What happens in Vegas stays in Vegas, but gamblers seeking even more anonymity can take refuge in China. SJM Holdings is the largest casino operator (in terms of gaming revenue) in Macau, a former Portuguese colony and the only place where gambling is legal in China; the Macau gaming market is bigger than Atlantic City and the Las Vegas Strip combined. SJM Holdings owns 19 of Macau's 29 casinos and controls nearly 30% of the market. Once the only player in Macau, the firm is dealing with competition from US companies who are expanding into China; SJM is spending some some $1.5 billion rebuilding its flagship Casino Lisboa. Business tycoon Stanley Ho (dubbed "the casino king of Macau") owns SJM Holdings.
See detailed business credit reports on other businesses or your own.
Essential information for a successful call
EMPLOYEES (All Sites)
- ASSETS (MIL USD) 7357.99513088445
REVENUE (MIL USD)
- TICKER SYMBOL 00880
- FISCAL YEAR END DEC
- SALES GROWTH % 5.39%
- NET INCOME GROWTH 12.53%
Get in Touch with 12 Principals*
CHIU FUNG, DAISY HODirector
TAK HAY CHAUDirector
ON KEI, ANGELA LEONGDirector
LAI HIM, ABRAHAM SHEKDirector