Satellites - o que vai acontecer aos edificios e aos trabalhadores
ago26 SJM CBRE: SJM cuts staff by 10% as satellite casino closures tighten margins By Nadia Shaw, MDT Friday, August 28, 2026 0 [Photo:Nadia Shaw] S JM Holdings has cut its workforce by 10% over seven months and is pursuing further cost reductions as the closure of its satellite casinos continues to pressure margins and complicate the Macau operator’s efforts to reduce debt, according to CBRE Equity Research. SJM, which operated nine of Macau’s 11 satellite casinos before their closure in 2025, is widely recognized as the concessionaire most exposed to the end of the satellite-casino model. For the six months ended June 30, SJM reported a net loss of HKD295 million (USD37.6 million) in the first half of 2026, while group-wide gross gaming revenue fell 18.5% year over year to HKD12.1 billion ($1.54 billion). In an accompanying statement on SJM Holdings’ 2026 interim results, Daisy Ho, SJM Holdings chairwoman and managing director of SJM Resorts, said the first half of the year marked th...