More Playboy Woes: Cancel Plans To Open Entertainment Venue In Macau

HONG KONG (Dow Jones)–Playboy Enterprises Inc. (PLA) has canceled its plan to open an entertainment venue in Macau, eSun Holdings Ltd. (0571.HK), a shareholder in Playboy’s joint venture partner, said Thursday.

The Hong Kong-listed company didn’t say why Playboy had terminated the project.

Playboy, publisher of Playboy magazine, and Cyber One Agents Ltd. formed a joint venture in 2007 and planned to open the Playboy Mansion Macao this year.

eSun and U.S.-based New Cotai LLC each hold 40% of Cyber One Agents, which operates the Macao Studio City resort. Singapore developer CapitaLand Ltd. (C31.SG) owns the remaining 20%.

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