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  1. Business - Companies - GAMING

    SJM raises mass-market gaming table numbers

    Posted Jun 01st 2013, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com SJM raises mass-market gaming table numbers SJM Holdings, Asia's biggest casino operator by revenue, is to increase the number of mass-market gaming tables at its casinos in Macau to boost its income, amid widespread expectation of slower growth in the high-rollers VIP gambler market. SJM's chief executive, Ambrose So Shu-fai, said ...

  2. News - China - MACAU

    Staff of Macau gambling empire SJM vow to walk out in battle for higher pay

    Posted Sep 07th 2014, 05:08am by Raquel Carvalho

    ... said. SJM Holdings did not respond to inquiries from the Post. Casino staff from six gambling operators in the city have taken to the streets in recent months over pay and conditions. About ... Raquel Carvalho raquel.carvalho@scmp.com Employees of Macau gambling giant SJM vow to walk out amid latest wave of labour unrest Casino staff threaten strike in their fight for pay rises ...

  3. Business - Companies - EARNINGS

    Casino revamps hold back profits at SJM

    Posted Nov 12th 2013, 03:30am by TIFFANY AP

    ... revamps hold back profits at SJM Macau casino operator SJM's third-quarter profit grew 10.3 per cent year on year to HK$1.82 billion, the company said yesterday, but the numbers were shy ... HK$2.04 billion, missing analysts' consensus forecast of HK$2.11 billion. CLSA analyst Richard Huang said a number of ongoing projects were making life more difficult for SJM. "They have ...

  4. Business - Companies - GAMING

    Macau Legend to roll the dice on Hong Kong IPO

    Posted Jan 04th 2013, 12:00am by RAY CHAN AND SOPHIE YU

    ... casinos on several premises through a so-called service agreement with SJM Holdings. "Under a service agreement, casino operators such as Macau Legend have to pay about 4 per cent of their revenue to gaming licence holder SJM," a person familiar with the deal said. Rosita Lao, a spokeswoman for Macau Legend, refused to comment. SJM, the pioneer casino operator in Macau founded ...

  5. Corrections & clarifications

    Posted Sep 16th 2008, 12:00am by Staff Reporter

    ... Yesterday's article headlined 'Third of Lisboa project may be residential units' wrongly attributed a HK$5 billion to HK$7 billion projected sales figure to an SJM Holdings executive. The estimate was based on appraisals by property analysts and did not come from the company. The error was introduced during the editing process. ...

  6. SJM Holdings wins nod for US$1b IPO

    Posted Jan 08th 2008, 12:00am by Staff Reporter

    ... Wong Ka-chun and Neil Gough Interest in offering may be blunted by increasing rivalry in Macau's gaming industry Casino operator SJM Holdings, partly owned by gaming tycoon Stanley Ho ... in net profit for last year to HK$1 billion from HK$2.4 billion in 2006. With some of the biggest names in the global gaming industry now represented in Macau, SJM needs to sell a fresh image ...

  7. SJM's net profit soars on high-stakes gambling

    Posted May 18th 2011, 12:00am

    ... Neil Gough neil.gough@scmp.com Macau casino operator SJM Holdings, controlled by the family of Stanley Ho Hung-sun, said net profit rose 85 per cent in the first three months of the year ... Turismo e Diversoes de Macau (STDM). That private holding company owns 55.7 per cent of SJM, and Ho's 31.66 per cent stake in STDM was split up among his families as part of the settlement. ...

  8. Business - Companies - CASINOS

    SJM gets boost from mass-market

    Posted Nov 16th 2012, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com SJM gets boost from mass-market Macau casino operator SJM posted a 41.2 per cent jump in net profit for the third quarter, even though its gaming revenue fell ... stages of obtaining the land concession and relevant permits," chief executive Ambrose So said. SJM, operator of casinos like the Grand Lisboa, last month secured a plot in Cotai, an area ...

  9. News - China - MACAU

    Stanley Ho's SJM pushes for more Macau people in top casino positions

    Posted Nov 19th 2013, 05:13am by Stuart Lau

    ... into high-paying management jobs. Sociedade de Jogos de Macau (SJM) Holdings, Macau's only home-grown casino corporation, said the people of the former Portuguese enclave had reached a point where ... maturing," she said. "They graduate from universities, study overseas and work in big investment banks." SJM Holdings, a monopoly until the casino industry was opened up in 2002, controls ...

  10. Business - Companies - GAMING

    SJM buys Macau land, triples size of planned casino resort in Cotai

    Posted Sep 10th 2013, 12:00am by BLOOM

    ... Bloomberg SJM to buy Macau land, boost casino size SJM Holdings, Asia's biggest casino operator, plans to invest in land that will triple the size of its planned casino resort ... Ambrose So Shu-fai said, without giving a price. SJM planned to finalise terms of the purchase by the end of this year, So added. SJM is expanding in the increasingly popular Cotai area to catch ...




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