Casino Em Lisboa Portugal Average ratng: 4,7/5 3784 reviews

TRYP Lisboa Aeroporto has been considered for the second consecutive year as the best TRYP hotel in the world, recognized by excellence and customer satisfaction. Casino Lisboa is in Lisbon, Lisboa, Portugal and is open Sun-Thu 3pm-3am, Fri-Sat 4pm-4am. The casino's 165,000 square foot gaming space features 1,000 gaming machines and twenty-six table and poker games.

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Casino Lisboa
Opening dateApril 19, 2006
ThemeLisbon
Casino typeLand
OwnerSociedade de Turismo e Diversões de Macau
ArchitectStanley Ho, Teddy Yip, Yip Hon and Henry Fok
WebsiteOfficial website
Main façade

Casino Lisboa is a casino located at Parque das Nações (Park of the Nations) in the city of Lisbon, Portugal. It was inaugurated and opened to the public on April 19, 2006.

The casino, at the time of opening, had around 700 slot machines (expandable to 1,000), 22 gaming tables, 4 bars, 3 restaurants and a theater seating 600.

Casino Lisboa is owned by Estoril-Sol, a company majority-owned by Hong Kong-Macau gambling king Stanley Ho until his death in 2020, with a minority shareholder with 33%, Amorim. Stanley Ho also owned the same-name Casino Lisboa in Macau. Amorim is a Portuguese conglomerate, with two other casino concessions in Portugal (Figueira da Foz and Tróia).

The CEO of Estoril-Sol is Mário Assis Ferreira.

Controversies[edit]

Location[edit]

The casino has been plagued by controversy since it was green-lighted around 2001-2002 by Pedro Santana Lopes, the Lisbon Mayor. The casino was conceived as a way to fund the rebuilding of Parque Mayer, Lisbon's decadent theater district. The fact that it was to be the first casino in the country inside a major urban center (instead of a tourist area) stirred up many negative reactions claiming the casino would create gambling problems, as it would facilitate access of a younger population to games of chance by bringing the games closer to the people.

The projected location within the city itself was publicly changed several times after 'definitive' announcements by the Mayor. Withdrawn locations, in succession, were Parque Mayer itself (a project by Frank Gehry that was already underway was suspended), Cais do Sodré, Jardim do Tobacco, and Feira Popular, before finally settling on Parque das Nações.

Concession[edit]

All gambling in Portugal is subject to a concession by the State. For that purpose, the country is divided in gaming zones, each having its own concessionary with usually a single casino. The Lisbon Casino falls within the Estoril gaming zone, and as such, was assigned to the concessionary of that zone. However, other gaming concessionaries protested that since it was a new casino, a new gaming zone should be established and an application process for the concession should be opened. Estoril-Sol and the Portuguese Government argued that, despite usually only one casino by gaming zone being allowed, nothing in the law prevented each zone from having more than one - and, in fact, the Algarve gaming zone set up a precedent, having three casinos.

Location[edit]

The casino took up the former Pavilhão do Futuro (Pavilion of the Future), one of the main attractions of the World Expo of '98, which was extensively rebuilt for its new purpose under a project by architect Fernando Jorge Correia. The original architects for the Pavilion (Ana Paula Lopes dos Santos, Miguel Ferreira Guedes de Carvalho and Rui Jorge Garcia Ramos) obtained an injunction to halt construction work on the grounds of copyright violation (due to changes in the façade and in the structure of the building). A superior court overruled the claim, but the construction work was still halted from January to April 2005.

Business[edit]

Early figures[edit]

The casino was built for 108.9 million Euro, including the 15-year concession fee of € 30 million.

In the first two months of operation, the casino management repeatedly told the press that business was going better than planned. Target number of daily visitors was 6,000 a day; real numbers were 10,000 in the first 30 days and 7,000 until the end of June 2006. Each visitor spent € 90 in gambling. In late June, the casino shifted its opening hours from 3 pm - 3 am to 4 pm - 4 am on weekends (Friday and Saturday). This schedule also applies to eves of holidays.

