• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Saturday 12 July 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

Macau Legend CEO Melinda Chan says company to lay off 16% of staff but extend its contract with SJM to 31 December

Pierce Chan by Pierce Chan
Sun 12 Jun 2022 at 17:47
Macau Legend CEO Melinda Chan says company to lay off 16% of staff but extend its contract with SJM to 31 December
38
SHARES
948
VIEWS
Print Friendly, PDF & Email

Executive Director and Chief Executive Officer of Macau Legend, Melinda Chan Mei Yi, said the company has renewed its contract with SJM until December 31, but the company will make “moderate adjustments” by laying off “16% of its staff.”

Chan said, “We have a partnership with SJM and have extended our contract with them until 31 December.”

Regarding the period after 31 December, she said she would wait for the new gaming license to be granted to SJM before continuing discussions with SJM.

“The satellite casinos are very passive. The concessionaires can negotiate the terms with the government, but the satellite casinos can only negotiate the terms with the concessionaires, and we do not know what conditions will be offered by the concessionaires.”

As for layoffs at Macau Legend, Chan said that the company will hold discussions with its employees. “If they are willing to change departments, they can stay,” Chan said, “But if they are not willing to change jobs, the company will lay them off.

“Macau’s economic structure is undergoing a deep adjustment. The number of tourists coming to Macau has reduced, so the future development of Macau needs to change, and Macau Legend will make appropriate adjustments.”

Chan believes that it is reasonable for Macau Legend to reduce the number of staff given the decrease of tourists. While staff positions are planned to be reduced by 16% today Chan said, “Macau Legend’s business volume is down by more than 20%.”

RelatedPosts

Macau After Dark – MAD 30: Official Highlights Video

Macau After Dark – MAD 30: Official Highlights Video

Sat 12 Jul 2025 at 10:38
OPINION: Macau wants to recruit “foreign” customers? Great! Here are some ideas.

Air Macau suffers more losses, receives near US$300 million capital injection from shareholders

Sat 12 Jul 2025 at 10:36
Shareholder power play sees Tom Lau step down as director and Deputy Chairman of South Shore Holdings

MGTO says handover of THE 13 Hotel to new owner underway, renovation plans being reviewed

Sat 12 Jul 2025 at 10:15
Government report says online gambling poses far greater money laundering threat than Singapore’s land-based casinos

A deeper look at how Singapore introduced casino gaming: possible lessons for Thailand

Fri 11 Jul 2025 at 07:15
Load More
Tags: casinosMacauMacau LegendMelinda ChanSJM
Share15Share3
Pierce Chan

Pierce Chan

With more than five years’ experience working as a journalist in Macau, Pierce is an experienced media operator with strong skills in news writing and editing. He previously worked with Exmoo, first as a reporter covering government, gaming and tourism-related stories, then as a Deputy Assignment Editor helping set the agenda of the day. Pierce is a graduate of the University of Macau.

Current Issue

Editorial – An inconvenient truth

Editorial – An inconvenient truth

by Ben Blaschke
Fri 27 Jun 2025 at 15:21

It’s understandable that political observers, academics and members of the public in greenfield jurisdictions would express caution around the legalization...

Light & Wonder’s Siobhan Lane

Light & Wonder’s Siobhan Lane

by Ben Blaschke
Fri 27 Jun 2025 at 15:19

Siobhan Lane, Light & Wonder’s highly experienced CEO of Gaming, speaks to Inside Asian Gaming about the company’s ongoing transformation...

Honesty is the best policy

Honesty is the best policy

by Ben Blaschke
Fri 27 Jun 2025 at 14:13

The Thailand Entertainment Complex Roundtable brought industry stakeholders, politicians and supporters of the government’s Entertainment Complex Bill face to face...

Sri Lanka’s casino industry

Sri Lanka’s casino industry

by Shaun McCamley
Fri 27 Jun 2025 at 13:36

Industry veteran Shaun McCamley delves into the complex history of Sri Lanka’s casino industry at a time when the country...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

Macau After Dark – MAD 30: Official Highlights Video

Macau After Dark – MAD 30: Official Highlights Video

by Newsdesk
Sat 12 Jul 2025 at 10:38

Leading gaming industry media brand Inside Asian Gaming held its latest edition of Macau After Dark, MAD 30, at Vasco – Bar & Lounge at Artyzen Grand Lapa Macau on Monday 7 July. The event saw leading representatives of the...

OPINION: Macau wants to recruit “foreign” customers? Great! Here are some ideas.

Air Macau suffers more losses, receives near US$300 million capital injection from shareholders

by Pierce Chan
Sat 12 Jul 2025 at 10:36

Air Macau, currently the only airline with an operating license in Macau, is facing continuing losses and recently announced that it has received a capital injection of approximately MOP$2.4 billion (US$297 million) from its shareholders. This is the second capital...

Shareholder power play sees Tom Lau step down as director and Deputy Chairman of South Shore Holdings

MGTO says handover of THE 13 Hotel to new owner underway, renovation plans being reviewed

by Pierce Chan
Sat 12 Jul 2025 at 10:15

The Macao Government Tourism Office is currently reviewing plans for a comprehensive makeover of THE 13 Hotel as the property’s new owner prepares to take control. As reported by IAG, THE 13 was sold last month to family members of...

Casino Filipino venues to receive first delivery of almost 2,000 new slot machines by mid-September

PAGCOR orders immediate remove of all billboards, other out-of-home advertising by online gaming operators

by Ben Blaschke
Fri 11 Jul 2025 at 11:18

Philippine gaming regulator PAGCOR has issued an order for online gaming operators to immediately remove out door billboards and other gambling-related out-of-home (OOH) advertisements. The order, issued on 7 July according to a PAGCOR announcement, covers “all licensees, suppliers and...



IAG

© 2005-2024
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

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English