• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Jai Alai to help boost gaming business: SJM CEO

Nov 17, 2016 Newsdesk Latest News, Macau, Top of the deck  


Jai Alai to help boost gaming business: SJM CEO

The chief executive of Macau casino operator SJM Holdings Ltd, Ambrose So Shu Fai (pictured), said the firm has seen a recent uptick in its satellite casino business. Mr So said on Tuesday that the firm expects the soon to reopen Jai Alai complex to create a “synergy effect” with the adjacent casino venues and help grow the company’s gaming business.

SJM Holdings’ satellite casino business has improved as a result of a higher number of visitors to Macau, said Mr So as quoted by Hong Kong’s Chinese-language newspaper Ming Pao.

SJM Holdings had a total of 14 satellite casinos – or known as third-party promoted casinos – at the end of the third quarter of this year, the firm said in its unaudited financial results for the period. Most of its satellite casinos are located on Macau peninsula.

Mr So was also quoted as saying that the Jai Alai complex will create a “synergy effect” with the adjacent SJM Holdings’ property Oceanus, as well as Legend Palace. The later project is a casino hotel promoted by Hong Kong-listed casino services firm Macau Legend Development Ltd. Legend Palace, located at Macau Fisherman’s Wharf, is scheduled to open by year-end.

The SJM Holdings CEO confirmed on Tuesday that the mass gaming-focused Jai Alai complex – near Macau’s main ferry terminal on the city’s peninsula – is expected to reopen early next year.

Angela Leong On Kei, an executive director of SJM Holdings, had mentioned to reporters earlier this month that the Jai Alai complex will have “about 30 to 40” mass gaming tables when it reopens. But Ms Leong did not specify which part of SJM Holdings’ gaming business would supply the gaming tables for Jai Alai.


  • tweet
Related articles
  • 1Q results encouraging, non-gaming to boost traffic: SJM boss
    1Q results encouraging, non-gaming to...

    May 23, 2023  

  • SJM 1Q loss US$111mln, adjusted EBITDA turns positive
    SJM 1Q loss US$111mln, adjusted EBITDA...

    May 15, 2023  

More news
  • iGaming growing in Asia, ops tackling challenges: Uplatform
    iGaming growing in Asia, ops tackling...

    May 31, 2023  

  • Thailand still a watch and wait: LVS chairman
    Thailand still a watch and wait: LVS...

    May 31, 2023  


Latest News

iGaming growing in Asia, ops tackling challenges: Uplatform

iGaming growing in Asia, ops tackling challenges: Uplatform

May 31, 2023  

The iGaming segment in Asia “has grown rapidly” since the onset of the Covid-19 pandemic in early 2020, says Rakhi Jaimini (pictured), sales manager at sports betting and online casino operating...
Read More
Thailand still a watch and wait: LVS chairman

Thailand still a watch and wait: LVS chairman

May 31, 2023  

Bloomberry new court win in Bangladesh Bank heist case

Bloomberry new court win in Bangladesh Bank heist case

May 31, 2023  

‘See before you play’ slot marketing tool, say tech suppliers

‘See before you play’ slot marketing tool, say tech...

May 31, 2023  

Macau stocks tied to China outlook: Bloomberg analyst

Macau stocks tied to China outlook: Bloomberg analyst

May 31, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”[Macau casino] operators may want to remain prudent in not appearing to reward shareholders too early”

DS Kim

Head of Asia gaming and leisure research at JP Morgan Securities (Asia Pacific)



Most Popular

  • Dividend restart still far for Macau ops: JP MorganDividend restart still far for Macau ops: JP Morgan May 30, 2023
  • We’ll be in Singapore for many years: LVS chairmanWe’ll be in Singapore for many years: LVS chairman May 30, 2023
  • Cotai Expo hotel extra to licence capex, says GoldsteinCotai Expo hotel extra to licence capex, says Goldstein May 29, 2023

Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us