{"id":777004977,"date":"2023-05-08T13:00:01","date_gmt":"2023-05-08T16:00:01","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777004977"},"modified":"2026-04-22T22:12:56","modified_gmt":"2026-04-23T01:12:56","slug":"daisy-ho-optimistic-about-non-gaming-projects-in-macau","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/daisy-ho-optimistic-about-non-gaming-projects-in-macau","title":{"rendered":"Daisy Ho optimistic about non-gaming projects in Macau"},"content":{"rendered":"\n

SJM Holdings’ co-chairman has said that non-gaming projects will help boost cultural exchanges with Portugal.<\/p>\n\n\n\n\n\n\n\n

Macau.- Daisy Ho<\/strong>, co-chairman and executive director of SJM Holdings<\/strong> has said that non-gaming projects will allow the company to increase cultural exchanges with Portugal. During an interview with Macau Business, Daisy Ho said integrated resort operators can add non-gaming activities to explore a potential market.<\/p>\n\n\n\n

She added that the non-gaming segment<\/a> is expected to grow faster than the gaming segment due to regulatory policy and market dynamics. SJM has pledged to invest MOP14.03bn over the next 10 years, with MOP12bn allocated to non-gaming developments. This includes a MOP2.5bn investment to renovate two flagship properties, Lisboa Hotel and the adjacent Grand Lisboa casino-hotel, to accommodate more non-gaming offerings. <\/p>\n\n\n\n

The company also plans to revitalise and renovate its now-defunct floating casino, Macau Palace<\/strong>, into a home for dining and retail offerings and a gaming culture museum. It aims to promote more exchanges between Portugal and Macau by bringing cultural performances and art exhibitions to Macau and promoting teaching of the Portuguese language in mainland China.<\/p>\n\n\n\n

Ho said that Macau’s economic recovery would be rapid and will stabilise at a moderate, healthy rate when it reaches the pre-pandemic levels.<\/p>\n\n\n\n

Under their new concessions, the city\u2019s six gaming operators have pledged to invest US$15.2bn in non-gaming projects<\/a>, including cultural and entertainment facilities, over the next few years.<\/p>\n\n\n\n

See also: <\/strong>Macau GGR up 15.6% month-on-month in April<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

SJM Holdings’ co-chairman has said that non-gaming projects will help boost cultural exchanges with Portugal.<\/p>\n","protected":false},"author":176,"featured_media":25400,"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' co-chairman, Daisy Ho, announced a significant strategic pivot towards non-gaming investments, pledging MOP12bn over 10 years to enhance cultural exchanges with Portugal and diversify revenue streams in Macau. This initiative, driven by regulatory policy and evolving market dynamics, includes renovating flagship properties and revitalizing the Macau Palace into cultural and retail hubs. The move aligns with the broader commitment of Macau's six gaming operators to invest US$15.2bn in non-gaming projects under their new concessions.","focusai_entities":"SJM Holdings, Daisy Ho, Macau Business, Lisboa Hotel, Grand Lisboa, Macau Palace","focusai_location":"Macau, Portugal, China","focusai_target_profile":"ceo_executive (1.0), regulator (0.9), compliance_legal (0.7), operator_casino (1.0), product_ux (0.7), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Non-Gaming ROI","query":"What are SJM Holdings' projected return on investment metrics and timeline for the MOP12bn non-gaming capital expenditure, particularly concerning the cultural exchange initiatives and their contribution to NGR?"},{"label":"Regulatory Impact","query":"How will the increased non-gaming focus by SJM Holdings and other Macau operators impact the overall GGR\/NGR composition and the long-term sustainability of the gaming concessions under the new regulatory framework?"}],"footnotes":""},"categories":[157,16338],"tags":[23108],"class_list":["post-777004977","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\/777004977","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=777004977"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004977\/revisions"}],"predecessor-version":[{"id":777005016,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004977\/revisions\/777005016"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25400"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777004977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777004977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777004977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}