{"id":29177,"date":"2016-05-24T08:57:21","date_gmt":"2016-05-24T08:57:21","guid":{"rendered":"http:\/\/www.gaming-awards.com\/NEWS\/?p=29177"},"modified":"2016-05-24T08:57:21","modified_gmt":"2016-05-24T08:57:21","slug":"sjm-lower-gaming-table-requirement-for-new-resort","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/sjm-lower-gaming-table-requirement-for-new-resort\/","title":{"rendered":"SJM lower gaming table requirement for new resort"},"content":{"rendered":"

\"SJM\"<\/a>SJM Holdings Chief Executive Ambrose So Shu Fai said the company is planning to apply for \u201c400 to 500\u201d new live gaming tables for the under-construction Grand Lisboa Palace in Cotai.<\/p>\n

Previously the firm had said it would look at asking for 700 tables but that figure has dropped and the new application will be put in once the completion of the new resort is nearing completion.<\/p>\n

Grand Lisboa Palace is scheduled to be completed by the end of next year, but in 2014 when SJM executive break ground on the construction it said that they will apply for 700 tables and some 1,200 slot and gaming machines.<\/p>\n

However many analysts believe that SJM along with the other the other resorts being built in Cotai will be given 250 tables each, which will include Wynn Palace from Wynn Macau Ltd;\u00a0Parisian Macao from Sands China Ltd;\u00a0MGM Cotai from MGM China Holdings Ltd; and Grand Lisboa Palace.<\/p>\n

Last year Studio City operated by Melco Crown Entertainment and Phase 2 of Galaxy Macau were both given 250 tables each when opening their new resorts.<\/p>\n

Mr So said on Friday that SJM Holdings\u00a0would wait for the government\u2019s table allocation for Grand Lisboa Palace before looking into the possibility of shifting tables from some of its other Macau casinos to the Cotai property. The latter scenario would be in case SJM Holdings did not receive enough new gaming tables for Grand Lisboa Palace.<\/p>\n

The SJM Holdings chief executive told reporters\u00a0that it was still \u201chard to predict\u201d whether the Grand Lisboa Palace project would\u00a0face any construction delays. He said the project so far was\u00a0progressing as scheduled.<\/p>\n","protected":false},"excerpt":{"rendered":"

SJM Holdings Chief Executive Ambrose So Shu Fai said the company is planning to apply for \u201c400 to 500\u201d new live gaming tables for the under-construction Grand Lisboa Palace in Cotai. Previously the firm had said it would look at asking for 700 tables but that figure has dropped and the new application will be […]<\/p>\n","protected":false},"author":5,"featured_media":28409,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,11,8,7],"tags":[],"class_list":["post-29177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gaming","category-headlines","category-latest","category-macau"],"yoast_head":"\nSJM lower gaming table requirement for new resort - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/sjm-lower-gaming-table-requirement-for-new-resort\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SJM lower gaming table requirement for new resort - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"SJM Holdings Chief Executive Ambrose So Shu Fai said the company is planning to apply for \u201c400 to 500\u201d new live gaming tables for the under-construction Grand Lisboa Palace in Cotai. 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