Gaming operator SJM Holdings Ltd. does not plan to establish VIP gaming rooms in its new Cotai project Lisboa Palace for now, the company’s executive director Angela Leong On Kei said.
The businesswoman told reporters on Sunday that the establishment of VIP rooms in the new casino-resort would be dependent upon market development and demand, according to Chinese language newspaper Macao Daily.
Previous filings of SJM with Hong Kong Stock Exchange indicated that its new Cotai project is expected to accommodate some 700 gaming tables and 1,000 slot machines.
Claiming gaming elements will only occupy some 10 per cent of area inside the new casino-resort project, the SJM executive director also told reporters the company is observing the non-gaming elements that other gaming operators have developed as SJM hopes to introduce new non-gaming elements in its new project.
Meanwhile, commenting upon the upcoming policy address of Chief Executive Fernando Chui Sai On Ms. Leong said she hopes the government can conduct more measures to support and diversify the development of the local gaming industry.
Lisboa Palace, the construction of which was started in February 2014 at an estimated cost of HK$30 billion, is expected to open in 2017. The new casino-resort will have three hotels, including a Karl Lagerfeld Hotel and a Palazzo Versace Macau, offering some 2,000 rooms.


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