Tag Archives: LSU

SJM Resorts is pleased to announce that the Board of Directors has appointed Ms. Daisy Ho Chiu Fung as the Managing Director of the Company. The appointment has been approved by the Chief Executive of the Macau SAR. With this appointment, Ms. Daisy Ho is granted expanded management rights and authorities. She becomes the official…

Having opened Grand Lisboa Palace on Macau’s Coati Strip, Macau operator SJM Holdings saw its net gaming revenue edge up to HK$9,608m in 2021, as compared with HK$7,304m for the year of 2020. This led to a loss attributable to owners of the company was HK$4,144m, as compared with a loss HK$3,025 million for the…

The Board of SJM Holdings has changed the name of its principal subsidiary, Sociedade de Jogos de Macau to SJM Resorts to better reflect its bueinss in the lead up to opening its new Grand Lisboa Palace resort in Coati, Macau. Daisy Ho, Chairman and Executive Director of SJM Holdings Limited, said: “The new name…

The Macau government has kick-started its casino relicensing process by extending the licences held by SJM (Sociedade de Jogos de Macau) and MGM Grand Paradise to mid-2022 although there has been no indication to what might happen after this date. The new expiry date coincides with the expiry date of other concessionaires so that all…

The opening of SJM’s Grand Lisboa Palace cannot come quick enough for the Macau operator who has been left behind in terms of market share in Cotai. Whilst net gaming revenue earned by Sociedade de Jogos de Macau was HK$33,677m in 2018, marking an increase of 8.3 per cent from the previous year, its growth…

Sociedade de Jogos de Macau, (SJM Holdings) the operator who once ran every casino in Macau, has finally had something to shout about with its third quarter earnings although analysts gave a rather muted appraisal. SJM has been left behind somewhat with the migration of players to Cotai although it said: “Construction of the Grand…

Market share continued to slide for Macau’s once casino monopoly holder Sociedade de Jogos de Macao (SJM) although the company was buoyant in the first half of 2018 with profit up 57 per cent. The group’s net gaming revenue, Adjusted EBITDA and profit attributable to owners of the company increased by 9.6 per cent, 29.9…

Բրոքերային Sanford C Bernstein-ը կարծում է, որ Մակաոյի կառավարությունը կարող է իր արբանյակային գործընկերներին առաջարկել լիցենզիաներ, որոնք ներկայումս օգտագործվում են որպես արբանյակային խաղատներ կոնցեսիոներ օպերատոր SJM Holdings-ի հետ: Վերլուծական խումբը կարծում է, որ SJM-ի համար «փոքր բարելավում» կա, որը վերջին տասնամյակի ընթացքում կորցրել է շուկայի մասնաբաժինը մրցակից խաղատների նկատմամբ: Ութ տարի առաջ հաշվարկվում էր…

Having seen its market share slide further to just 16.1 per cent in the fourth quarter of 2017, Sociedade de Jogos de Macau, said it was still on course to complete the construction of Grand Lisboa Palace this year. The operator, who for so long held a monopoly on casino gaming in Macau, said that…