The latest news on the gaming industry in Asia

Slideshow | Opening of Grand Lisboa Palace

  • The HKD39-billion (US$5-billion) Grand Lisboa Palace casino resort, by Macau-based gaming operator SJM Holdings Ltd, began operations on Friday (July 30)
  • The Cotai property opened doors at 12 noon following a blessing ceremony held at one of its entrances
  • SJM Holdings received a total of 150 new-to-market gaming tables from the local regulator for Grand Lisboa Palace
  • The first phase of the Cotai scheme includes some 300 guest rooms at the Grand Lisboa Palace Macau hotel
  • Some of the property’s restaurants are already open to public
  • Grand Lisboa Palace will be opened in stages, according to SJM Holdings. Management plans to have the full property operational by end-2021

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”The lockdowns, movement restrictions and temporary closure of gaming operations have tremendously affected our revenues, but Pagcor and our licensed casinos will continue to support the government in helping Filipinos in need"

Andrea Domingo
Chairman and chief executive of Philippine Amusement and Gaming Corp