Good Morning. The end of one chapter, the start of another. As of 2 a.m. on December 30th, SJM has officially taken direct control of Casino L’Arc Macau, signaling a new strategy for its peninsula assets. The group acquired the property for $224 million, aiming to stabilize operations as the legal landscape shifts. Meanwhile, the final curtain fell on the city’s decades-long satellite casino model with the shutdown of Casino Landmark at 11:59 p.m. on Tuesday. In Portugal, the government is also seeking stability, extending current casino licenses by three months to navigate the formalities of an ongoing tender process covering several key gaming zones.
What you need to know
- Managing director Daisy Ho described SJM’s new L’Arc property as a “highly strategic asset” because of its prime location on the Macau peninsula.
- Macau’s final satellite casino, Casino Landmark, ceased operations late Tuesday as a government-mandated grace period came to an end.
- The Portuguese government has extended the operating concessions for casinos in three key regions by three months.
On the radar
- Jewellery shop in Cotai casino linked to $7.7M illegal money exchange.
- Myanmar demolishes more illegal gambling sites in Shwe Kokko/KK Park.
- CLSA trims MGM China earnings forecasts by over 6% for 2026–27.
AGB Intelligence
MACAU
SJM completes L’Arc transition, calls asset strategic
SJM Resorts has completed the integration of L’Arc Hotel and Casino into its self-operated portfolio, with Managing Director Daisy Ho describing the property as a highly strategic asset on the Macau Peninsula. The transition took effect in the early hours of December 30th after regulatory approval, ending L’Arc’s satellite casino status. The handover was carried out seamlessly, without disruption to guests or casino operations.
Industry Updates
- Groove Technologies brings next‑gen iGaming platform to ICE Barcelona 2026.
- Totogaming celebrates a milestone 2025 looking ahead to global expansion.
INTELLIGENCE | ASEAN | CAREERS | EVENTS
