SJM Holdings Ltd
00880: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &.? | LOCK|r!v^% | LOCK|vr^fj>P |
Macao's Satellite Casinos to Cease Operations by the End of 2025
Macao's 11 satellite casinos will cease operations by Dec. 31, 2025. SJM plans to acquire and convert two of its nine satellite casinos, L'Arc Macau and Casino Ponte 16, into self-promoted casinos, while the remaining seven, along with one each from Galaxy and Melco Resorts, will be closed.
