{"id":34517,"date":"2022-10-18T07:11:02","date_gmt":"2022-10-18T10:11:02","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=34517"},"modified":"2026-04-23T03:52:08","modified_gmt":"2026-04-23T06:52:08","slug":"sjm-resorts-supports-macau-demands-for-non-gaming-investment","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/sjm-resorts-supports-macau-demands-for-non-gaming-investment","title":{"rendered":"SJM Resorts supports Macau demands for non-gaming investment"},"content":{"rendered":"\n

Angela Leong On Kei, co-chairman and executive director of SJM, said the casino operator will fully support the country’s requirement to develop non-gaming projects.<\/p>\n\n\n\n\n\n\n\n

Macau.- Angela Leong On Kei<\/strong>, co-chairman and executive director of SJM Holdings, has said that the company is committed to fulfilling the Macau government’s demand for more investment in non-gaming projects<\/a> from casino operators. <\/p>\n\n\n\n

Speaking at company event, Leong On Kei said the company supports the city government\u2019s aims to increase non<\/strong>–gaming in Macau\u2019s tourism sector<\/strong>. She said that the gaming sector is going through reform after 20 years of development. <\/p>\n\n\n\n

According to the commission overseeing the gaming concession tender, bidders were required to describe their plans for promotional and marketing activities to raise awareness of Macau among international customers. <\/p>\n\n\n\n

They were also requested to submit plans for film festivals, cultural performances and carnivals<\/strong> while strengthening relationships with local small and medium enterprises (SMEs). In September, Macau reiterated its aim to have the results of the retender ready in time to issue new licences by the end of the year<\/strong>.<\/p>\n\n\n\n

SJM Resorts, S.A.<\/a> has recently appointed Daisy Ho Chiu Fung<\/strong> as managing director. She is now responsible for all formal business dealings and contacts with the Macau SAR Government, as well as with company subsidiaries and other entities. <\/p>\n\n\n\n

Ho is also responsible for overseeing the day-to-day operations of the company <\/strong>and corporate matters including the formulation of policies, objectives, investment plans and compliance with legal and regulatory obligations.<\/p>\n","protected":false},"excerpt":{"rendered":"

Angela Leong On Kei, co-chairman and executive director of SJM, said the casino operator will fully support the country’s requirement to develop non-gaming projects.<\/p>\n","protected":false},"author":176,"featured_media":26542,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"SJM Holdings has publicly affirmed its commitment to the Macau government's mandate for increased non-gaming investment, a critical requirement for the ongoing casino concession retender process. This strategic pivot aligns with Macau's broader tourism diversification goals, with SJM's co-chairman Angela Leong On Kei emphasizing support for the city's aims. The appointment of Daisy Ho Chiu Fung as managing director further underscores SJM's focus on regulatory compliance and strategic alignment with government directives.","focusai_entities":"Angela Leong On Kei, SJM, SJM Holdings, SJM Resorts, S.A., Daisy Ho Chiu Fung, Macau SAR Government, commission overseeing the gaming concession tender, small and medium enterprises (SMEs)","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.9), operator_casino (0.9), marketing_crm (0.7), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Non-Gaming Investment ROI","query":"What specific KPIs and financial models are SJM Holdings employing to project the return on investment for its mandated non-gaming projects, and how will these contribute to NGR diversification?"},{"label":"Concession Tender Impact","query":"How might SJM's proactive commitment to non-gaming investment influence its competitive standing and the final terms of its gaming concession renewal compared to other bidders?"}],"footnotes":""},"categories":[157,16338],"tags":[23108],"class_list":["post-34517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-sjm-holdings"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=34517"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34517\/revisions"}],"predecessor-version":[{"id":34551,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34517\/revisions\/34551"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26542"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=34517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=34517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=34517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}