MGM down 10%, Melco and Wynn lose 8%, SJM drops 8% and Galaxy and Sands China close down 5% at end of a tough day’s trading.
SJM
SJM’s designer label property, which was entirely designed by the late German fashion icon, raises the stakes in Cotai.
Emergency disinfection operation under way, and all staff to be tested twice after patient gambled on premises for several hours.
Competition set to fire up future entrepreneurs in Macao, Hong Kong, China and Portuguese-speaking countries.
SJM Holdings subsidiary Champion Moments Limited successfully issued senior notes in the Macao bond market in the amounts of HK$1.25 billion and MOP 300 million.
Gaming operator takes a hit, but remains determined about new super-luxury hotel opening and prospects for 2021.
Last month’s growth indicated a recovery from last year’s casino takings. However, April’s revenues were still much lower than those in April 2019.
The group’s three Lisboa resorts form the mainstay of a roadshow broadcasting the message that Macao is a safe destination for tourists.
Macao’s oldest gaming operator takes a massive hit, but remains optimistic and aims to open Grand Lisboa Palace by mid-year.