Xin Lang Cai Jing·2025-12-29 00:31Core Viewpoint - 澳博控股 has announced the acquisition of the company owning the renowned Grand Lisboa Hotel, enhancing its position in Macau's entertainment and hotel sector [1][6]. Group 1: Acquisition Details - On November 20, 2025, 澳博控股 announced an agreement with SJM Investments to acquire the Grand Lisboa Development Company, which owns the Grand Lisboa Hotel [1][6]. - The Grand Lisboa Hotel has a total construction area of approximately 86,438 square meters, including hotel rooms, dining facilities, retail space, and the Grand Lisboa Casino [1][6]. - The acquisition was completed on December 17, 2025, and the target group companies became wholly-owned subsidiaries of 澳娱综合 [1][6]. Group 2: Operational Changes - Following the completion of the acquisition and approval from the gaming authority, 澳娱综合 will directly manage and operate the Grand Lisboa Casino starting from December 30, 2025 [1][6]. - 澳娱综合 has taken over the hotel services, dining facilities, retail, and gaming operations at the Grand Lisboa Hotel [1][6]. Group 3: Strategic Implications - The acquisition allows 澳娱综合 to strengthen its position in a high-density commercial entertainment hub, maintaining core customer sources in the Macau Peninsula [1][6]. - The company aims to enhance synergy with its existing "Pousada" properties, optimizing customer flow and expanding market coverage [1][6]. Group 4: Long-term Vision - 澳娱综合 is focused on the long-term development of Macau, promoting urban renewal, improving tourism service quality and diversity, and supporting Macau's role as a "World Tourism and Leisure Center" [2][7].