Encouraging financial report for legacy operator, write AGB.
Macau legacy gaming operator SJM has announced that it recorded a 53 per cent increase in gross gaming revenue to HK$3.88bn (US$495m),while narrowing its loss by 32.2 per cent to HK$869m (US$110.86m) in the first quarter of the year.
The group registered total revenue of HK$4bn (US$510.3m), up 57.6 per cent, while adjusted EBITDA returned to the black at HK$31m (US$3.95m), compared to a loss of HK$474m (US$60.47m) in 1Q22.
Read the full article in the June issue of InterGaming
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