Property News · November 20, 2025

SJM cancels plan to buy Ponte 16, but pursues deal for L’Arc Macau


Integrated resorts operator SJM Holdings, one of the six licensed casino concessionaires in Macau, has abandoned a plan to acquire Ponte 16, which is among the firm’s nine satellite gambling venues directed to halt operations under the city’s revised gaming laws.
“Following a comprehensive business review and after a thorough assessment of long-term business planning, commercial considerations and resource prioritisation across the group’s portfolio, SJM Resorts will not proceed with the…

Source : South China Morning Post
Read more…SJM cancels plan to buy Ponte 16, but pursues deal for L’Arc Macau