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SJM earnings tumble amid casino revenue fall

(Picture by Aries Un) SJM Holdings reported a year-over-year drop of nearly 24 per cent in third-quarter gross gaming revenue, according to its Thursday announcement. GGR for that period stood at around HK$5.44 billion (US$690 million / MOP5.6 billion), down from HK$7.14 billion.

Travel & Leisure Business

Hotels, cruise lines, tourism economies, casinos and sportsbooks as industries: demand, results, deals and the rules that shape them.

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Inside Travel & Leisure Business

Hotels & Hospitality Hotel companies and the hospitality industry: Marriott, Hilton, Hyatt, IHG, Accor, Airbnb and Booking - demand, room rates, openings, deals and hotel investment.
Cruise Lines The cruise business: Carnival, Royal Caribbean, Norwegian, MSC and Viking - bookings, results, new ships, private islands, debt and fuel costs.
Tourism Economy Tourism as an economy: visitor arrivals and spending, travel demand, tourist taxes, overtourism and the places that live on tourism.
Casinos & Gambling Industry Casino operators and the gambling industry: Las Vegas and Macau results, Sands, Wynn, MGM and Caesars, iGaming and online casinos, sweepstakes casinos and tribal gaming.
Sports Betting Business The sportsbook industry: DraftKings, FanDuel and Flutter, BetMGM and Fanatics - handle and results, state legalization, betting taxes and marketing rules.

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