Kam Pek Paradise shutdown marks final phase of city’s satellite casino exit

Kam Pek Paradise shutdown marks final phase of city’s satellite casino exit

Summary

Macau’s Kam Pek Paradise closed at 23:59 on 1 December 2025, completing a major phase of the city’s move away from the satellite casino model. The closure follows changes to Macau’s Gaming Law requiring all casinos to be directly run by concessionaires from 2026. Kam Pek, operated under an SJM Resorts Ltd licence and managed by Paradise Entertainment Ltd, opened in 2007 and was notable for its electronic-gaming focus across a 200,000 sq ft downtown site.

SJM says gaming tables and machines from Kam Pek will be redeployed to its self-promoted casinos and customers can redeem chips and deposits at other SJM venues from 2 December 2025. Authorities are coordinating staff relocations for 584 employees alongside the Labour Affairs Bureau. The closure is part of a wider consolidation: Ponte 16 recently shut, Casino Fortuna is set to close on 10 December, and other satellite venues have already ceased operations, while L’Arc remains after SJM agreed to buy its hotel asset.

Key Points

  • Kam Pek Paradise shut at midnight on 1 December 2025 to comply with Macau’s amended Gaming Law No. 7/2022.
  • The venue generated HKD382.6 million in revenue in H1 2025 and made up more than 75% of Paradise Entertainment’s revenue.
  • SJM will redeploy all gaming tables and machines to its core casinos and honour customer entitlements; redemptions available at other SJM venues from 2 December.
  • The regulator (DICJ) and Labour Affairs Bureau are coordinating the relocation or reassignment of 584 employees from Kam Pek.
  • Kam Pek’s closure follows other recent satellite exits (including Ponte 16, Legend Palace and Casa Real) as Macau phases out third-party satellite partnerships from 2026.
  • SJM is consolidating operations as part of a disciplined, long-term capital and restructuring plan, including selective asset purchases such as L’Arc Hotel.

Context and relevance

Macau’s shift ends a long-standing model where third-party investors ran satellite venues and split revenue with concessionaires. The enforcement of the amended gaming law marks a structural change for the market, concentrating operations within concessionaires’ core properties. This has immediate operational implications (equipment redeployment, staff reassignment) and strategic consequences for investors, operators and suppliers who relied on the satellite model.

Author style

Punchy: This is a significant turning point for Macau’s land-based gaming sector. If you follow Asia gaming policy, casino operations or regional investment flows, the detail matters — the closures show regulatory teeth and will reshape where revenues and footfall concentrate in Macau.

Why should I read this?

Short and sharp — this isn’t just another casino closing. It’s the practical wrap-up of a policy shift that will rewire Macau’s industry, affect dozens of venues and hundreds of jobs, and change where operators put capital. If you want the who, what and what happens next without wading through official statements, this saves you time.

Source

Source: https://www.yogonet.com/international/news/2025/12/02/116566-kam-pek-paradise-shutdown-marks-final-phase-of-citys-satellite-casino-exit

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