October saw the highest gross gaming revenue in Macau since the pandemic at MOP24.09 billion (around US$3 billion), which also represented a 15.9% growth compared to revenue...
Macau at the final stage of gaming sector reconstruction
With Macau’s amended Gaming Law, the country is now in the final stage of reconstructing the gaming sector by closing Casino Kam Pek Paradise at the end of today, December 1, 2025.
Casino Kam Pek Paradise was opened back in 2007 and operated under SJM Resorts’ license as the world’s first e-casino.
SJM announced:
“All gaming tables and gaming machines currently operating at the location will be redeployed to other self-promoted casinos of the company. All customer entitlements are duly honored.”
The casino accounted for over 75% of Paradise Entertainment’s total revenue in the first half of 2025 and generated $49.1 million in revenue.
Another SJM-licensed casino, the Ponte 16, recently closed operations on November 29, 2025, after SJM ended acquisition plans for an integrated property.
During November 2025, SJM’s Casino Legend Palace and Casino Casa Real also ceased operations, and Casino Fortuna is planned to close in just a few days on December 10, 2025. Casino L’Arc is the only venue that will not be closed, as SJM acquired full control for $224.8 million.
Macau’s new Gaming Law requires that gaming operations have to be in locations that are managed by the city’s concessionaire, and on this occasion, SJM revealed they’re taking a disciplined approach to capital deployment and long-term planning.
By early December 2025, these reconstructions will be the biggest change in Macau’s gaming industry.
The Casino Emperor Palace and Waldo Casino, two of Macau’s long-standing casinos, are set to close by the end of October, according to statements from their respective...
