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Tag-Archiv: SJM-Beteiligungen

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 slides further in second quarter

Sociedade de Jogos de Macau, the group that once held a monopoly over casinos in Macau, delivered worse than expected second quarter results with gaming revenue down by 20.7 per cent, Adjusted EBITDA down 27.8 per cent and profit attributable to owners of the company down 38.7 per cent. Dr. Ambrose So, Chief Executive Officer…

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 – SJMs Gewinn im ersten Quartal hat sich fast halbiert

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…

Südkorea – SJM mit dem Management von Paradise City verbunden

In Zeitungsberichten aus Seoul heißt es, dass der in Macau ansässigen SJM Holdings von ihren Eigentümern und Entwicklern die Möglichkeit geboten wurde, das zukünftige Casino am Incheon International Airport gemeinsam zu verwalten. Paradise und Sammy Holdings. Bisher hat sich keiner der Beteiligten zu dem Link geäußert. Wenn es zustande käme, wäre es ein Zeichen für …

China – Im September erobert Galaxy den größten Marktanteil in Macau

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…