The wave of satellite casino closures in Macau continued this week as Casino Kam Pek Paradise closed on December 1st, while Casino Fortuna is set to cease operations on December 9th, operator SJM Resorts confirmed.
The closures mark another step in the dismantling of legacy satellite arrangements under the city’s revised gaming concessions, with the Hotel Landmark casino, also under an SJM license, the last of its kind remaining.
Kam Pek Paradise, operated by Hong Kong-listed Paradise Entertainment Ltd under SJM’s licence, shut its doors at 23:59 on December 1, with the property a fixture next to Hotel Lisboa in downtown Macau.
Its closure affects 584 workers directly employed by SJM Resorts, with the Gaming Inspection and Coordination Bureau saying it will maintain close communication with the Labour Affairs Bureau to oversee their reassignment.
SJM has pledged that all staff will be retained within its group, while locals not directly employed by the company will be given priority in applying for vacancies.
Casino Fortuna will follow suit on December 9th, with SJM stating that all gaming tables and slot machines from both properties will be redeployed to its self-promoted casinos. Customers holding chips, deposits or cash rebates from either venue can redeem them at other SJM-run casinos from the day after each closure.
The company stressed that all entitlements will be honoured and that employment will be safeguarded.
Paradise Entertainment, which run Kam Pek Paradise, reported HKD382.6 million ($49.1 million) in casino revenue from the property in the first half of 2025, up 7.3 percent year-on-year.
The firm said it will now focus on its LT Game electronic gaming equipment segment, which surged 83.7 percent year-on-year to HKD125.3 million ($16 million) in the same period, and sees strong growth potential in overseas markets.
The closures come as Macau’s amended Gaming Law, effective from January 2023, ended the old satellite casino model.
Several SJM-licensed satellites have already shut, including Casino Ponte 16 on November 28, with only Casino L’Arc absorbed into SJM’s core operations, after its parent agreed to acquire the L’Arc Hotel for HKD1.75 billion ($224.7 million).
SJM Resorts said it remains committed to working with government authorities to ensure smooth transitions, safeguard jobs, and contribute to the “healthy, orderly and sustainable development” of Macau’s gaming sector.
