SJM Profit Plunges 91% as Satellite Casinos Wind Down in Macau

SJM Holdings has reported a dramatic 91% decline in profit for the third quarter of 2025, with earnings falling to HK$9 million (US$1.16 million) compared to HK$101 million (US$13 million) in the same period last year. The steep downturn was largely attributed to the gradual closure of satellite casinos and a shrinking market share in Macau’s increasingly […]

Nov 12, 2025 - 09:30
SJM Profit Plunges 91% as Satellite Casinos Wind Down in Macau

SJM Holdings has reported a dramatic 91% decline in profit for the third quarter of 2025, with earnings falling to HK$9 million (US$1.16 million) compared to HK$101 million (US$13 million) in the same period last year. The steep downturn was largely attributed to the gradual closure of satellite casinos and a shrinking market share in Macau’s increasingly […]