SJM looks beyond its gambling

Business | Tereza Cai 22 May 2019

The chairwoman of SJM (0880), Daisy Ho Chiu-fung, says more than 90 percent of the area in Grand Lisboa Palace, which is expected to open in the middle of this year, will provide non-gambling services.

There are three hotels in Grand Lisboa Palace -- one of which is designed by the late fashion designer Karl Lagerfeld -- which could offer more than 1,900 rooms, Ho said, adding that she hoped that Macau could become a famous place for training hotel workers like Switzerland.

Ho admitted that Macau's transport is facing challenges as the city annually welcomes 40 million visitors, and she expects to promote walking by visitors instead of using vehicles. She also cited her father who once said that even if the 40-year monopoly franchise of casinos ended, they would continue in Macau, and would make large investments in Macau.

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