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Tag Archives: Lisboa Palace

China – Record breaking SJM unveils Lisboa Palace

As it broke ground on its latest project in Cotai, Macau’s biggest casino operator; SJM Holdings, has reported growth of 14 per cent in net profit for 2013, beating analysts’ predictions and surpassing its previous results. Net profit in 2013 came in at HK$7.7bn ($992m) up from HK$6.7bn in 2012, beating forecasts of HK$7.6bn from…

China – SJM kick-starts Cotai casino project

Sociedade de Jogos de Macau (SJM) has started work on its latest casino project in Macau, breaking ground on its US$3.9bn Lisboa Palace, its first development in the Cotai area. The French-themed Lisboa Palace will offer 700 tables and 1,200 slots. Set to open in 2017, it will have three hotels with more than 2,500…