Macau’s SJM Holdings reported a 7.5% year-on-year improvement in gross gaming revenue to HK$14.8 billion (US$1.90 billion) and an 11.8% increase in non-gaming revenue to HK$1.01 billion (US$130 million) in the first six months of 2025, although it wasn’t enough to prevent a widened loss of HK$182 million (US$23.4 million), up from HK$162 million (US$20.8 million) a year earlier.
According to information filed with the Hong Kong Stock Exchange late Thursday, the company also improved its Macau GGR market share from 12.5% to 12.9% in 1H25, primarily on the continued ramp of Cotai resort Grand Lisboa Palace (GLP) which itself saw market share climb to 2.5%.
GLP recorded total revenue of HK$3.63 billion (US$466 million) on a 26.3% year-on-year increase in GGR to HK$2.94 billion (US$377 million), while non-gaming revenue grew by 9.4% to HK$690 million (US$88.5 million).
