Macau Roosevelt Gets Casino License

The Macau Roosevelt Hotel (l.), soon to open on the grounds of the Macau Jockey Club, will include a new casino under the a license from gaming concessionaire SJM Holdings.

Venue will open with 25-plus gaming tables

The new Macau Roosevelt Hotel at the Macau Jockey Club will likely feature 25 to 35 gaming tables and up to 100 slot machines when it opens its doors in the near future.

According to Inside Asian Gaming, the Taipa property recently announced it would host a satellite casino and move from casino management services under Paradise Entertainment to a revenue-sharing agreement with Paradise’s LT Game.

“We believe the new casino at Roosevelt is significantly larger in size than its predecessor and will have a much greater focus on table games,” said Union Gaming analyst Grant Govertsen. “Under the assumption that the Roosevelt casino is with a new service provider entity, the tables would either need to come from SJM’s existing inventory or from the government.”

The hotel—originally slated to open in 2015—will also have around 350 five-star hotel rooms and a residential district when it opens. The opening date was later postponed to the first half of 2016, then to the first quarter of this year, reported the Macau Business Daily.