Monday, July 15, 2024

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Emperor Entertainment raises annual caps on service fees from SJM

Emperor Entertainment Hotel has announced an adjustment to the annual caps on the service fees it will receive from SJM Resorts.

SJM Holdings appoints Ip Shih Ming as new CFO

Macau casino operator SJM Holdings Ltd has appointed Ip Shih Ming as new chief financial officer (CFO), with effect from 6 December 2023.

SJM to increase annual caps of leasing L’Arc Hotel and Jai Alai due to surge in demand

SJM Holdings Ltd, a Macau casino operator, has proposed a significant increase in the annual caps of its service agreement with L’Arc Entertainment, as well as the annual caps of leasing the Jai Alai building.

SJM to increase annual caps of service agreement with STDM due to surge in demand

Macau casino operator SJM Holdings Ltd has proposed a significant increase in the annual caps of its service agreement with its parent company STDM. This move follows the surge in demand for tourism products in the gaming hub.

Your Daily Asia Gaming eBrief: SJM sees 1H23 gaming revenue hit $1.1 billion

Finally some good news for Macau legacy gaming operator SJM, with the group posting $1.1 billion in gaming revenue for the first half-year, as both mass and VIP play boomed.

SJM reiterates its stance on non-gaming investments

The executive director of SJM Holdings, Daisy Ho, reaffirmed the company's stance on non-gaming investments, saying that “this is not necessarily a problem for integrated resorts operators that can add non-gaming activities to explore what is still a huge potential market.”

SJM Holdings bullish over The Grand Lisboa Palace

Despite recent results SJM Holdings is bullish over The Grand Lisboa Palace project and has made all provisions in the capex plans to ensure that enough financial attention is paid towards the project which kicked-off from July 2022.

Sands/SJM announce mass vaccination dates for employees

Sands China said it has been proactively working with the Health Bureau to encourage and facilitate its team members and their families to get vaccinated against COVID-19, doing its part to help Macao build an immune barrier, so that members of the public and people from all sectors of society can resume normal lives as soon as possible.

Sands/SJM/Wynn promote Macau at Jiangsu roadshow

Sands China recently took part in the Macau Week in Jiangsu mega roadshow to promote its Londoner integrated resort.

SJM senior notes issue on MOX a first for Macau

SJM Holdings’ recent senior notes issuance marks the first time a major tourism business in Macau has issued debt instruments on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (MOX)