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GGRAsia – Grand Lisboa Palace has passed final inspections: SJM

Macau casino operator SJM Holdings Ltd says its Cotai property, the HKD39-billion (US$5-billion) Grand Lisboa Palace (pictured), has now passed the government’s “final inspections”. The comments were made by SJM Holdings’ chief executive, Ambrose So Shu Fai, in the company’s annual report issued on Thursday. “At Grand Lisboa Palace, we have passed several of the final government inspections, and we expect to receive our operating permit soon,” stated Mr So. The firm has anticipated the Cotai project will open “during the first half of 2021,” according to previous corporate information. The CEO added: “The subsequent opening of the Grand Lisboa Palace will relieve some of the cost pressures on our existing operation, as we will be able to transfer a large number of current employees to the new property.”

How billionaire s daughter Josie Ho became Hong Kong cinema s queen of controversy

How billionaire s daughter Josie Ho became Hong Kong cinema s queen of controversy
telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.

Success Universe Group Limited records mounting debt

In Macau and local casino firm Success Universe Group Limited has reportedly disclosed that it lost approximately $18.3 million last year due in large part to the temporary coronavirus-related shutdown of its five-star Ponte 16 Resort Macau venue. According to a report from Inside Asian Gaming, the final depressing tally represents a decrease of almost 300% year-on-year when compared with the about $9.5 million profit the Hong Kong-listed company made in 2019 to take the combined annual deficit for itself and its Pier 16 Property Development enterprise up to $18.7 million. Considerable credit: Pier 16 Property Development, which runs the waterfront Ponte 16 Resort Macau, with the remaining majority stake controlled by an entity of Macau casino behemoth

Top 10 Casino Restaurants Ever - World s Best Casino Restaurants

Top 10 Casino Restaurants Ever - World s Best Casino Restaurants
casino.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from casino.org Daily Mail and Mail on Sunday newspapers.

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