South Shore Holdings of Macau has sold one of the last of its fleet of Rolls-Royce Phantoms, reaping $450,000 that will help pay down debt.
According to Inside Asian Gaming, the luxury vehicle was sold by South Shore’s wholly owned subsidiary, the 13 Group (Macau) Ltd., to a local property developer.
Former South Shore Chairman Stephen Hung acquired the fleet of 20 Phantoms in September 2016. He spent about $20 million for the cars, which were to be used to transport VIP guests to and from the new hotel 13. Hung required a custom exterior paint color, called “Stephen Red,” as well as bespoke 21-inch wheels and an interior clock by master jeweler Graff. The fleet also included two special gold phantoms reserved for select guests.
At the time, the 13 was said to be the most luxurious hotel in the world, but five years later remains incomplete and without a casino license.
