Thursday, December 3, 2020

Tag: SJM Holdings

SJM looks for two year licence extension

ICR 189 ASIA SJM
The CEO of SJM Holdings, Ambrose So Shu Fai, has stated that the company plans to seek a two-year extension of its Macau gaming concession, while the firm is aiming for an H2 2019 opening for its new Cotai property, Grand Lisboa Palace. Ambrose So Shu Fai, CEO of Sociedade de Jogos de Macau (SJM) Holdings, has confirmed that the...

Macau gambling Stanley Ho to retire as SJM’s chairman

Stanley Ho
Macau gambling king Stanley Ho, one of Asia’s richest men, will retire as chairman of SJM Holdings at the forthcoming Annual General Meeting on 12 June. His retirement will take effect on June 12 at the end of SJM’s annual general meeting, after which he will take on the new title of “chairman emeritus,” the company said late Thursday. Daisy...

Trump trademarks fuel speculation regarding Macau casino bid

ICR - Trump Macau casino bid
A Delaware-registered company representing US president Donald Trump has applied for a casino trademark in Macau, raising the possibility that the Trump Organization could look to acquire a casino licence when the current concessions come up for renewal in 2020.   A Trump Organization company has applied for four new trademarks in Macau, including one for casinos, stoking speculation about the...

Macau Roosevelt Hotel to host satellite casino

ICR - Macau Roosevelt Hotel
The DICJ in Macau is currently debating an application by SJM Holdings to move its casino to the forthcoming Macau Roosevelt hotel.   Stanley Ho Hung Sun-owned SJM Holdings is looking to move its casino from the grandstands of the Macau Jockey Club horse track to the soon-to-open Macau Roosevelt hotel, also located on the grounds of the same complex, according...

Melco prepares for global proliferation, eases focus on casinos

Casino Review, Melco Crown, Lawrence Ho, macau, Zaha Hadid,Stanley Ho, SJM Holdings,
Melco Crown’s billionaire chairman and CEO, Lawrence Ho, has announced plans to build a hugely decadent $1bn “Hotel Morpheus” in Macau, the first in a new global chain of hotels.   Ho says he wants to build the futuristic high-rise building, designed by late architect Zaha Hadid, on Macau’s Cotai strip by early 2018, before expanding the brand to gaming zones...

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