Macau casino licensee SJM Resorts Ltd said on Wednesday that Casino Kam Pek Paradise (pictured), a satellite operation relying on its gaming permit, will “cease operations at 23:59 on Monday, 1 December 2025”.
Casino Kam Pek Paradise is run by Hong Kong-listed Paradise Entertainment Ltd, under the licence of SJM Resorts. The latter is a unit of SJM Holdings Ltd.
SJM Resorts said in Wednesday’s press release: “All gaming tables and gaming machines currently operating at the location will be redeployed to other self-promoted casinos of the company to continue serving our valued customers.”
The company stated that customers holding chips, deposits, or cash rebates accumulated at Casino Kam Pek Paradise that remain unredeemed after its closure “may visit other self-promoted casinos operated by SJM Resorts from 2 December 2025 onwards for follow-up arrangements”.
“The company will ensure that all customer entitlements are duly honoured,” it noted.
The firm added: “All local employees employed by SJM Resorts will remain employed and be reassigned to other casinos of the company to undertake gaming-related roles according to operational needs.”
Locals who are not employed by SJM Resorts itself at the Casino Kam Pek Paradise, “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,” said the casino group.
In a Wednesday announcement, Macau’s casino regulator – the Gaming Inspection and Coordination Bureau – said that it would maintain “close communication” with the city’s Labour Affairs Bureau regarding SJM Resorts’ pledged relocation of the “584 workers” that it directly employs at Casino Kam Pek Paradise.
Revenue from Paradise Entertainment’s casino operations at the Kam Pek property, next door to Hotel Lisboa in downtown Macau, stood at HKD382.6 million (US$49.1 million) in the first half this year, up 7.3 percent from a year ago, the company said in its first-half results in August.
In a Thursday filing to the Hong Kong bourse, Paradise Entertainment said it “remains committed to its strategic focus on the development, sale and leasing of electronic gamingequipment and systems in both Macau and overseas markets, where it has been progressively expanding”.
Revenue in the company’s electronic gaming equipment and systems segment – under the LT Game brand – grew by 83.7 percent year-on-year, to HKD125.3 million in the first six months of 2025.
“The board believes that this segment holds significant growth potential for the group in future,” the firm stated.
“The group continues to enhance its product offerings and seek partnerships that will further strengthen its position in the gaming industry,” said Paradise Entertainment.
The company also said it was “dedicated to exploring alternative business opportunities to diversify its operations and mitigate risks”.
Under regulatory changes parallel to the city’s new gaming concessions that started in January 2023, the legacy arrangements for satellite business will not be possible from the end of this year.
A June press release from SJM Holdings had mentioned nine SJM-licensed satellites as of that date. Since then, a raft of closures has been announced, and some have already been effected. GGRAsia reported on Monday that SJM-licensed Casino Ponte 16 is set to stop operating on November 28, and Casino Fortuna is due to shut down on December 10.
Only one SJM group satellite, Casino L’Arc, will be absorbed into core operations. It was announced last week that SJM Resorts’ Hong Kong-listed parent, SJM Holdings Ltd, has agreed to pay HKD1.75 billion to acquire L’Arc Hotel, the home of that casino.
(Updated at 8.43am, Nov 27)
