Search Results for: SJM Holdings Ltd.
Paradise Entertainment’s board split signals expansion into ‘green’ sectors outside gaming
October 13, 2023
In order to expand outside gaming, Paradise Entertainment Ltd. separated the position of board chair inside the company. Beginning...
Asia, Middle East gamblers to cash in on wave of legalisation in Thailand, Japan, UAE, pressuring Macau
June 16, 2023
In a sea change for the traditionally conservative region, some of the biggest tourist spots in Asia and the Middle East are movin...
Macau’s Satellite Casinos Losing Appeal Among Players
May 5, 2023
The Macau satellite casinos, which were once thought of as tourist attractions, are now closing down or altogether disappearing fr...
Five Individuals Including Levo Chan Ordered to Pay Restitution to Casino Companies
April 26, 2023
After being found guilty of fraud, the former CEO of the junket operator Tak Chun Group was compelled to make restitution.
Levo...
Most Casino Tycoons with Offices in Hong Kong will Rise on the 2023 Forbes List
February 24, 2023
Forbes magazine's list of Hong Kong's 50 Richest Persons for 2018 notably features billionaires with gambling holdings in Macau on...
Macau’s Casino Lockdown Catches 500 People as Covid Flares
July 7, 2022
City has already closed bars to cinemas to tame record flareupSJM Holdings shares drop as broader casino gauge extends loss
Ma...
Ponte 16 Executive Says Macau Government Should Allow Satellites to Get a Performance-Based Casino Revenue Share
June 14, 2022
A management official at one of the most prominent satellite casino resorts in Macau – Ponte 16 – has shared his hopes to see...
Future satellite casino management fees should be adjusted according to gaming revenue – David Chow
May 27, 2022
The chairman and non-executive director of gaming company Macau Legend, David Chow Kam Fai, that future management fee to be char...
Macau unions fear for satellite casino jobs in law revision
March 23, 2022
Several gaming labour groups affiliated to Macau’s Federation of Trade Unions – the largest local labour organisation – sai...
Macau Casino Shares Fall on Tighter Quarantines for China Travelers
March 14, 2022
Hong Kong-listed casino shares fell broadly on Monday after Macau tightened quarantine requirements for some travelers amid a jum...