In Macau, local casino giant SJM Holdings Limited has reportedly revealed that its re-opening Casino Jai Alai will feature “about 30 to 40” mass-market gaming tables due to be transferred from the firm’s existing stable.
According to a report from GGRAsia, the revelation came from Angela Leong On Kei, Managing Director for SJM Holdings Limited, earlier this week during a sponsored charity event before the disclosure was subsequently reinforced by the firm’s Chief Executive Officer, Ambrose So Shu Fai.
GGRAsia reported that no mention was made as to which Macau properties would be sacrificing tables for Casino Jai Alai as the downtown property’s former portfolio was absorbed into the group’s overall inventory at the time it was “temporarily” closed for renovations in late-2012.
So Shu Fai stated that Hong Kong-listed SJM Holdings Limited is also set to consider whether to add VIP gaming tables to the revamped property with the final decision due to depend on “market conditions”.
SJM Holdings Limited earlier declared that it expects to re-open Casino Jai Alai, which is located across the street from Casino Oceanus At Jai Alai and near the Outer Harbour Ferry Terminal, early next year complete with a new 132-room hotel and a casino featuring some 100 slots. Brokerage firm Daiwa Securities Group Incorporated estimated that SJM Holdings Limited will have spent approximately $128.9 million on the revamp, which is to moreover see an attached shopping mall inaugurated alongside an outlet of The Grand Buffet restaurant.
“There will be some special local restaurants [at Casino Jai Alai] especially for helping micro, small and medium-sized companies here,” said Leong On Kei.
GGRAsia reported that The Grand Buffet had been a feature at SJM Holdings Limited’s flagship Grand Lisboa property but closed in 2014 with its only remaining outlet located in nearby Hong Kong’s Hopewell Centre.