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FABICash and LT Game agree reciprocal US-Macau product representation

Deals & M&A

FABICash announced a partnership with LT Game covering sales and representation in the United States and Macau. LT Game will represent FABICash in Macau, while FABICash will sell LT Game slot machines and other products in the US, the companies said.

The agreement gives both companies a route to market for their products in the other’s stated territory.

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Deals & M&A

SJM plans to acquire two Macau casino properties and close seven satellite casinos

SJM said its board intends to acquire the properties housing Casino L’Arc Macau and Casino Ponte 16, but negotiations have not begun and no binding agreements have been reached. It plans to end operations at seven other satellite casinos by the end of 2025, reallocating their gaming machines and tables to its own casinos and offering affected Macau-resident staff jobs within SJM Resorts.

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