Macau November revenue records 14.4% year-on-year growth
Casino revenue dips month-on-month in November.
Casino revenue dips month-on-month in November.
The DICJ will supervise the shutdown and ensure employee arrangements proceed smoothly.
Officials outline local-hire priorities and dynamic foreign labor adjustments for casino sector.
Macau regulator coordinates cross-department effort to ensure orderly cessation of operations.
The decisions are part of SJM Resorts' core business development strategy.
Macau's Gaming Inspection and Coordination Bureau (DICJ) has confirmed the closure of the slots venue in light of the satellite casino transition timetable.
Quarterly adjusted EBITDA up 28% quarter-on-quarter to HK$881m (US$113m) despite market headwinds.
The satellite casino is the latest to close as new legislation comes in regarding its operations.
Operating income was up 33.1% year-on-year, while net income was up from $12.7m to $62m.
Golden Week recovery and non-gaming initiatives drive city's best post-Covid-19-pandemic monthly performance.