{"id":16319,"date":"2021-03-29T16:06:10","date_gmt":"2021-03-29T16:06:10","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=16319"},"modified":"2026-04-23T20:46:48","modified_gmt":"2026-04-23T23:46:48","slug":"sjm-confirms-grand-lisboa-palace-will-open-in-first-half-of-2021","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/sjm-confirms-grand-lisboa-palace-will-open-in-first-half-of-2021","title":{"rendered":"SJM confirms Grand Lisboa Palace will open in first half of 2021"},"content":{"rendered":"\n

SJM Holdings’ co-chair and executive director has confirmed that Grand Lisboa Palace is close to launch.<\/p>\n\n\n\n\n\n\n\n

Macau.- SJM Holdings\u2019 co-chairman and executive director, Angela Leong On Kei<\/strong>, has told local media the company’s new Cotai integrated resort<\/a><\/em>, Grand Lisboa Palace, remains on course to open in the first half of this year<\/strong>.<\/p>\n\n\n\n

Construction on the HKD39bn (US$5bn) project is complete and the Grand Lisboa Palace was undergoing “final inspections\u201d <\/strong>by the Macau government, she said.<\/p>\n\n\n\n

The casino was originally due to open in 2017<\/strong>\u00a0but has faced multiple delays over the years. <\/p>\n\n\n\n

According to investment bank JP Morgan<\/strong>, the gaming facilities at Grand Lisboa Palace could open in one go<\/strong>. However, some hotel space and other non-gaming offers might have a staggered opening<\/strong>.<\/p>\n\n\n\n

Grand Lisboa Palace to “redefine travel and leisure”<\/h2>\n\n\n\n

According to SJM’s promotional blurb, the Grand Lisboa Palace “will redefine travelling and leisure experiences<\/strong>, giving new meaning to what’s already legendary.”<\/p>\n\n\n\n

The project boasts around 2,000 hotel rooms<\/strong> split between 3 structures – The Lisboa Palace Hotel, Palazzo Versace Macau, and Karl Lagerfeld Hotel luxury boutique hotel.<\/p>\n\n\n\n

It will also offer 27,000 square metres of gaming floor space <\/strong>(290,000 sq ft) with up to 700 gaming tables and 1,200 electronic gaming machines<\/strong>.<\/p>\n\n\n\n

Check out our guide to some of the best casinos in Macau<\/a><\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"

SJM Holdings’ co-chair and executive director has confirmed that Grand Lisboa Palace is close to launch.<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"SJM Holdings' Grand Lisboa Palace, a HKD39bn integrated resort in Macau's Cotai district, is nearing its long-awaited launch, with construction complete and final government inspections underway. Co-chair Angela Leong On Kei confirmed the property is on track for a first-half opening, featuring 2,000 hotel rooms and 27,000 square metres of gaming space. This opening is poised to significantly impact Macau's competitive gaming landscape.","focusai_entities":"SJM Holdings, Angela Leong On Kei, Grand Lisboa Palace, JP Morgan, The Lisboa Palace Hotel, Palazzo Versace Macau, Karl Lagerfeld Hotel","focusai_location":"Macau, Cotai","focusai_target_profile":"ceo_executive (1.0), regulator (0.9), compliance_legal (0.8), operator_casino (1.0), affiliate_publisher (0.7), product_ux (0.7), tech_data (0.7), marketing_crm (0.9), payments_fraud_aml (0.7), investor_analyst (1.0), gambler_consumer (0.7), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"SJM Market Share Impact","query":"What is JP Morgan's revised projection for SJM Holdings' GGR market share in Macau post-Grand Lisboa Palace's full operational launch, considering the staggered opening of non-gaming amenities?"},{"label":"Regulatory Approval Timeline","query":"What specific regulatory milestones and compliance certifications remain outstanding for Grand Lisboa Palace, and what is the estimated timeline for final approval from the Macau government?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23808,23906,23108],"class_list":["post-16319","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-grand-lisboa-palace","tag-macau-casinos","tag-sjm-holdings"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=16319"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16319\/revisions"}],"predecessor-version":[{"id":16354,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16319\/revisions\/16354"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=16319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=16319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=16319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}