SJM agrees to acquire Macau’s L’Arc casino for HK$1.75bn
SJM agreed to acquire Arc of Triumph Development Company, which owns L’Arc Hotel and Casino L’Arc Macau and associated retail and food outlets, for HK$1.75 billion. The deal requires independent shareholder and Macau regulatory approval; SJM said it would not proceed with its planned acquisition of Ponte 16 and agreed to bring forward that casino’s closure to 28 November 2025.
The transaction would add L’Arc to SJM’s Macau properties, while Ponte 16 is scheduled to cease gaming operations earlier than planned.