Greek Mythology returns tables to SJM

Hong Kong-listed gaming investment company Amax Holdings Ltd confirmed yesterday in a filing that Greek Mythology Casino, where it has a stake of 24.8 percent, had returned 40 gaming tables to SJM Holdings Ltd. Greek Mythology Casino is a third-party property, operating under SJM Holdings’ casino licence. The tables were returned in August and represented roughly one third of the total inventory in Greek Mythology Casino. Amax considers returning the tables will have a “material adverse financial impact” on the company, potentially translating into a reduction in share of profit from the Greek Mythology Casino of approximately HK$80 million (US$10.3 million) per year.