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The Macau Metro Monitor, September 25, 2012

BEING FIRST IN COTAI NOT THAT IMPORTANT: SJM BOSS Macau Business

SJM CEO Ambrose So said regarding his Cotai project, “These are not projects you can do in two days. They take around three years to complete. So it’s not a matter of life and death who gets over the line first in terms of [government] permission."  So reiterated his hopes of getting 600 to 700 live gaming tables for its Cotai project. He also admitted that the recent shareholder battle over the control of Greek Mythology Casino, one of SJM Holdings’ satellite casinos, had hurt the gaming operator’s gross gaming revenue market share.  “We will try our best and hope we can achieve our target of about 30% [market share].”

NEW RECORD FOR IMPORTED WORKERS (AGAIN) Macau Business

The number of imported workers in Macau reached a new all-time high in August.  According to official data from the police released today, Macau had a total of 107,400 imported workers by the end of August, 61% of whom came from the mainland.  This was the second month in a row in which a new all-time high for imported workers was set.