Monday 1 December 2025

IAG

No Result

View All Result

No Result

View All Result

IAG

No Result

View All Result

Emperor E Hotel signs two-year extension with SJM to run Macau’s Grand Emperor casino and hotel

by Newsdesk

Thu 14 May 2020 at 05:23

Emperor Group to target Macau’s premium mass market after 2019 revenue decline

Grand Emperor Hotel

33

SHARES

741

VIEWS

Emperor Entertainment Hotel Ltd has signed an extension to its agreement with Macau gaming concession holder Sociedade de Jogos de Macau, S.A, a subsidiary of SJM Holdings, to continue providing management services at Grand Emperor Hotel, located on the Macau Peninsula.

The “1st Addendum” to the previous 10-year agreement signed in April 2010 will see Emperor E Hotel and its wholly-owned subsidiary Tin Hou continue providing services at Grand Emperor until 26 June 2022 – the date upon which SJM’s gaming concession expires.

Under the terms of the 1st Addendum, Emperor E will be entitled to a share of gross win and gross loss from casino operations, capped at HK$800 million for the 2021 financial year, HK$1.2 billion in 2022 and HK$300 million in 2023. Emperor E Hotel’s financial year runs until 31 March.

Grand Emperor is one of 16 so-called “satellite” casinos running under license of SJM but managed by third parties.

RelatedPosts

Macau GGR up 14.4% year-on-year to MOP$21.1 billion in November

Macau GGR up 14.4% year-on-year to MOP$21.1 billion in November

Mon 1 Dec 2025 at 12:48

Death by a thousand cuts

Kazakhstan couple arrested for using phone and earpieces to cheat Crown Sydney casino out of almost AU$1.2 million

Sun 30 Nov 2025 at 19:14

Macau satellite casino Ponte 16 officially closes with hundreds of locals gathering to witness the event

Macau satellite casino Ponte 16 officially closes with hundreds of locals gathering to witness the event

Sun 30 Nov 2025 at 16:57

Macau’s hotel occupancy rate reaches 89% in July

Macau hotel occupancy rate rises to 89.3% in October

Sun 30 Nov 2025 at 15:52

Load More

Tags: casino Emperor E Hotel Grand Emperor Hotel Macau satellite casino SJM Holdings Sociedade de Jogos de Macau

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Cause and effect

Editorial – Cause and effect

by Ben Blaschke

Fri 28 Nov 2025 at 00:40

Since news broke recently of a sports betting scandal involving certain NBA players and coaching staff sharing inside information with...

Lap of luxury

Lap of luxury

by Ben Blaschke

Fri 28 Nov 2025 at 00:23

Set to open its first phase in February, the eco-luxury golf and lifestyle estate Hann Reserve not only promises to...

Staying connected

Staying connected

by Ben Blaschke

Fri 28 Nov 2025 at 00:09

With a senate hearing into the Philippines’ booming eGames, or domestic online gaming, industry already proving successful in having stricter...

Party at the Palace

Party at the Palace

by Ben Blaschke

Thu 27 Nov 2025 at 18:47

A who’s who of the Asian gaming industry gathered at SJM’s Grand Lisboa Palace Resort Macau on 7 November as...

Evolution Asia

Aristocrat banner

GLI

Mindslot

Solaire

Tecnet

NWR

Related Posts

Tecnet installs MyACP Casino Management System at Sri Lanka’s Bally’s Casino

Tecnet installs MyACP Casino Management System at Sri Lanka’s Bally’s Casino

Mon 1 Dec 2025 at 17:28

CLIENT PROMOTION Tecnet Asia has further strengthened its long-standing partnership with Bally’s Casino via the successful installation of the MyACP Casino Management System (CMS). The company explained that the installation is especially meaningful as Bally’s celebrates its 30th year in...

Star Entertainment Group falls to AU$95 million loss in FY20 but domestic gaming showing signs of recovery

Star implements sweeping board changes following Bally’s rescue deal

by Ben Blaschke

Mon 1 Dec 2025 at 12:59

Australia’s Star Entertainment Group has completed a boardroom makeover, with Bally’s Corp Chairman Soo Kim and President George Papanier appointed while former Star chair Anne Ward and non-executive director Deborah Page have both stepped down as directors. The changes were...

Macau GGR up 14.4% year-on-year to MOP$21.1 billion in November

Macau GGR up 14.4% year-on-year to MOP$21.1 billion in November

by Ben Blaschke

Mon 1 Dec 2025 at 12:48

Macau’s gaming regulator, the Gaming Inspection and Coordination Bureau (DICJ), reported industry-wide gross gaming revenue of MOP$21.09 billion (US$2.63 billion) in November, representing a 14.4% increase compared to the same month last year. The figure was 12.4% lower than October’s...

NSW industry body calls for regulatory overhaul to help clubs quash money laundering concerns

NSW government to remove exemptions, standardize six-hour window for pubs and clubs to switch off gaming machines each day

by Ben Blaschke

Mon 1 Dec 2025 at 08:54

The NSW government will as of 31 March 2026 impose a standard six-hour window between 4am and 10am during which time all pubs and clubs across the state will be required to switch off their gaming machines. Although the industry...

No Result

View All Result

© 2005-2025
Inside Asian Gaming.
All rights reserved.