“We look forward to the continuation of our gaming concession, joining hands with the government and the people of Macau in creating a new chapter in the city’s growth story,” said the gaming company’s Board Chairman Ambrose So Shu Fai.
SJM
SJM Holdings’ profit attributable to owners of the gaming company in the third quarter rose by 65.1 percent year on year to HK$707 million
SJM Holdings said in a statement Wednesday that its net gaming revenue for the first quarter rose by 6.7 percent year on year to HK$8.41 billion.
Stanley Ho Hung Sun will step down from his flagship casino company SJM Holdings, the company said Thursday, as the 96-year-old mogul hands over the reins to his daughter Daisy.
SJM said Wednesday that its profit dropped 15.6 percent to HK$1.96 billion patacas last year, even though its gaming revenue rose 0.1 percent to HK$41.29 billion.
Macau gaming operator Sociedade de Jogos de Macau (SJM) has announced its third quarter results for 2017. Gaming revenue for the group was HK$10,015 million, a 0.6 percent increase from the third quarter of 2016.
The Judiciary Police said on Sunday they have launched an investigation into a suspicious fire at SJM’s Grand Lisboa Palace, in Cotai, construction site on Saturday night.
SJM Chief Executive Officer Ambrose So Shu Fai said on Monday that as Macau’s gaming revenue has been up for nine straight months, and if the momentum continues, there could even be double-digit growth in this year’s gaming revenue.
Casino operator Galaxy Entertainment Group (GEG) said on Thursday that its total revenue in the first quarter rose 5 percent year on year to HK$14.1 billion.