Good Morning. End of the legend. SJM Resorts will close Casino Legend Palace on November 12, 2025, in compliance with new satellite casino gaming regulations, and redeploy its gaming assets to other venues. Genting Singapore’s third-quarter 2025 results reflected a ‘meaningful recovery’ from the previous quarter’s trough, with stronger mass market and non-gaming performance at its Resorts World Sentosa property. Meanwhile, executives at Melco Resorts & Entertainment expressed optimism amid Macau’s accelerating gaming rebound.
What you need to know
- SJM to close Fisherman’s Wharf’s Legend Palace Casino on November 12th, marking another step in Macau’s satellite casino phase-out.
- Genting Singapore recovers from 2Q dip with solid 3Q25 results; Maybank says new COO, hotel reopening to fuel 4Q25 gains.
- Executives at Melco Resorts & Entertainment voiced confidence in the group’s outlook as Macau’s gaming recovery gathered pace.
On the radar
- Average visitor spending declines 9.5% despite Macau tourism gains.
- Sega Sammy profit plunges 91% on weaker game sales, acquisition costs.
- Macau airport opens service centre in Shenzhen to boost cross-border connectivity.
AGB Intelligence
MACAU
SJM Resorts announces closure of Casino Legend Palace
SJM Resorts has announced that Casino Legend Palace will cease operations on November 12, 2025, in compliance with new regulations requiring satellite casinos to be directly managed by concessionaires. Located in the Macau Fisherman’s Wharf complex and operated by Macau Legend Development Ltd. under SJM’s gaming license, the closure is part of a broader regulatory response to enhance the gaming sector’s oversight. SJM will redeploy all gaming assets from Legend Palace to its other venues and has assured customers that they can redeem their chips and cash rebates at other SJM casinos starting November 13.
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