Good Morning. Macau’s SJM stands to gain better margins from the tables and EGMs that will now go to its directly-managed properties, following the closure of most of its satellite casinos by year-end. But labor costs from, and decreased economic activity around, the legacy operations still weigh, notes an academic. Meanwhile, Japan is further aiming to limit its citizens’ access to online gaming, passing a bill prohibiting online gambling adverts. Also in the world of iGaming, Anjouan has launched a new recognition certificate program for B2B providers, as interest continues to increase.
What you need to know
- Closure of 11 satellite casinos in Macau to reshape the local gaming landscape, especially for SJM, according to a University of Macau academic.
- Japan is moving to curb gambling harm from the online sector, passing a bill to prohibit online gambling advertisements.
- Anjouan launches new recognition certificate program for B2B providers, improving regulatory standards and streamlining operations.
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- PAGCOR launches subsite to combat illegal online gaming.
- Wynn to host awards ceremony for Asia’s 50 Best Bars 2025.
- Cambodia PM: neighbors casting blame also have online gambling.
- Imperial Pacific bid winner aims to transfer land lease of casino.
AGB Intelligence
MACAU
SJM benefits from table games shift, labor costs weigh
The impending closure of at least nine of Macau’s 11 satellite casinos stands to benefit SJM, which is aiming to close seven of its operations, while still negotiating whether it can hold on to two others. An academic notes that the shift of gaming tables and EGMs to being directly under the concessionaire will be beneficial, with higher profit margins. However, the increased costs of absorbing the labor force will have an impact.
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Written by
AGBrief Editorial
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.
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