SJM Holdings Ltd. (00880.HK), the Macau casino operator controlled by the family of Stanley Ho, has given a 5-percent wage hike to all its staff this year, the Hong Kong Economic Journal reported. Th ...More
EJ Insight2015-01-02
Macau gaming stocks face another tough year after the industry suffered its first full-year revenue slide amid Beijing’s intensified crackdown on corruption. This year, Macau gaming plays have lost mo ...More
EJ Insight2014-12-31
Macau should reduce its dependence on the gaming sector, a mainland official said, warning that over-reliance on one industry poses a threat to the long-term prospects of the city's economy. Li Fei, d ...More
EJ Insight2014-12-04
Macau casino operator SJM Holdings (00880.HK) is facing escalating pressure to raise the salaries of its workers, driving further negative sentiment for the company as the industry struggles to overco ...More
EJ Insight2014-09-11
About 7,000 Macau casino workers took to the streets on Monday to demand better pay and working conditions in the special administrative region, Apple Daily reported Tuesday. And they may hold another ...More
EJ Insight2014-08-26
Macau's top six casino operators have seen HK$72.6 billion (US$9.37 billion) wiped off their market value amid spiraling labor cost, the Hong Kong Economic Journal reported Friday. It only gets worse. ...More
EJ Insight2014-08-08
Dynam Japan Holdings Co. Ltd. (06889.HK), is trying to convince Japanese legislators to amend a casino bill to legalize cash prizes for pachinko, the Hong Kong Economic Journal reported Monday, citing ...More
EJ Insight2014-06-30
In Hong Kong, a city obsessed with money and stocks, a good number is all that matters -- whether it's a car plate or a mobile number or a share code. Everyone wants a lucky number, but not everyone c ...More
EJ Insight2014-06-16
Macau casinos have been smarting from the disappearance of a junket operator with HK$10 billion (US$1.3 billion) of unpaid debts, but industry players say its impact on the gaming industry is short-l ...More
EJ Insight2014-06-16
Casino operators took a big hit on the stock market Tuesday after SJM Holdings (00880.HK) chief executive confirmed that Macau's monetary watchdog has ordered the removal of all UnionPay kiosks from c ...More
EJ Insight2014-06-10
SJM Holdings (00880.HK) is banking on its massive integrated resort and casino project at the Cotai Strip to regain the leading status in Macau's gaming industry, the Hong Kong Economic Journal report ...More
EJ Insight2014-06-06
Macau is planning to ban the sale of luxury products using UnionPay cards to prevent customers from re-selling them for cash, Sing Tao Daily reported Tuesday. The ban, expected to come into force on J ...More
EJ Insight2014-05-20
Hong Kong stocks finished mostly weaker on Thursday, with technology and mobile gaming firms coming under pressure after a disappointing debut of London-based game developer King Digital Entertainment ...More
EJ Insight2014-03-27
Hong Kong shares closed higher on Wednesday, taking the cue from mainland peers and other overseas stock markets. The benchmark Hang Sang Index added 76 points or 0.34 percent to finish at 22,664 poin ...More
EJ Insight2014-02-19
Macau's six casino operators are likely to see their licenses renewed for shorter tenors when they come up for renewal in 2020 and 2022 as China's leaders see the licenses as a leverage over the Unite ...More
EJ Insight2014-02-19
The ground is shifting for Macau casino empire SJM Holdings Ltd. (00880.HK). The company has revised up the cost estimates for its new integrated Cotai resort, SJM’s first foothold in the area. Breaki ...More
EJ Insight2014-02-14
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Friday, Feb. 14: TOP STORIES SJM raises investment in Cotai project to HK$ ...More
EJ Insight2014-02-14
SJM Holdings Ltd. (00880.HK) has revised the construction cost of its new integrated resort in Macau's Cotai area to HK$30 billion (US$3.85 billion), chairman Ambrose So said on Thursday. The budget h ...More
EJ Insight2014-02-13
Hong Kong's benchmark Hang Seng Index closed 146 points or 0.64 percent higher Friday on the back of heavyweight blue chips Galaxy Entertainment (00027.HK) and Tencent (00700.HK). It gained 1.25 perce ...More
EJ Insight2014-01-17
General calm prevailed on the Hong Kong stock market Tuesday, although Macau gaming plays rode high again after Morgan Stanley and Citigroup both raised outlooks for the sector's revenue growth as wel ...More
EJ Insight2014-01-07
