Expanded first-half loss documented by SJM, despite a significant surge in Gross Gaming Revenue (GGR) to approximately $1.90 billion, demonstrating a growth of nearly 12% compared to the previous period.

In the bustling city of Macau, SJM Holdings, a prominent name in the gaming industry, reported a significant rise in its revenue and market share in the first half of 2025. The Grand Lisboa Palace (GLP), a key contributor to this growth, saw its own market share climb to 2.5%.

The Grand Lisboa Palace, managed by Daisy Ho, the Chairman and Executive Director of SJM Holdings and Managing Director of SJM Resorts, recorded a total revenue of HK$3.63 billion (US$466 million) in the first half of the year. This impressive figure represents a 19.5% increase in SJM Holdings' total revenue for the same period.

The growth at the Grand Lisboa Palace was not limited to its gaming operations. The non-gaming revenue at the resort also saw a 9.4% increase, amounting to HK$690 million (US$88.5 million) in the first half of 2025. This growth accounted for approximately 16.8% of SJM Holdings' total non-gaming revenue during the same period.

The gaming revenue at the Grand Lisboa Palace, known as GGR, also experienced a substantial increase. The resort recorded a GGR of HK$2.94 billion (US$377 million), marking a 20.5% increase in SJM Holdings' total GGR for the first half of 2025. This GGR accounted for approximately 20.1% of SJM Holdings' total GGR in the same period.

Despite these impressive growth figures, SJM Holdings reported a widened loss of HK$182 million (US$23.4 million) in the first six months of 2025, up from HK$162 million (US$20.8 million) a year earlier.

On a broader scale, Macau's gaming market saw growth as well. SJM Holdings improved its Macau GGR market share from 12.5% to 12.9% in the first half of 2025. The total GGR for SJM Holdings in the first six months of 2025 was HK$14.8 billion (US$1.90 billion), representing a 7.5% year-on-year increase.

In conclusion, the Grand Lisboa Palace played a significant role in boosting SJM Holdings' performance in the first half of 2025, contributing to both gaming and non-gaming revenue growth and a slight increase in the company's market share. However, the company still faced a widened loss during this period.

Expanded first-half loss documented by SJM, despite a significant surge in Gross Gaming Revenue (GGR) to approximately $1.90 billion, demonstrating a growth of nearly 12% compared to the previous period.