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Event Brief

SJM cancels Ponte 16 acquisition, seeks L’Arc Macau deal

SJM Holdings halts acquisition of Ponte 16 amid new gaming laws, focusing on L’Arc Macau instead.
WHO: SJM Holdings
WHAT: Cancelled acquisition of Ponte 16, pursuing L’Arc Macau deal
WHEN: Nov 19, 2025 at 7:00 PM ET
WHERE: Macau
WHY: Revised gaming laws and business review

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