SJM Holdings | World Casino News

JP Morgan: Macau’s Casino Revenue Stabilizes as Market Adjusts to New Realities

March 18, 2025

Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Economy/Finance, Macau, Financial Press Releases

Macau's gaming landscape is showing signs of stability with a consistent gross gaming revenue (GGR) as the city adapts to new economic conditions and shifting strategies among major casino operators. According ...

Macau’s Ponte 16 Advances Floating Casino Project With New Land Agreement

Johnny K.

November 6, 2024

Casino News, Latest Casino and Gambling News, World Casino News, Casino project updates, Hong Kong, Macau, Asian Casino News

Macau’s Ponte 16 resort has secured government approval to expand its facilities with a significant addition: a floating casino named the "Macau Palace." This landmark project will form part of a broader revita...

Macau Casino Giants Set Sights on Thailand’s Emerging Gaming Market

Johnny K.

July 30, 2024

Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Asian Casino News, Thailand

Four leading casino operators from Macau are reportedly exploring investment opportunities in Thailand, positioning themselves to capitalize on what could become the world's third-largest casino market. Accordi...

SJM Holdings’ $53 Million Loss Offset By Booming Grand Lisboa Resort Operations

Radosav Milutinovic

November 15, 2023

Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Online Gambling News, Asian Casino News, Financial Press Releases

The acceleration of the Macau gaming industry seems to be compensating for the lows experienced during the pandemic. However, the past closures of gambling properties still impact SJM Holdings as the company re...

Macau Canidrome extension request rejected

Kim M

July 13, 2018

Greyhound Racing, Latest Casino and Gambling News, Macau

A request by the Macau (Yat Yuen) Canidrome Club to extend the July 20, 2018 deadline to either relocate or close completely has reportedly been rejected by Macau’s Gaming Inspection and Coordination Bureau (DI...

Macau Canidrome closing; must relocate 600 greyhounds

Kim M

July 3, 2018

Latest Casino and Gambling News, Casino closures, Macau

Asia’s only legal dog-racing track ran its last race on Saturday, June 30, 2018, in what was reportedly a low-key finale that saw around 300 people at the Macau Canidrome Club, which has been operated by the Ma...

Galaxy Ent announces discretionary bonus for employees; pledges to increase communications

Kim M

February 12, 2018

Latest Casino and Gambling News, Casino News, Macau, Labor Relations

Macau casino operator Galaxy Entertainment Group Ltd (SEHK: 00027) reportedly announced on Friday that on Feb. 13 prior to the Chinese New Year holiday the company’s eligible employees at senior manager grade a...

Macau ATMs will feature new security technology to fight illegal cash flow

Sadonna Price

May 8, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

To combat the illegal flow of cash from Mainland China, the government of Macau has decided to implement new security technology at ATMs located near casinos of the gambling city. On Sunday, the government issu...

AL Committee votes in favor of smoking lounges in Macau casinos

Kim M

March 15, 2017

Latest Casino and Gambling News, Macau

The Law on Prevention and Control of Tobacco Smoke and possible exceptions to the smoking ban in Macau casinos were the topics of discussion at the 10th meeting of The Second Standing Committee of the Legislati...

Macau’s GGR shows fourth consecutive month of increase after 14 percent growth reported in November

Renee Kingsley

December 2, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

Macau’s casino industry appears to be finally witnessing a turnaround after the Gaming Inspection and Coordination Bureau reported that gross gaming revenue (GGR) in the world’s biggest gambling hub had gone up...

Casino Taipa opens after 8 year closure

Lars Jones

November 21, 2016

Latest Casino and Gambling News, Casino openings, Macau

SJM Holdings Ltd. has reopened Casino Taipa at the Regency Art Hotel Macau, in Taipa after eight years of dormancy. The property is located at 2 Estrasa Almirante Marques near the Macau - Taipa Bridge and th...

Crimea government in negotiations with four casino developers

Adam Morgan

October 18, 2016

Casino proposals, Latest Casino and Gambling News, Russia, Russia

Following last week’s revelation that SJM Holdings and Summit Ascent Holdings were not interested in opening a casino in Crimea, the local government is now reportedly in talks with an unidentified developer th...

Losses grow at Macau Jockey Club

Martin Chua

July 14, 2016

Horse Racing, Latest Casino and Gambling News, Economy/Finance, Macau

Macau Horse Racing Co. Ltd has not turned a profit at the Macau Jockey Club in a decade. Losses for 2015 have been reported in the Official Gazette as being just under MOP88.4 million (US$11 million) an increas...

SJM Holdings experience drop in Q1 profits but still exceed analyst’s predictions

Renee Kingsley

May 4, 2016

Latest Casino and Gambling News, Casino openings, Macau

SJM Holdings is one of the six major casino operators in Macau and the parent company to some of the most well known casinos in Macau including the Grand Lisboa Casino, Hotel Fortuna Casino and the Casino Golde...

Genting Singapore decides to shut-down its Macau subsidiary

Renee Kingsley

April 26, 2016

Latest Casino and Gambling News, Casino project updates, Macau

Genting Singapore Plc, part of the Malaysian based Genting Group, recently announced that it had decided to shut-down its Macau subsidiary with immediate effect. The company decided to close its Genting Star (M...

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JP Morgan: Macau’s Casino Revenue Stabilizes as Market Adjusts to New Realities

Macau’s Ponte 16 Advances Floating Casino Project With New Land Agreement

Macau Casino Giants Set Sights on Thailand’s Emerging Gaming Market

SJM Holdings’ $53 Million Loss Offset By Booming Grand Lisboa Resort Operations

Macau Canidrome extension request rejected

Macau Canidrome closing; must relocate 600 greyhounds

Galaxy Ent announces discretionary bonus for employees; pledges to increase communications

Macau ATMs will feature new security technology to fight illegal cash flow

AL Committee votes in favor of smoking lounges in Macau casinos

Macau’s GGR shows fourth consecutive month of increase after 14 percent growth reported in November

Casino Taipa opens after 8 year closure

Crimea government in negotiations with four casino developers

Losses grow at Macau Jockey Club

SJM Holdings experience drop in Q1 profits but still exceed analyst’s predictions

Genting Singapore decides to shut-down its Macau subsidiary

NetEnt Turns Up the Heat with Golden Egg Invaders Slot Adventure

Thailand Moves Closer to Legalizing Casinos with New Entertainment Complex Law

Florida’s Gambling Overhaul Bill Moves Forward, Drawing Fire from Veterans and Racing Industry

Macau’s Mass Market Gaming Dominates 1Q25, But Revenue Growth Slows

Booming Games Brings Classic Springtime Cheer in Easter Classics Online Slot

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