SJM records us$ 12 M profit in Q3, GGR market share expands
Wednesday 13 de November 2024 / 12:00
⏱ 1 min read
(Macau).- Gaming operator SJM Resorts announced on Tuesday that it posted a profit of HKD101 million(us$ 12 million) in the third quarter of 2024, marking a significant turnaround compared to a loss of HKD 410 million (us$ 52 million) in the same period last year.
Gaming operator SJM Resorts announced on Tuesday that it posted a profit of HKD101 million in the third quarter of 2024, marking a significant turnaround compared to a loss of HKD410 million in the same period last year.
Adjusted EBITDA rose by 83.2 per cent year-on-year to HKD1.04 billion, according to the same filing to the Hong Kong Stock Exchange.
The improved performance was also reflected in the expansion of the company’s gross gaming revenue market share, which rose to 13.9 per cent from 12.1 per cent in the July-to-September period of 2023. The company attributed this growth to the strong performance of Grand Lisboa Palace Macau (GLP), whose market share increased to 2.6 per cent from 1.7 per cent last year.
Daisy Ho, Chairman of SJM Holdings Limited and Managing Director of SJM Resorts, S.A., expressed satisfaction with “the unfolding potential of the Grand Lisboa Palace Resort, as its ramp-up underscores the Group’s strong recovery from challenging times to renewed growth.”
Ms Ho added, “In the coming quarters, SJM will launch a series of key visitation drivers to strategically enhance our offering, including a diversified range of dining options, increased MICE capacity at Grand Lisboa Palace, and a 10 per cent expansion in hotel capacity at Grand Lisboa.”
Categoría:Gaming
Tags: Sin tags
País: Macao
Región: Asia
Event
SBC Summit Americas 2026
09 de June 2026
Habanero reflects on the key takeaways from SBC Summit Americas
(Fort Lauderdale, Florida).- Milda Mikelioniene, Habanero’s Business Development Executive reflects on the key takeaways from SBC Summit Americas, explains why Peru is emerging as one of the region’s most promising markets, and outlines how the supplier’s long-standing presence in Latin America continues to shape its growth strategy.
Wednesday 17 Jun 2026 / 12:00
Konami Highlights Key iGaming Innovations at SBC Summit Americas 2026
(Fort Lauderdale, SoloAzar Exclusive).- In Q&A with SoloAzar, Eduardo Aching, VP, iGaming & International Gaming Operations, Konami Gaming, talked about its participation at SBC Summit Americas 2026, where the firm showcased its expanding online slot portfolio and emphasized new partnerships with iGaming operators, while spotlighting AI innovation and upcoming global launches.
Wednesday 17 Jun 2026 / 12:00
SBC Summit Americas 2026: Celebration Meets the World’s Biggest Stage
(Fort Lauderdale, SoloAzar Exclusive).- The Broward County Convention Center was buzzing this week as the SBC Summit Americas 2026 unfolded across 22,000 square meters of expo space. With six conference stages, a food festival, and more than 300 exhibitors, the summit, which ended yesterday, delivered a vibrant showcase of innovation and collaboration. The energy was palpable—until the world’s attention shifted to another global spectacle: the opening match of the FIFA World Cup.
Friday 12 Jun 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
