The future of smoking lounges in Macau casinos is in the public’s hands.
SJM CEO Ambrose So personally opposes adding more casino licenses in Macau; Gov't removes gambling ads.
Analysts say Macau could see revenue fall 7% in 2015 and the “build-it-and-they-will-come mantra is no longer a valid investment thesis.”
Around 1,000 dealers at SJM Holdings' flagship Grand Lisboa casino in Macau to refuse to deal cards this weekend in targeted protest.
UnionPay card terminals inside Macau casinos are to be removed July 1, as mandated by Chinese officials in May.
Macau lunar new year visitors up 13% over 2013, despite a Chinese civil service ban on gambling and adultery, even on personal time.
A month after Sands closed the casino revenue gap on SJM Holdings, the latter received some much needed breathing room in September.
The financial numbers back up the popularity of these casino boats, including Success Universe, which earned HK$2.15 million in 1H of 2013.
SJM CEO Ambrose So says shrinking Macau market share is due to lack of hotel rooms to serve mass market, seeks smoking exemption or full ban
SJM Holdings sees H1 profit rise on increased VIP gaming revenue.