Search Results for: satellite casino
SJM Increases Payments to Leong-Owned Entities as Macau Recovers
June 3, 2024
Stronghold Macau casino SJM is paying out more money to companies run by co-chair Angela Leong, suggesting that the gaming sector ...
CBRE reports that SJM is centralizing operations to enhance efficiency and increase earnings
March 8, 2024
SJM Holdings Ltd., the management of a prominent Macau casino operator, has expressed optimism about its performance this year fol...
SJM reportedly facing “deleveraging trajectory,” lags behind industry peers
January 9, 2024
Lucror Analytics indicates that SJM Holdings Ltd, a casino operator located in Macau, seems to be following a "deleveraging trajec...
Fitch forecasts SJM’s EBITDA to double, reach $461.1 million in 2024
January 5, 2024
Earnings before interest, taxes, depreciation, and amortization (EBITDA) for SJM Holdings Ltd. is expected to rise from an anticip...
Industry veterans say Macau junkets lost interest due to high costs, strict regulations
January 5, 2024
U Io Hung and Kwok Chi Chung, two seasoned veterans of Macau junkets, claim that just three out of the eighteen gaming promoters, ...
SJM revises agreement on maximum amount payable for using STDM-owned hotel rooms
November 20, 2023
The Macau casino operator SJM Holdings has modified its contract with Sociedade de Turismo e Diverses de Macau (STDM), its parent ...
Emperor Entertainment anticipates HK$10 million net profit; marks 240% year-on-year increase
October 25, 2023
In contrast to a loss of HK$190.9 million during the same period last year, Emperor Entertainment Hotel Ltd. anticipates a net pro...
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...
Mass table games and ETGs push Macau’s SJM Q2 GGR to USD 722M
August 22, 2023
SJM Holdings, the operator of Macau’s famous Grand Lisboa and Casino Lisboa, posted its Q2 performance, which is up 241% year-on...
City of Dreams parent company Melco Resorts and Entertainment looks to the West; Cyprus property poised to captivate Europe and ME markets
August 3, 2023
City of Dreams Mediterranean GM says property will leverage its Asian success to a new market; poker tournaments, challenges, and ...