May 6, 2008
In response to a drop in income from its Macau properties in the first quarter, Las Vegas Sands Corporation is sending in its top US managers to cut costs and win back lost VIP business.
In the first quarter of the year, Sand’s lost US$2 million, down from a profit of almost US$40 million last quarter and almost US$91 million during the first quarter of 2007. Income from the Venetian Macao and Sands Macao dropped from USD133 million in the last quarter of 2007 to USD.4 million in the first three months of this year.
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April 1, 2008
March 30, 2008
In his quest for global gaming domination, Sheldon Adelson discussed his desire to build more multi-billion dollar Cotai Strip like casino destinations around the world, but with one caveat - it has to be on his terms of NO TAXES.
LVS’s argument to a potential hosting country would be that if LVS is risking an investment [...]
Posted in Cotai Strip, Macau Casino No Comments »
March 29, 2008
Apparently the answer is yes. I thought this was a very interesting article, not just because of how eco-friendly Las Vegas is getting, but also because I have never seen or heard any of the Macau casino companies talking about building green casinos.
I guess its good to be environmentally friendly and go green, but its [...]
Posted in Casino Ponte 16, Macau Casino No Comments »
March 28, 2008
Colliers International Macau has just released this interesting and bullish report about the Macau Property Market.
The latest report shows the openings of the Venetian Macau, MGM Grand Macau, Grand Lisboa and Crown Macau last year strengthened the island’s position as a world-class tourist destination.
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Posted in City of Dreams, Construction, Cotai Strip, Design & Construction, Four Seasons Macau, Macau News, Macau Property, Macau Real Estate, Venetian Macao No Comments »
March 25, 2008
Hot on the heels of our precious invitation from Melco PBL to attend the City of Dreams Topping-out Ceremony on 1 April 2008 at 12.10pm, comes the surprising news about James Packer’s Crown Macau enjoying a huge turn-around, making it the busiest casino in the world in terms of betting volume!
City of Dreams Complex
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Posted in City of Dreams, Crown Macau, Galaxy Entertainment, James Packer, Lawrence Ho, Melco PBL, Stanley Ho, Theatre of Dreams No Comments »
March 23, 2008
It doesnt get any bigger than Celine Dion. She’s been entertaining Vegas at Caesars for years, and now she has finally hit Macau’s Cotai Strip at the one and only Venetian Macao. The afterparty was almost as good as the actual event, as you can see from this Destination Macau video.
Posted in Cotai Strip, Macau Casino No Comments »
March 18, 2008
From the terrace of my apartment on the 25th floor of One Grantai the whole of the Cotai Strip glitters below, from the subtle ochre shades of the Venetian Macao reflected in a huge lake, to the beckoning laser lights of Macau Studio City scorching across the night sky 1.3-km further down the Strip.
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