Emperor Entertainment Hotel Limited, operator of Macau’s Grand Emperor Hotel, saw the share of revenue contributed to the group by its gaming segment increase to more than 60% in the year ended 31 March 2025 – just as the Macau government confirmed the cessation of all satellite casino activities by the end of the year.
According to the company’s financial results, gaming revenue grew by 10.1% to HK$505.6 million (US$64.4 million) in FY25, accounting for 60.4% of the group’s total revenue versus 58.2% in FY24. Emperor E did not comment on the looming end of its satellite operations at the end of this year other than to reiterate that it had been informed on 9 June by concessionaire SJM Resorts – under which it operates the casino at Grand Emperor – of the satellite decision.
Group-wide, Emperor E reported a 6.0% increase in total revenue to HK$837.0 million (US$107 million) in FY25, with revenue from hotels and leasing apartments remaining broadly stable at HK$331.4 million (US$42.2 million).
However, it recorded a net loss of HK$248.1 million (US$31.6 million) due to a fair value loss on investment properties amounting to HK$371.7 million (US$47.4 million). Emperor E recorded a net profit of HK$62.8 million (US$8.0 million) in FY24.
Aside from the company’s gaming operations, Emperor E runs two hotels in Macau – including at Grand Emperor – plus a number of hotels and leasing apartment blocks in Hong Kong.