Macau's SJM takes a gamble with HK$25bn loan

adimas - Fotolia

Macau casino operator SJM Holdings has enlisted one bank to sound out lenders for a HK$25bn ($3.2bn) loan for a new project in the city. Although the gaming industry in Macau is experiencing a lean period, loans bankers are expected to place their bets on SJM’s strong market position.