• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Police probe Saturday fire at Grand Lisboa Palace site

Sep 25, 2017 Newsdesk Latest News, Macau, Top of the deck  


Police probe Saturday fire at Grand Lisboa Palace site

Macau’s Judiciary Police are investigating a fire that broke out on Saturday at the Grand Lisboa Palace construction site on Cotai as a possible case of arson. It was the second time this year that a fire at the site had been reported to the authorities: the first blaze was in March.

The Grand Lisboa Palace gaming resort project is being developed by local casino operator SJM Holdings Ltd.

A total of 88 construction workers had to be evacuated from the site because of Saturday’s blaze, according to local media. One site worker was taken to hospital for medical treatment after being rescued by firefighters. A firefighter also went to hospital following the incident.

At the time this story went online, SJM Holdings had yet to comment regarding whether the fire would delay construction work at Grand Lisboa Palace or put back the completion date for the project, according to media reports.

The fire reportedly broke on Saturday night and was put out by early Sunday morning. The latest incident was the fourth fire since 2015 at the construction site, according to local media.

The March blaze was also investigated as suspected arson, local media reported at the time, citing the Judiciary Police. No result from the investigation has been publicly announced so far.

Work on the HKD36-billion (US$4.6-billion) Grand Lisboa Palace was suspended by the Macau government for 44 days this summer after the death of a worker on June 18.

Work restarted on August 2, with Ambrose So Shu Fai, SJM Holdings’ chief executive, stating that day the firm would “readjust the construction programme and try to catch up” with its stated target of a second-half 2018 launch.

Brokerage Sanford C. Bernstein Ltd stated in a note issued last month that it was “very unlikely” that SJM Holdings would be able to stick to its plan to open its new Cotai casino resort in the second half of 2018. “Based on our research, we estimate that the property will not open until early 2019,” said the memo from Sanford Bernstein’s analysts Vitaly Umansky and Zhen Gong.

Photo: video still from Macau public broadcaster TDM


  • tweet
Related articles
  • Casino op SJM 2024 EBITDA to hit US$510mln: Moody’s
    Casino op SJM 2024 EBITDA to hit...

    Mar 22, 2023  

  • SJM Holdings to sponsor Macao Golf Open for next 3 years
    SJM Holdings to sponsor Macao Golf Open...

    Mar 21, 2023  

More news
  • Main-building work at Naga 3 begins mid-2023: NagaCorp
    Main-building work at Naga 3 begins...

    Mar 24, 2023  

  • Macau diversification into non-gaming to remain slow: Fitch
    Macau diversification into non-gaming...

    Mar 24, 2023  


Latest News

Main-building work at Naga 3 begins mid-2023: NagaCorp

Main-building work at Naga 3 begins mid-2023: NagaCorp

Mar 24, 2023  

Piling work for Naga 3, an addition to the NagaWorld gaming complex in Cambodia’s capital Phnom Penh, was at “96 percent completion”, said the promoter’s 2022 annual report, issued on...
Read More
Macau diversification into non-gaming to remain slow: Fitch

Macau diversification into non-gaming to remain slow: Fitch

Mar 24, 2023  

Osaka to up ‘gambling addiction’ centres before IR opens

Osaka to up ‘gambling addiction’ centres before IR

Mar 24, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


April 8, 2028

Completion deadline for 'Marina Bay Sands 2.0', as authorised by Singapore’s authorities



Most Popular

  • Sands China woos Singaporeans as Air Macau opens routeSands China woos Singaporeans as Air Macau opens route March 23, 2023
  • Macau diversification into non-gaming to remain slow: FitchMacau diversification into non-gaming to remain slow: Fitch March 24, 2023
  • Main-building work at Naga 3 begins mid-2023: NagaCorpMain-building work at Naga 3 begins mid-2023: NagaCorp March 24, 2023
  • LVS gets 1-year extension for Marina Bay Sands 2.0 startLVS gets 1-year extension for Marina Bay Sands 2.0 start March 24, 2023
  • March 18 Macau arrivals nearly 100k, best since pandemicMarch 18 Macau arrivals nearly 100k, best since pandemic March 23, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us