SJM steps into direct leadership at L’Arc Macau Casino, opening a new chapter of operations | AGB
Summary
SJM Resorts assumed direct control of L’Arc Hotel and Casino in the early hours of 30 December after receiving regulatory approval. The group paid $224 million for the property and integrated it into its self‑operated portfolio, ending L’Arc’s satellite casino status. Managing Director Daisy Ho described the site as a ‘highly strategic asset’ on the Macau peninsula. The takeover was completed seamlessly with no disruption to guests or casino operations. The move comes as Macau’s final satellite casino, Casino Landmark, also closed, and as regulators in other markets (notably Portugal) extend licences temporarily while tender processes proceed.
Key Points
- SJM completed the integration of L’Arc into its self‑operated portfolio on 30 December.
- The acquisition price was $224 million, with SJM citing the property’s prime peninsula location.
- The handover removed L’Arc’s satellite status; Casino Landmark’s closure marks the end of Macau’s satellite model.
- The transition was carried out without guest or operational disruption.
- Regulatory shifts are affecting the sector — Portugal extended some casino concessions to allow for ongoing tender formalities.
Context and relevance
This development matters to anyone tracking Macau gaming strategy and market structure. SJM’s direct control of L’Arc signals consolidation and a sharper focus on peninsula assets as satellite casinos are wound down. Expect this to influence local market share dynamics, future capital allocation by operators, and how regulators manage licence transitions across jurisdictions.
Why should I read this?
Short and sharp: if you follow Macau or casino operator strategy, this is worth your time. SJM buying and running L’Arc for $224m is a clear strategic play to stabilise and bolster its peninsula footprint while the regulatory landscape shifts. We’ve pulled out the essentials so you can see what it means for market positioning — fast.
Source
Source: https://agbrief.com/news/31/12/2025/sjm-completes-takeover-of-larc-macau/