Gaming mogul Stanley Ho Hung Sun’s son Arnaldo Ho Yau Heng announced yesterday that he will open a HK$5-billion Macau-themed resort called Lisboeta in 2020, just across the road from the luxury Grand Lisboa Palace in Cotai.
Grand Lisboa Palace, developed by SJM that was founded by his father, is a casino-hotel complex in Cotai due to open next year.
Lisboeta, according to the young Ho, means “citizen of Lisboa”, and represents the bond between Lisbon and Macau. In Cantonese, the resort will be known as “pouking yan”.
This undated handout photo provided by Lisboeta Macau shows the construction site of the three-hotel integrated resort, next to the Macau East Asian Games Dome (left) in Cotai.
Lisboeta founder and Macau Theme Park and Resort Limited Director Arnaldo Ho Yau Heng poses during yesterday’s press conference held at Grand Lisboa Hotel. Photo: Monica Leong
