澳門知名娛樂場「英皇宮殿」近日正式宣布停運，引起外界廣泛關注。這座位於澳門新口岸區的豪華娛樂場，自開業以來以其極盡奢華的裝潢與娛樂圈背景而聞名，其背後的掌舵人正是香港娛樂與商業界重量級人物——英皇集團主席楊受成。

「英皇宮殿」最初以「金碧輝煌、奢華至極」為主要賣點，在開業之初便成為澳門地標之一。大堂最引人矚目的，是鋪滿地面的78公斤千足黃金，象徵財富與權勢的極致展現。這一驚人設計不僅震撼了旅客，也成為媒體爭相報導的話題。當年開幕典禮更是星光熠熠，成龍、劉德華、張學友、容祖兒等多位英皇娛樂旗下巨星皆親臨現場助陣，盛況空前，充分展現楊受成在娛樂圈的廣泛人脈與影響力。

然而，隨著澳門博彩業在新冠疫情後進入調整期，加上特區政府收緊監管、推動博彩業轉型、打擊中介人「賭廳模式」，許多依賴貴賓廳的娛樂場經營受到重大衝擊。「英皇宮殿」亦難以倖免。儘管曾試圖以精品酒店與娛樂表演吸引新客源，但因成本高昂與旅客結構改變，營運壓力逐漸加劇。

近年來，澳門博彩收入雖有回升，但市場重心已明顯轉向六大博企（如澳博、銀河、美高梅等）的綜合度假村體系。相比之下，「英皇宮殿」缺乏大規模資金與國際品牌支持，市場競爭力逐漸式微。據業界消息人士透露，英皇娛樂場的停運決定，是在經過多月內部評估後拍板，主要考量包括經營成本過高、收益不穩定，以及未能通過新一輪博彩經營牌照續約。

楊受成本人對於娛樂、地產與珠寶事業的布局仍在持續，惟在博彩領域的退場，意味著英皇集團在澳門市場的階段性收尾，也象徵著一個屬於「星光與黃金」時代的結束。許多澳門居民與旅客對此感到唏噓，認為「英皇宮殿」雖未成最大娛樂場，但其獨特的奢華風格與娛樂圈氣息，仍在澳門的城市記憶中留下濃墨重彩的一筆。

The renowned Macau casino Emperor Palace Casino has officially announced its closure, drawing widespread attention across the region. Located in the city’s upscale New Port District, the luxurious establishment was operated by Emperor Group, chaired by Hong Kong entertainment mogul Albert Yeung Sau Shing. Since its opening, the casino had been famous for its extravagant design and strong ties to the entertainment industry.

One of the most iconic features of the Emperor Palace was its main lobby floor covered with 78 kilograms of pure gold, symbolizing immense wealth and opulence. This lavish detail became a media sensation and a must-see attraction for tourists. When the casino first opened, it hosted a star-studded ceremony attended by Emperor Entertainment’s biggest names — including Jackie Chan, Andy Lau, Jacky Cheung, and Joey Yung — underscoring Yeung’s deep influence in Hong Kong’s entertainment world.

However, in the aftermath of the COVID-19 pandemic, Macau’s gaming industry entered a major restructuring phase. The local government tightened regulations, cracked down on VIP junket operations, and encouraged the sector to shift toward tourism and non-gaming attractions. These changes dealt a heavy blow to smaller casinos that relied heavily on VIP gaming rooms. Despite attempts by the Emperor Palace to reposition itself as a boutique entertainment venue with shows and premium hotel experiences, rising costs and changing visitor demographics made the business increasingly difficult to sustain.

Although Macau’s gaming revenue has been recovering, the market is now dominated by the six major concessionaires — including SJM, Galaxy, and MGM — all of which operate massive integrated resorts. In comparison, the Emperor Palace lacked the financial scale and international branding to compete effectively. According to industry insiders, the decision to cease operations came after months of internal evaluation, citing unsustainable operating expenses, declining profit margins, and failure to secure renewal of its gaming license.

While Albert Yeung continues to expand his business empire in entertainment, real estate, and luxury retail, his withdrawal from the Macau casino scene marks the end of an era — one characterized by glittering gold, celebrity glamour, and Hong Kong’s entertainment influence over Macau’s nightlife. For many locals and longtime visitors, the closure of the Emperor Palace Casino feels nostalgic, symbolizing not only the end of a lavish chapter but also the transformation of Macau from its decadent past toward a more regulated, diversified future.