Despite a rise in net gaming revenue, SJM experienced a slight dip in adjusted earnings, as it pushes forward with acquisitions and casino optimisation
Business
Hotel occupancy rates reached 91 percent last month, representing a 1.9 percent rise compared to the same time last year
Investment analysts are forecasting at least ten percent gross gaming revenue growth for August, which would mark a third straight month of double-digit gains
The city’s international tourism push was rewarded with one Grand Award and three Gold Awards at the annual PATA Travel Mart 2025 in Thailand’s capital
The Macao-based gaming company reported a 48.5 percent rise in first-half profit, most of which was attributed to a soon-to shut satellite casino
The three-month long consumption scheme will kick off next Monday, with the SAR government confident that it will stimulate local spending during tourism’s quiet season
The average length of stay for tourists in Macao has been slowly declining: from a peak of 1.6 days in 2021 to 1.1 days between January and June 2025
The satellite casino operator says it expects losses of HK$1,421 million (US$182.2 million) for the first six months of the year
The investment bank now predicts that Macao’s gross gaming revenue will surge by 15 percent year-on-year in the second half of 2025