Tag Archives: SJM Holdings
China – SJM sees huge jump in net profit despite falling revenues
SJM Holdings has reported gaming revenue of HK$9,992m for the three months ended 30 September, representing a year-on-year decrease of 11.1 per cent. VIP gaming revenue was down 19.1 per cent to HK$4,403m whilst mass market gaming revenue was down 3.8 per cent to HK$5,317m. Slot machine and Tombola revenue was HK$272m, a decrease of…
China – SJM Holdings scade în continuare în al doilea trimestru
Sociedade de Jogos de Macau, grupul care a deținut cândva un monopol asupra cazinourilor din Macao, a obținut rezultate mai slabe decât cele așteptate în al doilea trimestru, cu veniturile din jocuri de noroc în scădere cu 20.7%, EBITDA ajustat cu 27.8% și profitul atribuit proprietarilor companiei cu 38.7% la sută. Dr. Ambrose So, director executiv...
China – Macau Slot retains Macau sports betting monopoly
Macau Slot Co, the only sports betting company allowed in Macau, has had its license extended for another five years. The company owned by v who held a 40-year monopoly over the operation of casinos in Macau, will retain its monopoly on all sports betting except horse racing in Macau until at least June 5,…
China – April marks Macau’s 23rd month of decline amid talk of ‘stabilisation’
April’s Gross Gaming Revenues fell another 9.5 per cent in Macau, marking the 23rd consecutive month of decline as figures hit 17.341bn patacas (US$2.167bn). Despite the loss, the buzzword for operators and analysts alike was ‘stabilisation.’ April was seen as being a typically weak month for Macau’s casinos with performance better than expected by many…
China – SJM profits slashed by 81 per cent as Macau gloom continues
SJM Holdings, the operator that held a monopoly for casinos in Macau for 40 years, has lost more than just market share in the third quarter, reporting a fall in profit of over 80 per cent. Gaming revenue for the three months ending September 30 fell by 38 per cent to HKD 11.2b (US $1.45bn),…
China – SJM’s half year falls by 40 per cent
Macau operator SJM Holdings has been hit hard by the slump in the money-making market with Gross Gaming revenue falling by 40.3 per cent for the first six months of the year ending June 30, to HK$26.3bn ($3.3bn). As expected VIP revenue was hit hardest with a decrease in GGR of 48.7 per cent to…
China – SJM’s first quarter profit almost halved
Macau’s one time sole license holder SJM Holdings saw its first quarter profit plunge by 46.5 per cent, to HKD1,004m (US$129m) with GGR falling a 37.3 per cent. Dr. Ambrose So, Chief Executive Officer of SJM Holdings Limited, said: “Challenges in the economic environment for Macau gaming persisted in the first quarter of 2015. With…
Coreea de Sud – SJM legat de managementul Paradise City
Ziarele din Seul afirmă că SJM Holdings din Macao i s-a oferit șansa de a gestiona în comun viitorul cazinou de la Aeroportul Internațional Incheon de către proprietarii și dezvoltatorii săi; Paradise și Sammy Holdings. Niciuna dintre părțile implicate nu a comentat până acum linkul. Dacă s-ar concretiza, ar marca...
China – September sees Galaxy take biggest share of Macau market
Galaxy Entertainment has taken first place in terms of market share in Macau, overtaking Sands China who accounted for 21.8 per cent of Macau’s GGR in September and SJM, who held 20.9 per cent. Galaxy, founded by Lui Che Woo, seized 22.9 per cent of Macau’s gaming market. Grant Govertsen, an analyst with Union Gaming…
