Paul Baker has stepped down from his post as president of Grand Lisboa Palace (GLP), after leading SJM’s Cotai flagship property since 2018.
The exit comes among recent high-profile exits from the city’s gaming operators amid the industry reshuffle and the lasting impact of the pandemic.
In a statement, SJM has said the resignation of Baker, who worked for 11 years for Caesar Entertainment Corporation, will “have no impact on the company’s operation.”
The gaming operator clarified the resignations of some employees were “due to respective personal reasons.”
Baker was previously an executive vice president of Resort Operations for Wynn Macau for a year in 2013 and was a deputy COO at Genting Malaysia Berhad from 2014 to August 2018.
Wynn also saw a management reshuffle last quarter, seeing casino veterans step down – a change that occurred before the tender process for the gaming concessions.
Previously, gaming expert Ben Lee, managing partner of IGamiX Management & Consulting told the Times that with no clear end in sight to the prevailing current economic conditions, “many businesses are forced to restructure their costs towards survival mode.”
The Times has sought a response from GLP on who is currently overseeing the operations of the resort. No reply has been received as of press time. LV
