{"id":181165,"date":"2021-07-28T09:55:16","date_gmt":"2021-07-28T16:55:16","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=181165"},"modified":"2021-07-28T14:13:40","modified_gmt":"2021-07-28T21:13:40","slug":"5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/","title":{"rendered":"Grand Lisboa Palace $5B Casino Opening July 30, Cotai Debut for SJM Resorts"},"content":{"rendered":"

Grand Lisboa Palace on Macau’s Cotai Strip is set to welcome its first casino gamblers on Friday, July 30. Daisy Ho, chairwoman of SJM Holdings, recently announced the planned opening to GGRAsia<\/i>.<\/p>\n

\"Grand
An aerial view looking down on the sprawling Grand Lisboa Palace complex on the Macau Cotai Strip. SJM Resorts will open the resort on July 30, 2021. (Image: SJM Resorts)<\/figcaption><\/figure>\n

Daisy Ho revealed that the integrated resort has been granted 150 table games by the Macau Gaming Inspection and Coordination Bureau. She is one of 17 children of the late Stanley Ho — aka the “King of Gambling.” Stanley Ho controlled a monopoly on casinos in Macau for decades until 1999.<\/p>\n

Come Friday, Ho says around 300 hotel rooms at Grand Lisboa Palace will be available. The complex’s three hotel towers — Grand Lisboa Palace Hotel, Karl Lagerfeld, and Palazzo Versace — collectively feature 1,892 guestrooms and suites.\u00a0<\/span><\/strong><\/p>\n

Built at a cost of HKD39-billion (US$5 billion), the colossal gaming, entertainment, meeting, shopping, and event destination has been finished for many months. But SJM has stalled its opening because of COVID-19.\u00a0<\/span><\/p>\n

Key Cotai Strip Property<\/b><\/h2>\n

Grand Lisboa Palace is SJM’s first casino venture on the Cotai Strip, which is today where the region’s VIPs and high rollers stay and play.<\/p>\n

\n

SJM Holdings, which recently renamed its casino subsidiary<\/a> unit from Sociedad de Jogos de Macau to SJM Resorts, has, for the past two decades, seen its VIP market share decline. Prior to the pandemic, SJM Resorts maintained just a 15 percent control of Macau’s gaming industry. In 2009, SJM controlled a nearly 43 percent share.\u00a0<\/span><\/p>\n<\/div>\n

While SJM is still faring well in terms of mass-market play, the casino operator having a heavy presence in downtown Macau with its Casino Grand Lisboa and operating 17 hotel-casinos for third parties, it’s $5 billion undertaking in Macau is the company’s efforts to regain VIP business<\/a>.<\/p>\n

Ho says she hopes robust demand will warrant Grand Lisboa Palace opening its full complement of hotel rooms in the near future.<\/p>\n

We are hoping that within this year, by the end of the year, we will be able to open up the entire property,”<\/strong> Ho said. “There will be a grand opening ceremony, but that will depend on the existing travel restrictions.”<\/strong><\/p><\/blockquote>\n

Macau remains closed for entry to all foreigners except those coming from mainland China, Hong Kong, and Taiwan.\u00a0<\/span><\/p>\n

Moving Mass Next Door<\/b><\/h2>\n

SJM Resorts has two properties on the Cotai Strip. Along with Grand Lisboa Palace, the casino operator owns the adjacent Lisboeta Macau.\u00a0<\/span><\/p>\n

The non-gaming hotel caters to the general public, not the wealthy mainlander. The 574-room hotel opened earlier this year and has been utilized by the Macau government as a quarantine observation center for incoming travelers.\u00a0<\/span><\/strong><\/p>\n

