SJM records us$ 12 M profit in Q3, GGR market share expands
Wednesday 13 de November 2024 / 12:00
2 minutos de lectura
(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
Record-Breaking iGB Affiliate Opened in Barcelona With Largest Edition to Date
(Barcelona).- On January 20, iGB Affiliate launched its record-breaking edition at Fira Gran Via Barcelona, 20% larger than last year and close to double the scale of 2022.
Wednesday 21 Jan 2026 / 12:00
ICE Barcelona 2026 Shines with Sports Icons, Innovation and Safer Play
(Barcelona, SoloAzar Exclusive).- The international gaming show ICE Barcelona experienced another intense day yesterday with legendary figures, key conferences, and spaces dedicated to sustainability and player protection. Under the rain, the indoor corridors became the epicenter of meetings, giveaways, and debates that define the future of the industry.
Wednesday 21 Jan 2026 / 12:00
DGOJ joins ICE Barcelona 2026, the world’s leading gaming industry event
(Barcelona).- The Directorate General for the Regulation of Gambling (DGOJ) is participating this week as a speaker at ICE Barcelona 2026, the largest international event in the gaming industry, held from January 18 to 21 at Fira Barcelona Gran Vía.
Tuesday 20 Jan 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.