{"id":777000438,"date":"2022-11-25T12:34:11","date_gmt":"2022-11-25T15:34:11","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777000438"},"modified":"2026-04-23T02:37:56","modified_gmt":"2026-04-23T05:37:56","slug":"emperor-entertainment-revenue-down-51-between-april-and-september","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/emperor-entertainment-revenue-down-51-between-april-and-september","title":{"rendered":"Emperor Entertainment revenue down 51% between April and September"},"content":{"rendered":"\n<p>Emperor Entertainment&#8217;s net loss for the six months to September 30 rose by 85.4 per cent year-on-year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.-&nbsp;Emperor Entertainment Hotel Limited&nbsp;has shared its financial results for the six months to September 30. It reported <strong>revenue of HK$108.6m (US$13.9m)<\/strong>, down 51 per cent year-on-year. The company&#8217;s net loss grew by 85 per cent to HK$155.7m (US$19.93m), with a loss per share of HK$0.13, compared to HK$0.07 in 2021.<\/p>\n\n\n\n<p>Gaming revenue fell 83.7 per cent year-on-year to HK$24.4m due to the suspension of gaming operations on June 27. In April, the group announced that it would&nbsp;not renew its service contract with gaming concessionaire SJM Holdings Limited, which expired on June 26. As a result, it <strong>closed its casino at the Emperor Hotel<\/strong>.<\/p>\n\n\n\n<p>The group later announced that the satellite casino <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/emperor-entertainment-hotel-extends-casino-operations-until-year-end\" target=\"_blank\">would be acquired by SJM<\/a>&nbsp;and would operate for an additional six months until December 31. Emperor entered into a service agreement with SJM to provide hotel rooms, catering and other supporting services.<\/p>\n\n\n\n<p>Currently, the group operates hotels in Hong Kong and Macau, including the Grand Emperor Hotel in the central area of the Macau Peninsula and the Inn Hotel in Taipa.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Emperor Entertainment&#8217;s net loss for the six months to September 30 rose by 85.4 per cent year-on-year.<\/p>\n","protected":false},"author":176,"featured_media":18309,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Emperor Entertainment Hotel Limited reported a substantial increase in net loss and a significant revenue decline for the six months to September 30, primarily due to an 83.7% drop in gaming revenue. This downturn follows the non-renewal of its service contract with SJM Holdings Limited, leading to the cessation of its casino operations at the Emperor Hotel and a strategic pivot towards its core hospitality business.","focusai_entities":"Emperor Entertainment Hotel Limited, SJM Holdings Limited, Emperor Hotel, Grand Emperor Hotel, Inn Hotel","focusai_location":"Macau, Hong Kong, Macau Peninsula, Taipa","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"SJM's Acquisition Impact","query":"What are the specific financial and operational implications for SJM Holdings Limited following the acquisition of Emperor Entertainment's satellite casino, particularly concerning its concession obligations and market share?"},{"label":"Emperor's Hospitality Strategy","query":"How does Emperor Entertainment Hotel Limited plan to mitigate the significant revenue decline from exiting gaming operations, and what is its revised capital allocation strategy for its core hospitality assets in Hong Kong and Macau?"}],"footnotes":""},"categories":[16338,163],"tags":[23792],"class_list":["post-777000438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-emperor-entertainment"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000438","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=777000438"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000438\/revisions"}],"predecessor-version":[{"id":777000470,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000438\/revisions\/777000470"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18309"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777000438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777000438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777000438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}