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Local Name:
上葡京
Budget:
4.6B
Announced:
2013
Construction Start:
13 Feb 2014
Opening:
2021
Location:
Area:
6 ha
Developer:
SJM Holdings Limited
Operator:
SJM Holdings Limited
Consultants:
Designers:
Contractors:
Ride Suppliers:
Other Suppliers:
  1. ResortsAhoy is offline resortX Top Investigator
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    SJM Deputy Chairman and Chief Executive Su Shuhui said that the group’s performance in the last quarter continued to be affected by the severe contraction of the tourism industry under the epidemic however there are signs of picking up in the amount spent by tourists.

    SJM announced that the adjusted EBITDA for the third quarter was negative HK$782 million, a slight improvement from the second quarter. During the period, the group continued to make a loss, with a loss of 1.031 billion yuan. In the first nine months of this year, SJM's adjusted EBITDA was negative 1.766 billion yuan and a net loss of 2.444 billion yuan.

    Su Shuhui mentioned that the construction of Grand Lisboa Palace has been completed and the group is waiting for the local government agency to notify the final acceptance date of the project in November 2020. The project is expected to open in the first quarter of 2021.
    Source: http://www.takungpao.com/finance/236133/2020/1030/514397.html

  2. mrg
    mrg is offline resortX Top Investigator
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  3. Researcher is offline Curious Chap
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    Completed, but on hold.

    Grand Lisboa Palace has finished construction, but the $5 billion integrated resort still hasn’t welcomed its first guest. The Palace is SJM Holdings’ first investment on Macau’s Cotai Strip.
    SJM Holdings said the integrated resort casino would open by the end of 2020, according to security filings made in July with the Hong Kong Stock Exchange. But this week, billionaire Angela Leong, Ho’s fourth wife, stated there’s no concrete opening date for Grand Lisboa Palace.

    We’ll adapt to suit client needs, and we will see how Macau’s market conditions evolve,” Leong stated.

    There is no online presence for Grand Lisboa Palace where future guests can book their stays.
    Source:
    https://www.casino.org/news/grand-lisboa-palace-finished-but-macau-casino-no-opening-date/

  4. mrg
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  5. mrg
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  6. mrg
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  7. mrg
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  8. mrg
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