Other festive holiday entertainments include concerts and digital expos plus a first look at the newly renovated Iec Long Firework Factory.
SJM Holdings
Gloomy results see VIP GGR, once a huge source of income, down to a paltry HK$29 million. CEO hopeful of ‘travel liberalisation’.
Complex transfer involving bond issue should clear way for company to retender for gaming concession at year’s end.
CEO points to expansion of retail and F&B at Grand Lisboa Palace as investment in Macao tourism and trust in obtaining new concession.
Gaming concessionaire reports mixed results for the year when it opened its new trophy property, Grand Lisboa Palace.
Group reports good results with net revenues reaching HK$19.7 billion; hopes to open Phase 3 hotel and convention centre in Cotai by early 2023 latest.
CEO Ambrose So hails summer opening of Grand Lisboa Palace and significant improvement in operating results.
Jitters caused by plans to put government officials on boards and criminalise underground banking.
Modest results announced days after Macao’s oldest gaming company opens US$5 billion Grand Lisboa Palace on Cotai.
