Investment-bank J.P. Morgan estimates that the acquisition by SJM Resorts of L’Arc Macau could contribute approximately HK$300 million to HK$350 million (around US$38.5-45 million) in annual EBITDA to SJM, suggesting the deal is “value-accretive”.
In a significant milestone for the Australian gaming sector, Bally’s Corporation has secured full regulatory clearance to assume control of The Star Entertainment Group. Approvals from New South Wales’ NSW Independent Casino Commission (NICC) and Queensland’s Office of Liquor & Gaming Regulation (OLGR) were confirmed on 21 November 2025, following a detailed probity assessment of Bally’s and its key associates.
The Gaming Inspection and Coordination Department (DICJ) in Macau has stepped in to supervise the closure of Casino Ponte 16 next week, as part of the sweeping restructure of the city’s satellite-casino ecosystem. The regulator has flagged 1,025 employees whose roles will be disrupted by the closure and has mandated that they be guaranteed relocation opportunities within SJM’s network, with full continuity of salary, benefits and working conditions.
Genting Berhad has announced that its financing arm has issued RM 495 million (approximately US$104 million) in medium-term notes (MTNs) as part of a broader RM 10 billion programme. These notes carry a one-year tenure and offer interest at one-month KLIBOR plus 1.80 % per annum. The proceeds will be used to help finance its takeover of Genting Malaysia Berhad, with the acquisition offer announced on 13 October 2025.
South Korea’s only casino operator that permits domestic players, Kangwon Land, has provided an update on its “Value-Up Plan”, originally unveiled in October 2024 and targeting achievement by end-2026. The plan is focused on enhancing shareholder value through three main targets: a 60% total shareholder payout ratio, a price-to-book ratio (PBR) of 1.2x, and full (100%) compliance with key corporate governance metrics.
Author: Janice Chew • Saturday, 22/11/2025
