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.
The proposed acquisitions and closures would reshape SJM’s Macau casino operations, while the deals remain unconfirmed.