Address: Rua do Visconde Paco de Arcos, Macau
Ponte 16 is an integrated casino-entertainment resort built over 2.3 hectares.Located in the Inner Harbor of Macau, the resort consists of a five-star hotel, a casino, Asia’s first MJ Gallery, and an upcoming entertainment and retail complex. Ponte 16’s architectural design draws inspiration from Macau’s unique East-West cultural pluralism, with a European/Portuguese design infused with traditional Chinese elements.Ponte 16 is the only resort situated in Macau’s Inner Harbor, part of “The Historic Centre of Macau” which is a designated UNESCO World Heritage site.The fully completed 1.3 million square feet integrated casino-entertainment resort consists of: 270,000 square feet gaming floor housing 109 gaming tables, 3 VIP Clubs and about 300 slot machines, a five-star luxury hotel managed by Sofitel with 389 opulent rooms and an exclusive block of 19 apartments in The Mansion of Sofitel. Hotel facilities include an all-day-dining restaurant, chic bars, outdoor swimming pools, Club Sofitel, modern fitness and MICE centers.
Success Universe, an investor in Macau’s Ponte 16, said group revenue for 2019 gained two percent to HK$1.14 billion ($147 million).
Success Universe, an investor in Macau’s Ponte 16 resort, said it expects its group profit for the six months to end June to be about two to three times the level of the prior year.
Success Universe, operator of Ponte 16 in Macau, posted profit of HK$14.2 million (US$1.8 million) in the first half of 2018, up from a loss of more than HK$21 million in the prior year period. The company said the turnaround in profit was mainly attributed to a fair value gain on investment properties of the […]
Only two casinos in Macau have had their smoking rooms approved to start operating in 2019, according to a report from Macau TDM. The two casinos are Ponte 16 and Studio City, which have been granted approval for ten smoking rooms. Next year, all smoking rooms will be required to abide by new smoking room […]
The seizure of UnionPay point of sale terminals (POS) from pawn shops in Macau earlier this month triggered a slide in operator shares on fears of tighter capital controls, though the continued use of illegal devices means there has been little impact on revenue. Two state-owned mainland banks, Industrial and Commercial Bank of China (ICBC) […]
Success Universe, operator of casino Ponte 16, reported a slight increase in revenue for the full year 2017, but said its casino business was impacted by the adverse effects of Typhoon Hato in August last year. Total group-wide revenue increased by 4.4 percent to HK$589.9 million, due mainly to an increase in its travel business […]
Success Universe recorded a loss for the six months ended June 30, 2017, following a decrease in the group’s earnings at Ponte 16, and a dip in revenue from its travel business. Loss attributable to owners of the company amounted to HK$21.1 million in the first half of 2017, while revenue of the group decreased […]
Success Universe has warned investors it is expecting to record a “significant increase” in consolidated loss for the six month period ending June 30, 2017. The loss, which is expected to widen by around 50 percent compared to the prior year period, is mainly attributable to a decrease in profit relating to Ponte 16, as […]
Deputy chairman of Success Universal Group, Hoffman Ma Ho-man, says the company is expecting to consolidate its VIP casino business, and expects more than 10 percent increase this year, The Standard reports. Success Universal, which operates the five-star Sofitel Macau at Ponte 16, has just finished its two-year refurbishment. Ma says the company is now […]
Success Universe Group says it expects consolidated loss for the full year 2016 to increase as much as threefold, due to average performance of its Ponte 16 operations as well as a decrease in performance of the group’s lottery business. According to a filing to the Hong Kong Stock Exchange on Thursday, the group said […]
Macau casino investor Success Universe has reported a near 50 percent drop in gross profit for the six months ended June 30, 2016, mainly attributable to the lowered profits relating to its flagship investment project. Success Universe, which earns shared profit of Ponte 16, said it saw approximately HK$10.6 million ($1.4 million) from operations in […]
Macau casino investor Success Universe says it is expected to record an increased loss for the six months ended June 30, 2016. The group said it expected to record an increase “of around 2 to 4 times” in loss after tax, mainly attributed to a decrease in the group’s share of profit in Ponte 16, […]
Macau casino investor Success Universe Group swung to a 2015 loss as shared profit from its flagship Ponte 16 project fell and its lottery business declined due to China’s ban on online sales. The group reported a loss of HK$11.6 million ($1.5 million) for the year ended Dec. 31, 2015, compared to a profit of […]
Success Universe Group Limited deputy chairman Hoffman Ma Ho Man claimed 90 percent of the hotel rooms at Sofitel Macau at Ponte 16 were occupied during the Lunar New Year period, local media reports. The chairman said that room rates during the holiday period dropped compared to previous years, and added the company will continue […]
Macau casino investor Success Universe Group Ltd has informed shareholders and potential investors that it expects to record a consolidated loss after tax for the year ended Dec. 31, 2015, according to a filing to the Hong Kong Stock Exchange on Feb. 1. The loss is compared with an audited consolidated profit after tax for […]
Success Universe announced that it expects to record a loss after tax for the six months ended 30 June 2015, compared with a year-on-year profit of HKD47.7 million ($6.15 million). The company said this is due to a further decrease in the group’s shared profit from Ponte 16, an integrated casino resort and the company’s […]
Success Universe, whose interests range from the lottery in mainland China to Ponte 16, an integrated casino-entertainment resort located in Macau, said it has sold off a 10 percent stake in Canada’s Jade Travel Group for C$332,500 ($267,894). The company is selling the stake to 1034635 B.C. Ltd, a British Columbia-based company, which already has […]