Grand Lisboa Palace partial opening announced for July 30

Daisy Ho Chiu Fung, SJM Holdings chairman, has said Grand Lisboa Palace will one of its hotel towers with 300 rooms.

Macau.- It was expected that Grand Lisboa Palace would finally open by September, and it seems it could be happening as early as this week.

Daisy Ho, SJM chairman and executive director, has said that the new venue will hold a partial opening on Friday, July 30. It will open one of the towers with 300 rooms at the HK$39bn (US$5bn) development.

Ho also revealed that the venue has received approval for 150 gaming tables. The company is still analysing how many of those will be available on opening.

Ho said: “We will slowly increase the number of rooms according to actual demand, that’s the plan. The second phase will depend on the pandemic and travel restrictions. We hope that by the end of this year we should be able to open up entirely.”

When complete Grand Lisboa Palace will have around 2,000 hotel rooms split between three venues: The Lisboa Palace Hotel, Palazzo Versace Macau, and Karl Lagerfeld Hotel luxury boutique hotel.

It will have 27,000 square metres of gaming floor space (290,000 sq ft) for up to 700 gaming tables and 1,200 electronic gaming machines.

SJM Resorts to manage Diamond Casino at Holliday Inn hotel

Due to losses caused by the Covid-19 pandemic, SJM Resorts has decided to take over the management of the Diamond Casino. According to Allin Media, the casino reported no income for 18 months and operations were to cease on July 31.

The Diamond Casino is one of SJM’s satellite casinos. It holds 28 gaming tables and 48 slot machines, plus VIP rooms.

SJM also wants to operate a casino at the Lisboeta, located next to the Macau East Asian Games Dome.

The Lisboeta is part of a bigger project, the Macau Theme Park and Resort, or Lisboeta Macau Park. The project is being led by Arnaldo Ho Yau Heng, son of SJM Holdings’ executive director Angela Leong On Kei.

The Macau Government Tourism Office (MGTO) awarded Lisboeta Hotel with a 4-star licence last August.