• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Thursday 11 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

Emperor E to receive more from SJM under revised annual caps for management of Macau’s Grand Emperor Hotel

Ben Blaschke by Ben Blaschke
Fri 26 Jan 2024 at 05:32

Grand Emperor Hotel

11
SHARES
284
VIEWS
Print Friendly, PDF & Email

Emperor Entertainment Hotel Ltd, the operator of Macau’s Grand Emperor Hotel and its associated casino, has signed an agreement with concessionaire SJM Resorts revising the maximum amount it can be paid under Annual Caps for services rendered in 2024 and 2025.

The revised agreement follows the faster than expected recovery of Macau’s gaming and leisure market throughout 2023, which Emperor E said made itn likely the service fee receivable from SJM would be higher than originally estimated and may exceed the existing Annual Caps.

“The boards of directors of the Companies considered that the ongoing business arrangements between the Emperor E Hotel Group and SJM and the increase of the Annual Caps provide the Emperor E Hotel Group with the flexibility to receive the service fee income from SJM, in order to increase its revenue,” the company explained.

Under the revised caps, the maximum amount payable by SJM to Emperor E for the financial year ended 31 March 2024 has been increased from HK$400 million to HK$600 million (US$51 million to US$77 million), and for the year ended 31 March 2025 from HK$600 million to HK$1 billion (US$77 million to US$128 million).

For the three-month period ending 31 December 2025, the cap has been revised from HK$700 million to HK$900 million (US$90 million to US$115 million).

Grand Emperor Hotel is operated under a satellite casino agreement by Emperor E subsidiary Tin Hou Ltd.

RelatedPosts

MGTO now expecting new record daily average for visitor arrivals during current National Day Golden Week holidays

Citi: Macau GGR likely to exceed MOP$1 billion per day during October Golden Week, strong events calendar may provide lengthy tail

Wed 10 Sep 2025 at 14:34
IAG Spot Count: Macau satellite and 2nd tier casinos keep chugging along

Macau GGR showing signs of seasonal slowdown in September

Mon 8 Sep 2025 at 21:36
Citi: MGM China offering players mini Labubu toys, chance to win a Rolex in latest competitive promotional push

Citi: MGM China offering players mini Labubu toys, chance to win a Rolex in latest competitive promotional push

Mon 8 Sep 2025 at 11:48
MGM Cotai

Bill Hornbuckle: Macau promotional environment now locked in place despite rapid return of VIPs

Fri 5 Sep 2025 at 06:45
Load More
Tags: Annual CapcasinoEmperor E HotelGrand Emperor HotelMacauSJM Resorts
Share4Share1
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

As online gaming surges, Newport CEO Rodriguez says IRs must remain central to the Philippines’ tourism ambitions

As online gaming surges, Newport CEO Rodriguez says IRs must remain central to the Philippines’ tourism ambitions

by Ben Blaschke
Thu 11 Sep 2025 at 05:26

The Philippines must not let the recent surge in online gaming revenues diminish the vital role that the country’s integrated resorts play if it is to meet its tourism ambitions, according to Newport World Resorts (NWR) President and CEO Nilo...

VIDEO: IAG chats with StarDream Cruises President Michael G. Johansen

VIDEO: IAG chats with StarDream Cruises President Michael G. Johansen

by Newsdesk
Wed 10 Sep 2025 at 22:22

Michael G. Johansen, President – Gaming Division of Genting’s StarDream Cruises, offers insights into the company’s cruise operations and how it approaches the customer experience.

MGTO now expecting new record daily average for visitor arrivals during current National Day Golden Week holidays

Citi: Macau GGR likely to exceed MOP$1 billion per day during October Golden Week, strong events calendar may provide lengthy tail

by Ben Blaschke
Wed 10 Sep 2025 at 14:34

Macau’s casino operators are tipped to average daily gaming revenues of MOP$1.05 billion (US$131 million) during the upcoming eight-day October Golden Week holiday, but strength could also be maintained well beyond Golden Week thanks to the city’s impressive events calendar,...

Galaxy Macau named Asia’s Best Integrated Resort at 2025 IAG Academy IR Awards

Galaxy Macau named Asia’s Best Integrated Resort at 2025 IAG Academy IR Awards

by Newsdesk
Wed 10 Sep 2025 at 10:36

Galaxy Macau has defended its title as Best Integrated Resort in Asia at the IAG Academy IR Awards on Tuesday night. The winners of the 23 award categories were announced at a lavish Gala Dinner held in the Manila Ballroom at Manila...

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