SJM Holdings Ltd., parent of Macau casino concessionaire SJM Resorts, has renewed a lease with co-chair and managing director Angela Long for Casino Oceanus at Jai Alai, as well as retail and office spaces. SJM just inked a similar deal for the ongoing operation of L’Arc Hotel through 2025. SJM can run four gaming properties under Macau’s new gaming law. ● Macau’s Court of Final Appeal (TUI) has ruled that casino companies in the city are not under “exclusive operations” and their employees do not have civil servant status. The judgment was in response to legal cases in which croupiers were charged with civil service embezzlement. Those cases are on appeal, as crimes in that category can only be charged against civil servants or employees of companies with “exclusive operations,” such as water and power suppliers. Macau has six casino concessionaires with multiple operations. ● Borgata Poker and BetMGM Poker have announced a No Limit Hold ’Em Tournament, Almighty Million, at the Atlantic City resort from May 7 through May 13. An $800 buy-in provides a 100,000 starting stack, allowing players of all experience levels to test their luck and skill. Borgata has one of the largest poker rooms in the country. ● The Clark County Commission is slated to consider Hard Rock’s proposed guitar-shaped hotel tower addition on March 22, per public records. The final proposed version of the structure comes in at 660 feet tall, and will feature glass facades and “brightly lit strings,” according to a letter from land-use attorney Jennifer Lazovich. Lazovich went on to say that the building, if approved, will represent an “engineering masterpiece” that will “forever change the skyline of the Strip.”
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