Retendering21-22

ab25 Macau casino operator SJM Holdings Ltd moved into first-quarter profit of HKD31 million (US$4.0 million), compared to a HKD74-million loss a year earlier. That was on total net revenue that rose 8.1 percent year-on-year, to HKD7.48 billion. Gaming net revenue went up 7.5 percent year-on-year, to nearly HKD6.95 billion. The gaming performance was supported by a 41.1 percent year-on-year gain in gross gaming revenue (GGR) at the group’s Cotai resort, Grand Lisboa Palace (pictured), to nearly HKD1.57 billion. The company – which is only required under Hong Kong Stock Exchange rules to make formal earnings reports on a six-monthly basis – released on Tuesday unaudited selected highlights from its trading for the three months to March 31. A separate release on Tuesday cited SJM Holdings’ chairman, Daisy Ho Chiu Fung, as saying: “While the market experienced softer consumer spending in the first quarter, SJM Holdings’ performance remained steady on a sequential basis.” She added: “T...

jun24 One of the Hong Kong government’s top tourism advisers – the leisure and entertainment mogul Allan Zeman – says the city is lagging behind Macao when it comes to attractions.  His comments will come as a stark warning to a Hong Kong tourism industry struggling to find its post-pandemic direction, with long-haul markets remaining sluggish and the domestic market shifting from affluent mainland Chinese travellers to penny-pinching day-trippers. In remarks  published  by the  South China Morning Post  over the weekend, Zeman said Macao has things “we don’t have” and praised the Macao government’s efforts to diversify away from gambling as a tourist draw. “Macao is becoming an exciting city. Every week there’s new names coming, putting on shows, and it’s competition for us,” he said. Zeman added: “The casinos earn a lot of money, so they can keep bringing out new things and reinventing themselves … Macao has suddenly become a very fun place to go to.” He said ...

may25 A DICJ pretende elevar a gestão “inteligente” do sector do jogo, através da introdução de tecnologia informática, indicou a nova dirigente do organismo, Ng Wai Han   A nova directora da Inspecção e Coordenação de Jogos (DICJ), Ng Wai Han, está apostada em “elevar o nível de gestão inteligente do sector, por forma a que este se desenvolva de forma saudável”. Para isso, “serão introduzidas tecnologias informáticas” na área do jogo, indicou, na cerimónia de tomada de posse. Com uma vasta experiência na área da Administração Pública, designadamente no desenvolvimento da governação electrónica e na optimização dos procedimentos administrativos, Ng Wai Han dirigiu anteriormente os Serviços de Administração e Função Pública (SAFP). Na toma de posse, prometeu ainda que irá empenhar-se “na coordenação e supervisão da implementação efectiva dos elementos não jogo, no sentido de contribuir para a diversificação adequada da economia de Macau e para o desenvolvimento articulado de diferen...