The site of the former New Century Hotel and Greek Mythology Casino in Macau is going to be reopened as a split hotel property, offering two-star and five-star accommodation.
According to Portuguese-language broadcaster TDM Canal Macau, the Macau Government Tourism Office (MGTO) is currently processing two requests for ‘low-cost and five-star hotels’.
The property has been shuttered since 2016, having been involved in a dispute between former junket operator Suncity and table games operator AMAX Holdings (now known as Century Entertainment) during its closure.
AMAX had accused the junket group of invading the property in a takeover attempt, with Macau courts ruling in favor of Macau Empresa Hoteleira (under AMAX) in its dispute against Victory Success Ltd (accused of the attempted takeover).
Despite this, and reports by Macau News Agency in 2024 that the hotel land was set to revert to the government, the development is currently being run by Victory Success, which has the same fiscal address as the Yoho Group.
Yoho Group is behind the Roosevelt Hotel in Taipa (next to the former Jockey Club), the Treasure Hotel on the peninsula (across from Wynn), and now is developing the long-defunct site across from Melco-operated Altira in Taipa.
TDM Canal Macau highlights that Victory Success is registered in the Marshall Islands under Key Success Limited and linked to Macau real estate mogul Ao Mio Leong.
The license for the property was granted in 2025, with work scheduled to be completed in May and an initial opening planned for the second half of this year.
Before Macau’s junket shutdown and ahead of the license retendering process for Macau’s casinos, there was speculation that the attempted takeover of the former Greek Mythology casino could provide Suncity with a large-scale hotel/casino property that it could use to bid for a gaming concession in the territory. Greek Mythology had previously operated as a satellite casino under legacy gaming operator SJM.
Given the full application of the new gaming law, satellite casino operations are no longer allowed, meaning that the property will not see a casino reopen at the venue.
However, the development could potentially fix a long-term eyesore next to Altira, and spread tourist visits out from the traditional haunts: the Cotai Strip and Taipa Village.
