Reuters logo
Casino operator SJM says gets green light for Cotai project
May 15, 2013 / 4:31 AM / in 4 years

Casino operator SJM says gets green light for Cotai project

HONG KONG, May 15 (Reuters) - Macau casino operator SJM Holdings Ltd said the Macau government has given it the go-ahead for a project on the Cotai strip in the gambling hub and that the land concession contract was published in the official gazette of Macau on Wednesday.

In a filing to the Hong Kong bourse, SJM said the land concession contract permits the company to develop a complex comprising a five-star hotel with gaming areas, and allows it to operate and manage gaming operations at the Cotai project.

SJM said it intended to build and operate a casino resort containing about 700 gaming tables and 1,000 slot machines and about 2,000 hotel rooms.

For statement clicks here

Reporting by Donny Kwok; Editing by Anne Marie Roantree

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below