Tag Archives: SJM Holdings

Macau pioneer Stanley Ho dies age 98

SBC News Macau pioneer Stanley Ho dies age 98

Stanley Ho, the man credited with transforming Macau into the world’s gambling hub, has died at the age of 98. Known as the ‘king of gambling’, Ho became a prominent figure in the Macanese gambling market after winning a monopoly licence in 1961, establishing the foundations for his SJM Holdings casino empire. “My father passed away peacefully just now at …

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Macau six set to increase employee wages

SBC News Macau six set to increase employee wages

Chinese news sources have reported that the six licensed Macau casino operators are set to increase employee salaries by a minimum of 5%, as the casino operators look to overcome a potential 2015 labour shortage in the Asian Gambling hub This week SJM Holdings stated to staff tha they would recieve a 5% pay rise in 2015. SJM Holdings will be …

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