The Casino Grandview in Taipa will shut its doors permanently at midnight this Wednesday, as part of SJM’s plan to scale back its satellite casino operations ahead of regulatory changes set to take effect in 2026, according to a statement from the concessionaire on Monday.
SJM said the earlier-than-expected closure was in line with the group’s “overall business planning and commercial considerations.” In June, the company announced that 7 of its 9 satellite casinos would cease operations by the end of the year, with only Ponte 16 and L’Arc expected to continue – pending their acquisition and integration into SJM’s directly managed portfolio.
According to the statement, SJM will retain all Grandview staff on its payroll, reassigning them to other company-run casinos based on operational needs. The company also stated that employees hired directly by the venue’s promoter would be invited to apply for vacancies within SJM.
[See more: Where will low-stakes gamblers go when Macao’s satellite casinos close?]
Gaming tables from Casino Grandview will be reallocated to other properties under SJM’s management, the concessionaire said. Customers with unredeemed chips, deposits, or cash rebates from the venue can redeem them at Casino Casa Real, on the Macao peninsula, from 31 July. The company noted that all customer entitlements would be “duly honoured.”
Casino Grandview and Casa Real are both promoted by Hong Kong’s Kingston Financial Group but operate under SJM’s licence. Other SJM-linked satellites still operating include Casino Emperor Palace, Fortuna, Kam Pek Paradise, Landmark, and Legend Palace.
The closure comes amid a citywide restructuring of the satellite casino model under Macao’s revamped gaming laws. A grace period has been in place since 2023 and will expire at the end of this year. The Gaming Inspection and Coordination Bureau (DICJ) has said it will monitor the closure process and coordinate with the Labour Affairs Bureau to ensure employee rights are upheld.
[See more: Satellite casinos in Macao: what their closure means for the future]
There are 11 satellite casinos currently operating in the city. The other two, licensed by Melco and Galaxy Entertainment, will also wind up operations at the end of the year.
Analysts say the closures are unlikely to significantly affect the overall gaming sector, as gaming tables are expected to be redistributed across concessionaire-owned properties. The satellite casinos mainly cater to local and Hong Kong punters placing lower-stakes bets than are common at concessionaire-run properties.
