Satellite venue Casino Legend Palace (pictured), located at Macau Fisherman’s Wharf, on Macau peninsula, will stop operating at 11.59pm on Wednesday (November 12), said licence holder SJM Resorts Ltd in a Friday press release.
The move was also confirmed in a Friday filing to the Hong Kong Stock Exchange by Macau Legend Development Ltd, the firm that runs the operations at the satellite casino.
“All gaming tables and gaming machines currently operating at the location will be redeployed to other casinos of the company to continue serving our valued customers,” noted SJM Resorts, a unit of Hong Kong-listed SJM Holdings Ltd.
The casino group stated: “Customers holding chips, deposits, or cash rebates accumulated at Casino Legend Palace that remain unredeemed after its closure may visit other casinos operated by SJM Resorts from 13 November 2025 onwards for follow-up arrangements.”
SJM Resorts also said it would “ensure that all customer entitlements are duly honoured.”
All locals working at the venue directly for SJM Resorts “will remain employed and be reassigned to other casinos of the company to undertake gaming-related roles according to operational needs,” observed the casino firm.
It added that local workers at the property that were “not employed by SJM Resorts will be invited to apply for related vacancies within the group with priority in hiring under equal circumstances, and will be provided with the necessary support, depending on the actual situation, to facilitate a smooth transition”.
In its own Friday announcement, Macau Legend explained that it had signed with the SJM group an “early termination of the service agreement” that has permitted it to run operations at Casino Legend Palace.
Macau Legend said it would “implement appropriate measures to facilitate the orderly closure of operations” at the property.
In September, Macau Legend posted a net loss of nearly HKD1.42 billion (US$182.3 million). That was mainly due to an impairment loss of just over HKD1.27 billion related to its satellite gaming operation.
The closure of Casino Legend Palace will leave six satellites remaining in Macau, all of them under SJM Resorts licensing.
They are: Casino Landmark, Casino Kam Pek Paradise, Casino Casa Real, Casino Fortuna, Casino Ponte 16, and Casino Le Royal Arc (also known as Casino L’Arc Macau).
Of those, SJM Resorts has said it will take the gaming operation at the Ponte 16 resort near the Inner Harbour, and at L’Arc Macau in the NAPE district downtown, into its core business.
The balance of four satellites will need to shutter gaming operations by year-end.
SJM Holdings has said that it will seek to use to its advantage, the regulatory changes in the Macau satellite casino sector – and its decision to redeploy satellite-venue tables to its downtown Grand Lisboa property and to an upgraded and expanded Casino Lisboa next door – to “consolidate a leadership position on the peninsula” of the city.
