BRIEF: SJM returns to the black on Macao gaming rebound
Casino operator SJM Holdings Ltd. (0880.HK) announced on Tuesday it returned to the black last year, ending four consecutive annual losses, as Macao’s gaming market rebounded with the end of…
BRIEF: MGM China’s growth slows in fourth quarter
Casino operator MGM China Holdings Ltd. (2282.HK) said on Thursday its revenue rose 4% to $1 billion in the fourth quarter from $983 million a year earlier, crediting improved casino…
INDUSTRY BRIEF: Macau’s gaming revenue falls for second consecutive month
Macau’s gross gaming revenue in January fell 5.6% year-on-year to 18.25 billion patacas ($2.24 billion), the Macau Gaming Inspection and Coordination Bureau announced on Monday, as the market loses momentum…
BRIEF: SJM to buy commercial building in Hengqin for $75 million
Casino operator SJM Holdings Ltd. (0880.HK) announced on Wednesday that it has agreed to buy a nine-story office building in Zhuhai’s Hengqin district from Shun Tak (0242.HK) for 546 million…
BRIEF: Galaxy Entertainment Chairman Lui Che Woo dies at 95
Galaxy Entertainment Group Ltd .(0027.HK), one of Macau’s leading casino operators, announced on Monday that its Chairman Lui Che Woo died last Thursday at the age of 95. Lui was…