Hotel in Macau dismantles gold bricks for sale, earning tens of millions of USD

Thanh Hà |

Grand Emperor Hotel in Macau (China) dismantles lobby floor to sell gold tiles, earning nearly 13 million USD.

The Grand Emperor Hotel in Macau (China) dismantled the yellow tiles on the lobby and sold these yellow tiles amid rising gold prices due to global geopolitical instability.

The hotel opened in 2006 and is famous for its luxurious decoration style, including the "golden road" in the entrance area with dozens of gold bars displayed and paved on the floor.

However, the parent company based in Hong Kong (China) - Emperor Entertainment Hotel - informed on February 4 that although this gold once created a luxurious and magnificent space for the hotel, in the current market context, the business sees this as a good opportunity to dismantle and sell the above gold.

The group said that it has sold some gold bricks with a total weight of 79kg to a gold refining unit in Hong Kong (China), earning 12.8 million USD. According to the business, this deal will help consolidate its financial situation and create resources for investment when suitable opportunities appear.

Currently, Macau (China) is the only place in China that allows legal casino operations. With an area of about 33 km2, Macau (China) leads the world in gambling revenue in 2025.

In an effort to diversify the economy, many casinos in Macau (China) have also gradually reduced dependence on casino operations. Grand Emperor also closed casinos in October 2025.

In this week's dossier, the group said that after stopping gambling activities at the above locations, this unit is "actively planning for other types of entertainment". The lobby area, which was once paved with gold by the hotel, will also be renovated.

This area is expected to be upgraded and redeveloped, so gold details according to the previous interior design are no longer suitable for the new direction of the hotel.

World gold prices have increased sharply in the past 12 months, largely due to unpredictable trade policies and volatile US tariffs. In the context of macroeconomic instability, investors often turn to precious metals because of their better price holding ability than legal tender and stocks.

Thanh Hà
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