• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 19 September 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

McFadden cites “mandate for change” in new SJM role

Ben Blaschke by Ben Blaschke
Fri 12 Jun 2020 at 06:06
McFadden cites “mandate for change” in new SJM role

Grand Lisboa Palace in Cotai

89
SHARES
2k
VIEWS
Print Friendly, PDF & Email

The newly appointed Chief Operating Officer of SJM Holdings, Frank McFadden, says his mandate at the company is to implement change.

Speaking exclusively to Inside Asian Gaming after it was confirmed on Wednesday that he would fill the role previously held by Louis Ng, who stepped down earlier in the week, McFadden outlined the qualities and ambition he will bring to the role, specifically, “Unparalleled industry experience, reputation, integrity and complete objectivity.”

Explaining that he took the role out of a “sense of duty,” following recent talk that he may in fact have been considering retirement, McFadden also acknowledged he was accepting significant responsibility at a time of “great transition for SJM.”

SJM has seen its share of Macau GGR fall from 21.7% just five years ago to a new low of just 13.3% in the most recent quarter, while the company also finds itself facing boardroom uncertainty following a January 2019 power play by Pansy Ho, daughter of company founder Dr Stanley Ho, that saw her take command of a controlling interest in parent company STDM.

“We will be in market recovery mode post COVID-19,” McFadden explained.

“We will be opening our first Cotai project, Grand Lisboa Palace, and we will be engaged in the process of license renewal. These are the three exciting challenges we face.

“My mandate is for change. This will be a positive for SJM.

“As Confucius said, ‘When the wind of change blows, some people build walls, others build windmills.’ I am pro windmills.”

McFadden revealed his role as COO will also see him join, as an advisor, the committee of executive directors overseeing the development and operations of Grand Lisboa Palace.

“The culture of SJM is one of consensual decision making,” he said. “I endorse this, it adds rigor to thinking and decision making.”

Asked for his thoughts on the passing of Dr Stanley Ho, the man who first lured McFadden from Sands Macao to Grand Lisboa in 2006, he replied, “I remember his great sense of humor. He loved my irreverence.

“When I joined the company he said, ‘Frank, do you know I am 1/16 Irish?’ I answered, ‘Stanley, everyone is 1/16 Irish.’

“I can hear his laughter, even now.”

RelatedPosts

Macau GGR hits MOP$19.8 billion in August, up 6% month-on-month

Government figures indicate Macau’s gaming industry recorded US$17.9 billion surplus in 2024

Wed 17 Sep 2025 at 18:04
Melco’s Tokyo office raided by Public Prosecutor as Akimoto scandal deepens

Melco prices new notes offering at US$500 million

Wed 17 Sep 2025 at 06:16
The changing face of Macau

Melco to launch private hospital at Macau’s Studio City as part of 10-year non-gaming concession commitment

Wed 17 Sep 2025 at 05:06
Police arrest 100 people after detecting 62 cases of illegal money exchange in joint Macau operation

Police arrest 100 people after detecting 62 cases of illegal money exchange in joint Macau operation

Mon 15 Sep 2025 at 22:58
Load More
Tags: Dr Stanley HoFrank McFaddenGrand LisboaGrand Lisboa PalaceMacauSJM Holdings
Share41Share6
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Evolution Asia
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
NWR

Related Posts

ARIA executive Ayesha Molino to replace Corey Sanders as MGM Resorts COO

ARIA executive Ayesha Molino to replace Corey Sanders as MGM Resorts COO

by Newsdesk
Fri 19 Sep 2025 at 06:06

MGM Resorts International has appointed ARIA COO Ayesha Molino as its new Chief Operating Officer effective 1 January 2026, replacing the outgoing Corey Sanders. Gary Fritz, currently President of MGM Resorts International Interactive, will take on the role of Chief...

Philippines casino GGR up 630% quarter-on-quarter in 3Q20

Philippines remote gaming industry heading towards period of heavy consolidation

by Ben Blaschke
Fri 19 Sep 2025 at 01:26

The recent surge in Philippine online gaming licensees is likely to enter a period of contraction in the near future, with barely a third of those currently operational generating sufficient revenue to justify their existence. Tonet Quiogue, Partner and Head...

1xBet and Paris Saint-Germain extend partnership for three more seasons

1xBet and Paris Saint-Germain extend partnership for three more seasons

by Newsdesk
Thu 18 Sep 2025 at 22:18

Global betting company 1xBet has extended its partnership with Champions League champs Paris Saint-Germain, retaining its status as the club’s official partner for the next three seasons. The renewal was confirmed during the final day of the 2025 SBC Summit...

Industry lawyer: All hope not lost for Thailand’s deflated casino bill

Industry lawyer: All hope not lost for Thailand’s deflated casino bill

by Ben Blaschke
Thu 18 Sep 2025 at 20:04

Thailand’s controversial Entertainment Complex Bill may be dead in the water, but there remains some hope that it could yet be revived – possibly as soon as early 2026 – according to prominent industry lawyer Lau Kok Keng, Partner and...

Your browser does not support the video tag.


IAG

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

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

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

  • 中文
  • English