Tag Archives: SJM Holdings

Having delayed the opening of Grand Lisboa Palace again this time to late 2020, Macau operator SJM Holding has been put under the microscope by analysts at Sanford C Bernstein, who believe the property could struggle to compete on Cotai due to SJM’s lack of experience in premium mass gaming. SJM has also confirmed that…

Dolgotrajno pomanjkanje prisotnosti na Cotai Stripu v Macau je dodatno prizadelo prihodke družbe Sociedade de Jogos de Macau, saj so čisti prihodki od iger na srečo padli za 0.7 odstotka, tržni delež pa je zdrsnil na 14.1 odstotka. Družba je povedala: »Gradnja Grand Lisboa Palace, integriranega letovišča skupine na Cotaiju, se je nadaljevala v …

SJM Holdings, once the monopolist force in Macau gaming, lost more market share in the first quarter as gaming revenue plateaued despite a surge by mass gaming revenues. The group’s VIP gross gaming revenue fell sharply to HK$3,935m, a decrease of 19.4 per cent whilst mass market gross gaming revenue was HK$6,193m, an increase of…

Pansy Ho, co-chair of MGM China, and the Henry Fok Foundation have bought more shares in Macau operator Sociedade de Turismo e Diversões de Macau (the controlling shareholder of SJM Holdings) giving them a 53 per cent, majority control in the company founded by her father; Stanley Ho. The deal done via Ms Ho’s Shun…

With its share of the Macau gaming market falling further to a record low of 14.7 per cent, the once monopolistic force of SJM Holdings would have been delighted to at least post an increase during the first quarter of the year. The company, which is still working on opening its first casino in Cotai,…

The ‘founding father’ of Macau’s casino industry, Dr Stanley Ho, will step down from his role as Chairman and Executive Director of SJM Holdings in June. SJM, who once held the monopolistic rights to operate casinos in Macau has seen its market share slip to 16.1 per cent in 2017 following the opening of the…

Macau’s casino sector has celebrated a year of monthly gains with July’s GGR of US$2.86bn marking a jump of 29 per cent year-on-year, the biggest monthly increase 12 consecutive months of growth. Analysts believe that a resurgence in VIPs spend, helped by improved junkets, along with the opening of new casinos is driving revenues. GGR…

The company that once held the monopoly for gaming in Macau; SJM Holdings saw its GGR, profit and market share all fall in 2016. GGR dropped by 14.5 per cent over the year to HKD 41.3bn ($5.3bn), profit fell 5.6 per cent to HKD 2.3bn whilst market share dropped from 21.7 per cent in 2015…

SJM Holdings je prvič po osmih letih znova odprl svoj Casino Taipa v Regency Art Hotelu. Majhna posest se nahaja v Taipi, blizu Altira Macau, in ima pet igralnih miz in 112 elektronskih igralnih sedežev. Zaprl se je leta 2008 pred razvojem Taipe kot igralnega stripa. Union Gaming…