Macau casino operator SJM Resorts announced bonuses for 98% of employees

Macau casino operator SJM Resorts Ltd has announced a special discretionary bonus for employees equivalent to one month’s salary. According to the company’s press release, the bonus will be given to approximately 98% of employees on January 31 this year.

SJM Resorts Managing Director Daisy Ho Chiu Fung commented on the bonus payment. With the commencement of the fresh 10-year gaming concession in 2023, SJM has opened a new chapter of continuous development and innovation. The company sincerely appreciates the efforts and contributions of the team members who seized the opportunities presented during the pandemic recovery. This has led to the steady growth of our business and significant progress in non-gaming areas such as culture, gastronomy, sports and entertainment, Ho said.

Managing Director also mentioned that SJM will continue to leverage on the company’s strengths and connections to continue to offer visitors high quality tourism products and servicesand recreation. The operator will strive to give new impetus to the relevant diversification of Macau’s economy.

SJM Resorts Ltd is a division of Hong Kong-listed SJM Holdings Ltd. The operator operates a number of gambling establishments in Macau, including Casino Grand Lisboa Palace, Casino Emperor Palace, Casino Ponte 16 and others.

There are six major casino operators in Macau: Sands China, Wynn Macau, Galaxy Entertainment, MGM China, Melco Resorts and SJM, which was the last to announce discretionary bonuses for staff. Sands China and Melco also announced their intention to increase staff salaries.

Of note: Macau’s gross gaming revenue reached 4.4 billion patacas in the first week of January.


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