“Once we’ve opened Grand Lisboa Palace, then we will start looking at that possibility,” Ho said regarding the possibility of implementing a casino at Lisboeta.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Grand Lisboa Palace on Macau’s Cotai Strip is set to welcome its first casino gamblers on Friday, July 30. Daisy Ho, chairwoman of SJM Holdings, recently announced the planned opening to GGRAsia. Daisy Ho revealed that the integrated resort has been granted 150 table games by the Macau Gaming Inspection and Coordination Bureau. She is […]<\/p>\n","protected":false},"author":25,"featured_media":181169,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069],"tags":[],"acf":[],"yoast_head":"\n$5B Grand Lisboa Palace Casino Opening July 30, Cotai Debut for SJM<\/title>\n<meta name=\"description\" content=\"Grand Lisboa Palace, the $5 billion investment from SJM Resorts, is set to open its first casino gamblers on Friday, July 30.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$5B Grand Lisboa Palace Casino Opening July 30, Cotai Debut for SJM\" \/>\n<meta property=\"og:description\" content=\"Grand Lisboa Palace, the $5 billion investment from SJM Resorts, is set to open its first casino gamblers on Friday, July 30.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-28T16:55:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-28T21:13:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-28-at-12.36.01-PM.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"688\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Devin O'Connor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CasinoorgDevinO\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Devin O'Connor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/\",\"url\":\"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/\",\"name\":\"$5B Grand Lisboa Palace Casino Opening July 30, Cotai Debut for SJM\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-28-at-12.36.01-PM.jpg\",\"datePublished\":\"2021-07-28T16:55:16+00:00\",\"dateModified\":\"2021-07-28T21:13:40+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\"},\"description\":\"Grand Lisboa Palace, the $5 billion investment from SJM Resorts, is set to open its first casino gamblers on Friday, July 30.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-28-at-12.36.01-PM.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-28-at-12.36.01-PM.jpg\",\"width\":1200,\"height\":688,\"caption\":\"An ariel view looking down on the sprawling Grand Lisboa Palace complex on the Macau Cotai Strip. SJM Resorts will open the resort on July 30, 2021. (Image: SJM Resorts)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Asia Pacific Gaming\",\"item\":\"https:\/\/www.casino.org\/news\/asia-pacific-gaming\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Grand Lisboa Palace $5B Casino Opening July 30, Cotai Debut for SJM Resorts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\",\"name\":\"Devin O'Connor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png\",\"caption\":\"Devin O'Connor\"},\"description\":\"Devin O'Connor is a senior reporter for Casino.org, covering politics, casino business, entertainment and gaming news on the East Coast. Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. Contact Devin at devin.oconnor@casino.org.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/devinoconnor\/\",\"https:\/\/x.com\/CasinoorgDevinO\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/devin-oconnor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"$5B Grand Lisboa Palace Casino Opening July 30, Cotai Debut for SJM","description":"Grand Lisboa Palace, the $5 billion investment from SJM Resorts, is set to open its first casino gamblers on Friday, July 30.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"$5B Grand Lisboa Palace Casino Opening July 30, Cotai Debut for SJM","og_description":"Grand Lisboa Palace, the $5 billion investment from SJM Resorts, is set to open its first casino gamblers on Friday, July 30.","og_url":"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2021-07-28T16:55:16+00:00","article_modified_time":"2021-07-28T21:13:40+00:00","og_image":[{"width":1200,"height":688,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-28-at-12.36.01-PM.jpg","type":"image\/jpeg"}],"author":"Devin O'Connor","twitter_card":"summary_large_image","twitter_creator":"@CasinoorgDevinO","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Devin O'Connor","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/","url":"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/","name":"$5B Grand Lisboa Palace Casino Opening July 30, Cotai Debut for SJM","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-28-at-12.36.01-PM.jpg","datePublished":"2021-07-28T16:55:16+00:00","dateModified":"2021-07-28T21:13:40+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf"},"description":"Grand Lisboa Palace, the $5 billion investment from SJM Resorts, is set to open its first casino gamblers on Friday, July 30.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-28-at-12.36.01-PM.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-28-at-12.36.01-PM.jpg","width":1200,"height":688,"caption":"An ariel view looking down on the sprawling Grand Lisboa Palace complex on the Macau Cotai Strip. SJM Resorts will open the resort on July 30, 2021. (Image: SJM Resorts)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/5b-grand-lisboa-palace-casino-opening-cotai-debut-sjm\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Asia Pacific Gaming","item":"https:\/\/www.casino.org\/news\/asia-pacific-gaming\/"},{"@type":"ListItem","position":3,"name":"Grand Lisboa Palace $5B Casino Opening July 30, Cotai Debut for SJM Resorts"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf","name":"Devin O'Connor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","caption":"Devin O'Connor"},"description":"Devin O'Connor is a senior reporter for Casino.org, covering politics, casino business, entertainment and gaming news on the East Coast. Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. Contact Devin at devin.oconnor@casino.org.","sameAs":["https:\/\/www.linkedin.com\/in\/devinoconnor\/","https:\/\/x.com\/CasinoorgDevinO"],"url":"https:\/\/www.casino.org\/news\/author\/devin-oconnor\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/181165"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=181165"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/181165\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/181169"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=181165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=181165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=181165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}