MACAU BUSINESS
SUCCESS UNIVERSE BACKS PONTE 16 WITH HK$490 MLN Property Development to support its casino resort, with SUG taking on a maximum liability of HK$490 million (US$62.4 million/MOP505).
Hong Kong-listed SUG — a 49 percent owner of the resort with a satellite casino about HK$497 million.
As of the announcement, SUG was still owed approximately HK$342 million, as per
The document also touched on the 2023 revolving loan facilities to Pier 16, which totalled HK$230 million and MOP273 million.
As of 23 June this year — the date of maturity — the unpaid amount of the 2023 loan was about HK$395 million, and by 30 June, HK$10 million had been repaid. Under the new Amended and Restated Facility Agreement, the maturity date has been extended by one year.
Meanwhile, there is also loan restructuring, with the amounts now HK$160 million and MOP273 million.
Under a joint venture with SUG, SJM Resorts, S.A., a subsidiary of SJM Holdings, has a 51 percent ownership.
SUSPICIOUS TRANSACTIONS IN MACAU CASINOS DOWN 14.9 PCT IN H1
The GIF attributed a 12.6 per cent decline in the total number of suspicious number of reports submitted by the gaming sector”. cent submitted by casino concessionaires, 19.9 per cent by banks and insurance companies, and 6.3 per cent by other institutions and entities. The sectors involved—including pawnshops, jewellery stores, estate agencies, and auction houses—are required to report any transaction equal to or exceeding MOP 500,000 to the authorities.
MELCO’S MACAU EBITDA JUMPS 35 PCT IN Q2 Gaming operator Melco Resorts & Entertainment has reported a 35 per cent year-on-year increase in Adjusted Property EBITDA for its Macau properties in the second quarter of 2025, while group-wide net income declined by 20 per cent. recorded a double-digit improvement of 13 per cent. resorts in the SAR reached new records in mass market table games revenue. “This implemented have set us up on a solid foundation for continued growth.” Resorts & Entertainment Limited of US$17.2 million in the second quarter—down from US$21.4 million a year earlier.
Melco, which operates casino-resorts in Macau, the Philippines, and Cyprus, posted total operating revenues of US$1.33 billion for the second quarter of 2025, marking a 15 per cent year-on-year increase.
“In the Philippines, although the heightened competitive environment continues to impact performance, we have been implementing a variety of initiatives to improve performance and reduce cost,” Lawrence Ho stressed.
AUGUST 2025 33
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64
