#SJM Holdings Ltd

GGRAsia

Macau casino bets mostly US$64 up on Day 6 of CNY hols

GGRAsia walked the mass-play floors of a number of the major casinos in downtown Macau and the Cotai district on Thursday, which for mainland China residents was the sixth day of an eight-day holiday break to mark Chinese New Year this time. At about 11.25am at Grand Lisboa (pictured), run by SJM Holdings Ltd on the city's peninsula, the sic bo…

Live Gambling ・ 15 February 2024

Benzinga

Casinos and Gambling Market to grow by USD 90.22 billion from 2022 to 2027

NEW YORK, Oct. 12, 2023 /PRNewswire/ -- The casinos and gambling market is estimated to grow by USD 90.22 billion from 2022 to 2027, growing at a CAGR of 8.13% . The casinos and gambling market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer casinos and gambling market are 888 Holdings…

13 October 2023

GGRAsia

LT Game readies new LMG product as Macau recovers: Chun

A new'live multi-game' (LMG) product for electronic versions of casino games featuring a live dealer, is being planned for launch before year-end by Macau-based specialist in the field, LT Game Ltd, said boss Jay Chun (pictured), in an interview with GGRAsia. The newcomer, branded "Nera", should make an appearance "by the end of this year", stated…

Industry ・ 21 September 2023

Digital Journey

Recorded Hyper Growth in the Future

Casinos is a place where different types of gambling games are played by visitors, casinos are majorly build at tourist attraction places such as megaresorts, massive hotels, retail shopping places and cruise ships. Minimum age of gambling in worldwide casinos is start from 18 to 21, different types of games played in casinos such as poker,…

05 September 2023

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

World Casino News

Grand Lisboa Palace Launches Foreigner Gaming Area

On April 10, Grand Lisboa Palace, located in Macau's Cotai district, owned and operated by gaming giant SJM Holdings Ltd., officially opened the foreigner gaming zone. Location: The zone is found in the Cotai resort in the "Dragon Pavillon" which is the ultimate gaming part of the facility. Commenting on the opening, specifically the official…

Land-based ・ 11 April 2023

World Casino News

Emperor E Hotel inks deal to continue operations of Macau's satellite casino Grand Emperor

After a six-month period of direct administration by Macau gaming licensee, SJM Resorts Ltd., a subsidiary of Hong Kong-based SJM Holdings Ltd. , Emperor Entertainment Hotel's subsidiary, Tin Hou Ltd. based in Hong Kong, has signed a lucrative three-year agreement with SJM Resorts Ltd. to take over the management of the Grand Emperor Hotel, a Macau…

Industry ・ 04 January 2023

GGRAsia

Success Dragon slot mgmt revenue down 63pct, posts loss

Gaming services provider Success Dragon International Holdings Ltd said in a Monday filing to the Hong Kong Stock Exchange that it moved to a HKD1.6-million (US$200000) net loss in the six months ended September 30, versus a net profit of HKD4.4 million in the prior-year period. Revenue generated from what the group terms "provision of services on…

Finance ・ 29 November 2022

The Wall Street Journal

Six Macau Casino Operators Win New 10-Year Licenses

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https Cotai Strip earlier this year. Six casino operators in…

Travel ・ 26 November 2022

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GGRAsia

SJM satellites Ponte 16, Kam Pek to continue ops to Dec

Success Universe Group Ltd, an investor and promoter in Macau casino hotel Ponte 16, has agreed with casino operator SJM Holdings Ltd to extend the provision of gaming services at the property until the end of this year. The information was confirmed to GGRAsia by Success Universe's deputy chairman and executive director, Hoffman Ma Ho Man. Casino…

Covid ・ 30 September 2022

Review Journal

Macao casinos to close as COVID-19 outbreak widens

Macao will shut almost all businesses, including casinos, for a week starting Monday as a COVID-19 outbreak in the Asian gambling hub showed few signs of abating, Macao Daily reported. Essential business operations including supermarkets and pharmacies will remain open, the report cited the city's officials as saying at a press briefing Saturday.…

Covid ・ 10 July 2022

GGRAsia

Macau GGR targets hurt ops with low-yield assets: broker

The Macau government's proposed minimum annual target of casino gross gaming revenue (GGR) per table and per gaming machine could result in operators with low-yielding gaming assets bearing in practice a levy on doing business that is higher even than the 39 percent effective tax rate on GGR, says a report from China International Capital Corp Hong…

Industry ・ 19 April 2022

Yogonet

Macau's "satellite casino" in Grand Emperor Hotel to close by June 26

The casino located in the Grand Emperor Hotel, in downtown Macau, is set to cease its operations on June 26, Emperor Entertainment Hotel Limited announced in a stock filing last Friday. The venue will not be renewing the service agreement currently in place with gaming concessionaire SJM Holdings Ltd. "The group's casino in Grand Emperor Hotel is…

Covid ・ 13 April 2022

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Macau Business

Satellite casinos ‘fraught with opacity and undesirable business practices’, expected law changes necessary

Macau satellite casinos are "fraught with opacity and undesirable business practices" and the closure of the sector's regulatory loophole" in the future amended gaming law will provide more "transparency, legal certainty, and full oversight of the city's gaming industry", a gaming researcher from the Macao Polytechnic University states in a new…

Covid ・ 06 April 2022

GGRAsia

LT Game unveils E-Baccarat table

Macau-based electronic table games specialist LT Game Ltd has just launched its new E-Baccarat table. It combines a live dealer with electronic betting. The newly developed E-Baccarat allows for between five and 10 players to play on the table simultaneously. The dealer just deals the cards - he is not required for placing bets or collecting…

Baccarat ・ 21 February 2022

European Gaming

The Global Casino Gambling Market is expected to grow by $ 32.54 bn during 2021-2025, progressing at a CAGR of 3.50% during the forecast period

Reportlinker announces the release of the report "Global Casino Gambling Market 2021-2025" 50% during the forecast period. Our report on the casinos and gambling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an…

Industry ・ 11 October 2021

GGRAsia

Success Dragon confirms new deals with two Macau casinos

Gaming services provider Success Dragon International Holdings Ltd is to "supply, set up and manage" a minimum of 120 slot machines and multi-terminal machine units in the slot halls of Macau casinos Grandview and Casa Real (pictured in a file photo), respectively. The announcement was made by the firm in a filing to the Hong Kong Stock…

Travel ・ 20 September 2021

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GGRAsia

Macau may end casino sub-concessions, directly monitor ops

The Macau government seeks, under proposed changes to the city's gaming law framework, to end the system of "sub-concessions" that enabled three extra Macau licensees to be created from what had been envisaged as a three-concession system at the advent of market liberalisation at the start of the century. There are also plans for…

Travel ・ 14 September 2021

Markets Insider

Casinos And Gambling Market to grow by USD 82.09 billion

NEW YORK, Aug. 4, 2021 /PRNewswire/ -- The casinos and gambling market size is expected to increase by USD 82.09 billion during 2020-2024, registering a CAGR of about 10% during the forecast period. Technavio reports offer customer landscape matrix and vendor landscape analysis that assists global businesses to obtain growth opportunities. The…

Industry ・ 05 August 2021

GGRAsia

SJM Holdings 1H loss slightly up, as revenue rises 19pct

Macau casino operator SJM Holdings Ltd reported a first-half net loss of nearly HKD1.47 billion (US$ 188.5 million), compared to HKD1.41 in the first six months of 2020. That was on revenue that rose by 19.4 percent year-on-year, to HKD5.22 billion, the firm said on a Tuesday filing to the Hong Kong bourse. Group adjusted earnings before interest,…

Finance ・ 03 August 2021