fair play standards. He is committed to transparency and cutting through marketing hype to provide trustworthy, expert-driven guidance for players in both markets.