Approximately 870 square metres of gaming space are now part of the Grand Lisboa’s Upper First Floor, adding 10 gaming tables and over 40 slot machines to the space as well as a dining area. Inaugurated on Friday, the new gaming area played host to a baccarat tournament and a monthly draw for HK$1 million. The baccarat tournament awarded HKD1.46 million in winnings in the three-part competition, with HK$1 million awarded to a Mr. Wang from Anhui. The winner of the monthly draw was a Mr. Wang from Beijing. All the winners were from Mainland China. SJM Holdings Ltd., operator of the casino-hotel, in a filing with the Hong Kong Stock Exchange in February announced that its profit from last year was HK$2.47 billion, a 63.4 per cent year-on-year drop compared to the HK$6.73 billion reported in 2014, reported Business Daily. For the full year of 2015, SJM Holdings saw its gaming revenue drop by 38.7 per cent compared to the previous year, at HK$48.59 billion, compared to the HK$79.27 billion generated in the previous year. EBITDA (Adjusted earnings before interest, taxation, depreciation and amortization) fell 50.3 per cent to approximately HK$3.86 billion.
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