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SJM Resorts Announces One-Month Discretionary Bonus for Employees

Macau’s SJM Resorts Ltd has confirmed it will award its eligible workforce a special discretionary bonus equivalent to one month’s salary, recognising their contributions throughout 2025 and aiming to reward staff for their dedication and service. The announcement, made via internal communication and later reported by media outlets, states that the bonus will be paid out on 30 January 2026 to qualified employees, reflecting appreciation for their efforts over the past year.



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Delta Corp Shuts Goa Casino Operations Amid India’s Higher GST Pressure

Delta Corp has discontinued operations at one of its casino properties in Goa, citing mounting financial pressure following India’s sharp increase in goods and services tax (GST) on gaming activities. The move underscores the growing strain on India’s casino sector after authorities imposed a 28% GST on online gaming, casinos and horse racing based on full face value of bets rather than net revenue.



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SJM Raises US$540 Million via Senior Notes to Bolster Financial Flexibility

SJM Holdings has issued US$540 million in senior notes due 2031, carrying a 6.5% coupon, as part of efforts to strengthen liquidity and enhance financial flexibility amid ongoing structural changes in Macau’s gaming sector. The issuance, reported by industry media, comes as SJM continues to rebalance its capital structure following the post-pandemic recovery and the transition away from satellite casino operations.



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Osaka to Sell Central Expo Land Near MGM IR

The city of Osaka has confirmed plans to sell a central parcel of land originally reserved for Expo-related use on Yumeshima island, located adjacent to the future MGM Osaka Integrated Resort. According to local officials, the move reflects a shift from short-term Expo utilisation toward longer-term urban and commercial development following the conclusion of Expo 2025, with the land expected to attract private-sector interest.



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JP Morgan Puzzled by Sudden Sell-Off in Sands China and Melco Shares

Investment bank JP Morgan has expressed surprise over the unexpected share price declines seen in Sands China and Melco Resorts & Entertainment, noting that the sell-off does not appear to be supported by any clear deterioration in fundamentals. In a recent research note, analysts said they were “baffled” by the sharp pullback, particularly as both operators continue to demonstrate stable operational trends within Macau’s recovering gaming market.