In the first five months of operation, total revenues reached € 30.2 million.

Target annual turnover was € 70 million. 50% of the turnover (intake less prize payouts) reverts to the State as part of the concession terms, but otherwise the company is exempt from the usual income tax laws. In June alone, € 14 million were awarded in prizes, for around a 90% payout ratio.

Sales on nearby commerce, including the huge Centro Vasco da Gama shopping mall, are reported to have increased overall.

Effects on Estoril Casino[edit]

The workers at Estoril Casino, the biggest in Europe, went on strike in January 2005, claiming the opening of the Lisbon Casino, only 35 km away, would reduce the number of clients and threaten their job security. The administration of Estoril-Sol had presented them with a Company Agreement, which said that, if in 36 months, the revenue had gone down due to the Lisbon Casino, they would be able to downsize the workforce. This issue was never fully solved.

The company had announced a projected 20% decline in the revenue of the old casino. That decline was announced to have been just 0,9% in the first month, and 15% after five months.

External links[edit]

Coordinates: 38°45′53.56″N9°05′47.74″W / 38.7648778°N 9.0965944°W

Retrieved from 'https://en.wikipedia.org/w/index.php?title=Casino_Lisboa_(Portugal)&oldid=993080286'
Venda
Hotel Lisboa
Location Sé, Macau, China
Opening date1970
No. of rooms2,362
OwnerSociedade de Turismo e Diversões de Macau

Casino Lisboa (Chinese: 葡京娛樂場) is a hotel casino in Sé, Macau, China. The casino is owned by the Sociedade de Turismo e Diversões de Macau (STDM), a Stanley Ho company.[1] This three-storey complex was built in late 1960s.[2]

The original casino and the 12-storey round hotel tower were built in 1970 by Stanley Ho, Teddy Yip, Yip Hon and Henry Fok. A 270-room extension was added in 1991 for a total of 927 rooms. In 2006, another extension, the Grand Lisboa, was built next to the current complex. Therefore, a total of 2,362 rooms are in place in Hotel Lisboa as of 2010. This expansion was partly done in competition with the newly opened Wynn Macau, located right next to the original Casino Lisboa.

Robuchon á Galera[edit]

Robuchon á Galera
Restaurant information
Established1 May 2001
Food typeFrench
RatingMichelin Guide 2008
Street address3/F, Casino Lisboa, Macau
CityMacau
CountryChina
ReservationsRecommended
Website[1]

Casino Em Lisboa Portugal Evora

Robuchon á Galera, owned by the late chef Joël Robuchon, has been awarded three stars by the Michelin Guide in 2008. Robuchon á Galera serves European cuisine such as roasted guinea fowl and foie gras from its à la carte menu.[3] The restaurant has since moved to the top floor of the Grand Lisboa hotel and has been renamed Robuchon au Dôme.[4]

See also[edit]

Gallery[edit]

  • Casino Lisboa, Macau

  • Casino entrance at night

  • Macau - Grand Lisboa

References[edit]

Wikimedia Commons has media related to Casino Lisboa, Macau.

Casino Em Lisboa Portugal A Venda

  1. ^Cohen, Muhammad. 'What Pansy Ho's Move On Former Macau Casino Leader SJM Really Means'. Forbes. Retrieved 25 November 2020.
  2. ^Bharne, Vinayak (2013). The Emerging Asian City: Concomitant Urbanities and Urbanisms. Routledge. p. 114. ISBN978-0-415-52597-8.
  3. ^Le-Min Lim. 'Michelin Hong Kong Gives 3 Stars to 2 Restaurants'. Archived from the original on 2012-10-23.
  4. ^'Robuchon au Dôme, Grand Lisboa'. Grand Lisboa. Retrieved 24 July 2015.

Casino Lisboa Portugal

Coordinates: 22°11′23″N113°32′39″E / 22.189590°N 113.544039°E

Casino Em Lisboa Portugal Mapa

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