Hong Kong-listed Gaming Operator SJM Holdings has announced that Rui Cunha, one of the longest-serving advisors to casino mogul Stanley Ho Hung Sun, will not seek re-election at its upcoming annual general meeting as one of the company’s executive directors.
SJM
Sociedade de Jogos de Macau (SJM) announced the signing on Thursday of a HKD 25 billion syndicated loan facilities agreement with 19 leading financial instructions.
Representatives of Macau’s six gaming operators said on Wednesday they believed the share of income from their non-gaming businesses in their total revenue will continue to rise.
Galaxy Entertainment Group (GEG) and SJM Holdings reported on Tuesday their 2016 results. According to a GEG statement to the Hong Kong Stock Exchange, the company recorded a full-year net profit attributable to shareholders (NPAS) of HK$6.3 billion.
Pousada de São Tiago will temporarily close from March 31st and remain closed until the construction of the Barra Transport Complex is completed, SJM Managing Director and Chief Administrative Officer Angela Leong On Kei said on Tuesday.
SJM Holdings’ gaming revenue fell 11.1 per cent year-on-year to HK$9.99 billion in the third quarter, the gaming company said in a statement on Tuesday. In the first nine months, gaming revenue dropped 17.8 per cent year-on-year to HK$30.87 billion. Adjusted Ebitda decreased 8.4 per cent to HK$810 million in the third quarter. In the first three […]
SJM Managing Director Angela Leong On Kei and Wynn Macau Executive Director Linda Chen said that they believe that Macau’s six gaming operators’ revenue from non-gaming business will exceed nine per cent of their total income by 2020, 2.4 percentage points up from 2014. The government laid down the goal for the city’s gaming operators […]
The city’s six gaming operators started yesterday an over month-long discount promotion campaign titled “Macau Loves Locals” during which locals can enjoy various discounts on non-gaming offerings such as dining out, hotel rooms, shows and other kinds of entertainment. The campaign expires at the end of next month. Generally speaking, the discounts range from 20 […]