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L’Arc satellite casino contract renewed

Deputy Angela Leong’s company will be able to continue operating as a satellite casino until the end of 2025. The agreement was explained yesterday, by SJM Resorts, through a statement to the Hong Kong Stock Exchange

The company L’Arc Entertainment will operate the satellite casino L’Arc Macau for another three years, until December 2025. The information was released yesterday by the concessionaire SJM Resorts, through a statement to the Hong Kong Stock Exchange.

According to the terms of the agreement revealed yesterday, over the three years L’Arc Entertainment will receive from SJM Resorts a fixed percentage of the gross monthly revenue obtained in the casino.

Read more at Hoje Macau

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