SJM’s first integrated resort in Cotai, Grand Lisboa Palace, is in the final stages of licensing, said Maria Helena de Senna Fernandes, director of the Macau Government Tourism Bureau (MGTO) today (Tuesday).

“Inspections have been done, of course there are some things they need to adjust, or some opinions from certain departments, but I think most of them are already done. I can’t say exactly how long it will take as it doesn’t just depend on MGTO. There are departments like the Land, Public Works and Transport Bureau (DSSOPT) that have some final work to do, ”said Fernandes after the inauguration ceremony of the new Grand Prix Museum.

“We are still waiting for the final green light from some departments and then of course the licenses can be issued, not only the hotel license, but also many restaurants and other facilities in the hotel itself. There are quite a few of them”.

The SJM management previously announced that its first new property has already completed the required inspections and is only waiting for the licenses to be handed over, with a possible opening planned by the end of June.

The Grand Lisboa Palace will offer a total of around 1,900 hotel rooms and suites in three hotel towers – the Grand Lisboa Palace, the Palazzo Versace and the Karl Lagerfeld – as well as facilities for meetings and conferences, shopping, gastronomy, gaming and entertainment.

The property is expected to open initially with just 300 hotel rooms in the main hotel and limited retail, noted Bernstein, with its two high-end boutique hotels and other facilities not expected to open until the second half of 2020.

Gambling authorities are also expected to assign 150 to 200 gaming tables to their future integrated resort, Grand Lisboa Palace, a number similar to other recently opened Cotai properties, brokerage firm Sanford C. Bernstein said in a statement.