SJM Completes L’Arc Acquisition, Prepares Direct Casino Control
SJM Holdings Ltd has confirmed the completion of its purchase of L’Arc casino hotel complex on Macau’s peninsula, marking a significant shift in how the property’s gaming operations will be managed going forward. The company also stated that its wholly owned subsidiary, SJM Resorts SA, has obtained authorization from the Macau government to operate Casino L’Arc Macau as a self-promoted casino rather than under a satellite arrangement. L’Arc is a downtown hotel and casino property that previously functioned as one […]
SJM Holdings Ltd has confirmed the completion of its purchase of L’Arc casino hotel complex on Macau’s peninsula, marking a significant shift in how the property’s gaming operations will be managed going forward. The company also stated that its wholly owned subsidiary, SJM Resorts SA, has obtained authorization from the Macau government to operate Casino L’Arc Macau as a self-promoted casino rather than under a satellite arrangement. L’Arc is a downtown hotel and casino property that previously functioned as one […]
