SJM Holdings Reports Impressive Q1 Performance
SJM Holdings, a prominent operator and developer of casinos and integrated entertainment resorts in Macau, has released its first-quarter financial results.
The company disclosed net gaming revenue of nearly HK$6.5 billion ($830 million) for the quarter, marking a substantial increase compared to the same period last year. Additionally, adjusted EBITDA surged to HK$864 million ($110.6 million), demonstrating significant growth from the previous year's figure of just 31 million Hong Kong dollars.
SJM Holdings also reported a notable improvement in its financial position, with a loss attributable to the company's owners of HK$74 million ($9.5 million). This represents a significant reduction from the HK$869 million loss reported in 2023, indicating positive momentum for the company.
13 May 2024, 16:00
Finance
Flutter Enters Top 3 Largest Bookmakers in Brazil
28 September 2024, 10:08
DraftKings to Pay $200,000 Fine Over Social Media Post
27 September 2024, 15:41
Star Entertainment Group Reports Financial Downturn
27 September 2024, 10:54
Flutter Entertainment aims to triple profits
26 September 2024, 09:19
US reports growing gambling industry revenues for the month
23 September 2024, 08:37
Tabcorp Chairman Announces Resignation
20 September 2024, 09:05
Other news
Gambling adverts during football matches triple in UK
29 September 2024, 16:17
Merkur Group founder to step down as chairman after 67 years at the helm
29 September 2024, 09:22
Dutch players demand bookmakers refund their money
28 September 2024, 15:14
Flutter Enters Top 3 Largest Bookmakers in Brazil
28 September 2024, 10:08
DraftKings to Pay $200,000 Fine Over Social Media Post
27 September 2024, 15:41
Star Entertainment Group Reports Financial Downturn
27 September 2024, 10:54
Norfolk casino project approved by Architectural Review Board
26 September 2024, 14:37
Flutter Entertainment aims to triple profits
26 September 2024, 09:19
Five social casino ads banned in UK
25 September 2024, 10:27
Brazil's WA.Technology Acquires Onseo
24 September 2024, 17:24
ESPN Bet Could Launch in New York by Weekend
24 September 2024, 08:30
EveryMatrix Appoints Former Entain Employee as Product Director
23 September 2024, 17:03
Articles
Why will the Snaitech deal double Flutter's market share in Italy?
26 September 2024, 16:00
Hiring Talent from Different Industries: Why and How?
26 September 2024, 09:09
The Social Casino Phenomenon: Real Money and Databases for Bookmakers
20 September 2024, 17:18
Dividing the Peruvian Pie: Who Will Take Over the Market After the Regulatory Law?
20 September 2024, 14:10
Expert Opinion: Why Betting Can't Survive Without AI Analysis of Sports Data
13 September 2024, 11:00
Categories