SJM Resorts unveiled the Palazzo Versace hotel in Macau in April 2024, according to a Tatler Asia profile of the company's managing director, Daisy Ho1. SJM is described as a leading operator of integrated entertainment resorts in Macau1.
The profile lists the Palazzo Versace alongside two other SJM properties, the Grand Lisboa Palace Resort and the Grand Lisboa hotel and casino, describing them as the company's iconic properties1. No further details of the hotel, including its size, opening date within April, facilities or gaming floor, appear in the source1.
Ho is the managing director of SJM Resorts and also serves as chairman of the board of governors of the Hong Kong Ballet, a post she was re-elected to in 20201. She holds an MBA in Finance from the University of Toronto and a BSc in Business Administration from the University of Southern California1.
"Ho is also the managing director of SJM Resorts, a leading operator of integrated entertainment resorts in Macau, known for its iconic properties such as the Grand Lisboa Palace Resort, the Grand Lisboa hotel and casino and the Palazzo Versace hotel, which it unveiled in April 2024."
The source does not state whether the Palazzo Versace includes a casino, how many rooms it has, or what it cost to build. Those details have not been reported1.
What it means for players
Macau's casino market is built around integrated resorts, where hotels, restaurants, retail and entertainment sit alongside gaming areas. A new property under an international fashion brand adds another venue to the list of places visitors to Macau can stay and, where a gaming area exists, play. Whether the Palazzo Versace itself contains a casino floor is not stated in the available reporting1.
For locals, expats and visitors, the practical points that usually matter at a Macau resort are entry rules, minimum age for the gaming floor, which currencies and chips are accepted, and whether the property is on the Cotai strip or the peninsula. None of that is covered in the source for this property1. General rules on who can enter Macau's casinos and what they can play are set out in our guide to gambling in Macau and our overview of casinos and integrated resorts in Asia.
SJM already operates the Grand Lisboa Palace Resort and the Grand Lisboa hotel and casino, so the Palazzo Versace joins an existing Macau portfolio rather than marking a new market entrant1.
What happens next
No next steps, opening schedule, licensing details or further announcements about the Palazzo Versace are given in the source1. The profile notes separately that in October 2024 the Hong Kong Ballet celebrated its 45th anniversary with its annual gala, co-chaired by Ho, a date that falls after the hotel's April 2024 unveiling1.
Sources1 sources
- Daisy Ho | Tatler Asia, tatlerasia.com
