SJM Holdings (SJM) has announced that its satellite casino Casino Emperor Palace will close at 11:59 pm on Thursday (30 October 2025). The decision follows an agreement between SJM and Tin Hou Entertainment Group—an indirect subsidiary of Emperor Entertainment Hotel Group—to terminate the service contract earlier than originally planned. The cessation will result in all gaming tables and machines being redeployed to other SJM-operated venues. Local employees directly employed by SJM will be reassigned within the group, while external staff working at the site will be invited to apply for vacancies across SJM properties.
RAM Ratings has reaffirmed the “AA1/Stable/P1” corporate credit ratings of Genting Berhad and its subsidiary Genting Malaysia Berhad (“GenM”), but flagged that the group’s debt cushion is becoming constrained as it moves ahead with its prospective takeover of the remaining GenM shares it does not yet own.
Hong Kong-listed International Entertainment Corporation (IEC) has revealed that during its financial year ending June 30, 2025, it “diversified” its revenue streams by leasing gaming venues to a junket operator at its Manila property. The company took over casino operations at the New Coast Hotel Manila in May 2024 via its subsidiary under a provisional licence from the Philippine Amusement and Gaming Corporation (PAGCOR).
From 1 December 2025, Crown Perth will require all patrons wishing to play electronic gaming machines (EGMs) to use a personalised membership or player card — i.e., a “carded play” system — marking a major shift in its gaming operations.
Golfer Collin Morikawa, a six-time PGA Tour winner and Sands Champion Ambassador, has joined Marina Bay Sands for a series of community activities focused on youth development and community empowerment. Morikawa's partnership with Las Vegas Sands began in mid-2024 as a multi-year engagement to support integrated resort programs and community initiatives, including golf clinics promoting youth leadership and revitalization projects.
Author: Janice Chew • Monday, 27/10/2025
