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Arxiu de l'etiqueta: SJM Holdings

Xina: analistes preocupats per la manca d'experiència de SJM en jocs massius premium

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…

Xina: la manca de presència de Cotai continua dificultant SJM

La manca perllongada de presència a la Franja de Cotai de Macau ha afectat encara més els ingressos de la Sociedade de Jogos de Macau amb una caiguda dels ingressos nets dels jocs un 0.7% i una quota de mercat que va baixar fins al 14.1%. La companyia va dir: "La construcció del Grand Lisboa Palace, el complex turístic integrat del Grup a Cotai, va continuar a...

China – Macau VIP revenues sink for SJM Holdings

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…

Xina: Pansy Ho i Timothy Fok prenen el control de SJM

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…

Xina: els beneficis de SJM milloren malgrat que la quota de mercat torna a caure

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,…

China – Stanley Ho to step down as Chairman of SJM

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…

China – Macau celebrates a year of monthly gains

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…

Xina - SJM confirma un 2016 dur perdent quota de mercat

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…

Xina: SJM reactiva la llicència de Taipa

SJM Holdings ha reobert el seu Casino Taipa al Regency Art Hotel per primera vegada en vuit anys. La petita propietat es troba a Taipa, a prop d'Altira Macau, i acull cinc taules de joc i 112 seients de joc electrònic. Es va tancar el 2008 abans del desenvolupament de Taipa com a banda de jocs. Union Gaming...