Lisboa Palace is to be yet another glitzy integrated resort that would adorn Macau’s Cotai Strip, known to be the Asian equivalent of the Las Vegas Strip. SJM Holdings, one of the six casino operators that have been authorized to operate gambling venues on the territory of the former Portuguese colony, is in charge of the $3.9-billion project. In fact, this would be the company’s first facility on the Cotai Strip.
SJM Holdings broke ground on the property on February 13, 2014. Earlier this year, the company announced that the first year of construction was a quite successful one and that the project was on schedule for the targeted 2017 opening.
Aiming to attract high rollers from the Asia-Pacific region, Lisboa Palace would feature a large casino floor with as many as 1,000 slot machines and 700 gaming tables.
Apart from the gaming space, the complex would also offer to visitors three five-star hotels, with the Karl Lagerfeld- and Versace-branded ones being among those. They would have 270 luxury rooms each. A number of food and beverage, entertainment, and retail options would also be among Lisboa Palace’s features.
International award-winning architectural firm Wimberly, Allison, Tong & Goo (WATG) was in charge of the multi-billion-dollar property’s design. Generally speaking, both Lisboa Palace’s exterior and interior would represent a mixture of European architectural elements with typically Chinese ones.