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Thursday, January 1, 2026

INTELLIGENCE

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    New L’Arc Hotel property is a “highly strategic asset” for SJM – Managing Director

    SJM Resorts on Tuesday completed the integration of L’Arc Hotel and Casino into its self-operated portfolio, with managing director Daisy Ho describing the property as a “highly strategic asset” because of its prime location on the Macau peninsula.

    MS analysts question MGM China’s significant increase in royalty payments, biting into EBITDA

    Analysts at Morgan Stanley say that MGM China’s recent royalty payment deal with its parent company could reduce the Macau operator’s EBITDA by up to 7 percent.

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