JP Morgan: Peninsula satellite casino L’Arc could generate additional US$45 million in EBITDA for SJM annually following acqui

JP Morgan: Peninsula satellite casino L’Arc could generate additional US$45 million in EBITDA for SJM annually following acquisition

21/11/2025

The acquisition by Macau concessionaire SJM Resorts, S.A. of peninsula hotel and casino L’Arc – one of the satellite casinos ...

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

Macau government forecasts Macau GGR to reach MOP$236 billion in 2026

by Pierce Chan

21/11/2025

In its latest budget proposal, the Macao SAR Government has projected gross gaming revenue to reach MOP$236 billion (US$29.5 billion) ...

SJM’s Angela Leong acquires full ownership of L’Arc Macau

SJM confirms deal to acquire Macau satellite casino L’Arc, opts not to proceed with Ponte 16

by Ben Blaschke

20/11/2025

Macau concessionaire SJM has confirmed it will acquire satellite casino L’Arc and its associated facilities as part of a HK$1.75 ...

Melco slot club Mocha Grand Dragon Hotel to close next Monday

by Pierce Chan

19/11/2025

Melco Resorts & Entertainment subsidiary Melco Resorts (Macau) Limited announced today that Mocha Grand Dragon Hotel will officially cease operations ...

Macau Chief Executive’s Policy Address outlines plan to review concessionaire investment spending, increase focus on regional tourism offices

by Pierce Chan

18/11/2025

Macau’s Chief Executive Sam Hou Fai delivered his 2026 Policy Address on Tuesday, revealing that the government will review the ...

Tag: Macau