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SJM to spend HK$30b on Macau casino resort due to higher costs

[HONG KONG] SJM Holdings Ltd, Asia's biggest casino operator, will spend HK$30 billion (S$4.9 billion) to build its first resort in Macau's Cotai area, HK$5 billion more than planned because of higher construction and labour costs.

SJM broke ground yesterday on Lisboa Palace, which will...

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