Supplier News
China – SJM reactivates Taipa licence
By Phil - 21 November 2016
SJM Holdings has re-opened its Casino Taipa in the Regency Art Hotel for the first time in eight years.
The small property is located in Taipa, close to Altira Macau, and houses five gaming tables and 112 electronic gaming seats.
It closed in 2008 before the development of Taipa as a gaming strip.
Union Gaming analyst Grant Govertsen said: “We believe there is a framework for a gaming license to sit dormant for some period of time. For example, SJM’s 3rd-party promoted Greek Mythology casino also seems to be in a similar state today with the potential to reopen in the future. Per SJM’s license contract as published on the official Macau Gazette, we believe there are two other SJM self-promoted casinos, Casino Marina (located nearby Galaxy’s Broadway in Cotai) and Casino Macao Palace (the old floating casino that historically was nearby the ferry terminal on the peninsula), which also appear to have dormant licenses.”
