06/04/21 Grand Lisboa Palace opening pushed back to Q3 SJM Holdings had hoped to open Grand Lisboa Palace in May or June, but the opening looks likely to be delayed to the third quarter of this year.
06/02/21 Grand Lisboa Palace moves closer to opening The Macao Government Tourism Office (MGTO) has reported that Grand Lisboa Palace is in the final stages of licensing.
05/21/21 SJM executive director acquires L’Arc Macau casino Angela Leong, SJM executive director, has acquired all of the remaining shares in L’Arc Entertainment, the company behind the L’Arc Macau casino.
05/13/21 Macau: SJM raises US$160m from new senior notes SJM Holdings has announced it has raised nearly HK$1.24bn (US$160m) and MOP298m (US$12.3m) after the issuance of senior notes due 2026.
05/06/21 Grand Lisboa Palace to open in June with 304 gaming tables According to analysts, SJM Holdings plans to open the Grand Lisboa Palace with 304 gaming tables and 1,034 slot games while the hotel will open with limited capacity.
03/30/21 SJM confirms Grand Lisboa Palace will open in first half of 2021 SJM Holdings’ co-chair and executive director has confirmed that Grand Lisboa Palace is close to launch.
02/24/21 SJM revenue down 77.8% in 2020 The Macau casino operator reported a net loss of nearly HKD3.03bn (US$390.2m) for the year ending December 31.
01/22/21 SJM sells US$1bn in notes to cancel Grand Lisboa loans The Macau operator has entered two agreements to sell senior notes and cancel facilities obtained for the construction of Grand Lisboa Palace.
01/19/21 Grand Lisboa Palace to see EBITDA of US$451m by 2023 Fitch Ratings has made the forecast in a report on casino operator SJM Holdings.
01/07/21 Association urges Macau CE to support casino employees The Macau Civil Servants Association asked the authorities to encourage gaming operators to give rewards to employees amid the pandemic.
01/05/21 SJM Holdings: Toh Hup Hock named CFO SJM Holdings has announced the exit of its current CFO, Robert Earle McBain, to be replaced by its chief operating officer.
01/04/21 SJM to maintain bonus for employees The casino company has announced it will continue providing the annual “living subsidy” despite the Covid-19 pandemic.
10/08/20 SJM’s Lisboeta could be delayed until 2021 The opening of the Lisboeta hotel resort could be postponed until next year due to the impact of the pandemic.
