Good Morning. 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. Macau itself also saw a return in high rollers this month, with Citigroup seeing a 31 percent increase in whales and continual willingness to play. Meanwhile, the Southeast Asian gambling sector has become a target for Chinese hackers, according to a cybersecurity firm.

ASEAN Gaming Summit, asia gaming ebrief, Philippines

What you need to know

On the radar

AGB Intelligence


Grand Lisboa Hotel, SJM

SJM posts $1.1 billion in 1H23 revenue, mass and VIP on the rise

Macau legacy gaming operator SJM saw a strong first half-year, delivering some $1.1 billion in revenue during the period, with positive EBITDA figures. The results were driven by a strong increase in both mass and VIP play, as hotel occupancy shot up – helping non-gaming revenue. Satellite casino operations didn’t fare as well, with negative EBITDA, despite overall revenue rising.

Corporate Spotlight

1xBet, 1xBet Partners

1xBet was founded in 2007 and started accepting bets online in 2010. Over the years, 1xBet has become a key player in the sports betting industry and is now one of the top three most visited betting websites.

Industry Updates