October 31, 2007
Recent moves to diversify Macau’s economy with the development of integrated resorts such as the Venetian Macao and MGM Grand are luring eager visitors and spurring growth.
But while the cash and chips flow fast and furious on Macau’s gambling tables, the story is different on the road. Traffic congestion, hour-long taxi queues, and huge crowds at border gates - all that is getting worse as the city lights glow brighter.
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Posted in Cotai Strip, MGM Grand Macau, Macau Business, Macau Casino, Venetian Macao 
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October 30, 2007
The rapid development of the tourism sector in recent years has attracted openings of several new hotels. In 2006, there were 80 hotels and similar establishments in operation, which included 49 hotels and 31 guest-houses, providing a total of 12,915 guest rooms.
At the end of 2006, the number of persons engaged in the hotel and similar establishments totalled 14,158. Among them, 14,041 were working in hotels, accounting for 99% of the total, while 117 were working in the guest-houses.
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Posted in Economy & Business, Employment, Hotel Macau, Macau Business, Macau General, Macau Property, Macau Tourism No Comments »
October 15, 2007
Hong Kong won’t build casinos to compete with neighbouring Macau, despite the challenge posed by the gambling mecca’s rapid transformation into a tourism and convention hub, Hong Kong’s leader said on Thursday.
“The answer is no,” said Chief Executive Donald Tsang when asked whether the city might construct its own casinos after a major push by some tourism operators and the pro-business Liberal party to build a casino resort.
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Posted in Cotai Strip, Exhibition, Macau Business, Macau Casino, Macau Events, Macau News, Venetian Macao No Comments »
October 7, 2007
James Packer’s third Macau casino, Trinity, is expected to cost at least $US675 million ($767 million) and open in late 2010, according to investor presentations to analysts by Melco PBL Entertainment in Macau.
Trinity Macau
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Posted in City of Dreams, Cotai Strip, Crown Macau, James Packer, Lawrence Ho, Macau Casino, Melco Crown, Trinity Macau No Comments »
October 6, 2007
Even as Macau’s new resorts become more like those on the Strip, their American owners see them as a gateway to Las Vegas for Asian players
When the Macau government opened its gambling market to foreign investment a few years ago, it sought companies that could help transform the Chinese seaport from a seedy outpost into a top luxury resort destination where gambling is but one of many popular attractions.
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Posted in Cotai Strip, Las Vegas Casino, Macau Casino, Sands Macau, Wynn Macau No Comments »
October 5, 2007
Across the Far East casinos are coming in from the cold as gaming becomes a truly global mainstream leisure activity. Singapore has lifted its decades-old ban, South Korea’s casino industry is expanding rapidly and both Taiwan and Japan are considering legalisation.
Macau is the glittering jewel in Asia’s gaming crown. The Chinese owned peninsula has now overtaken the Las Vegas Strip to become the world’s largest gaming market with revenues of US$7 billion, and is expected to be worth up to US$13 billion by 2010.
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Posted in Cotai Strip, Entertainment, Macau Business, Macau Casino No Comments »
September 30, 2007
The Venetian-Macao Resort Hotel has launched its first Venetian Festival. A celebration of one of the world’s most extraordinary cities, The Venetian Festival aims to bring the authentic flavours, tastes and culture of Venice to Macau, and is scheduled to run until October 21 at The Grand Canal Shoppes.
“We are delighted to be bringing The Venetian Festival to Macao, and to share with local Macau residents as well as the many international visitors to our property some of that city’s defining foods and products,” said Mr. Mark Brown, President of Sands Macao and the Venetian Macao Resort Hotel. “All the special offerings here at The Venetian are part of our towering tribute to Venice, a city renowned for its architectural splendour, canals where gondoliers serenade romantic couples, some of the finest masterpieces of Western art, and a city which is almost legendary for its exquisite beauty. Visitors will be delighted at every turn by the great artistic achievements for which Venice is justly famous, so that they can experience the romance and revelry of that famed Italian city here in Macau.”
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Posted in Cotai Strip, Venetian Macao No Comments »
August 28, 2007
At last the world’s biggest casino opens in Macau today, the most ambitious throw of the dice yet in a $24 billion effort to build a Las Vegas-style “neon alley” in this once-sleazy Chinese gambling enclave.
The hopes of more than a dozen hotel, casino and retail operators building on the “Cotai Strip” — 4 square km (1.5 square miles) of reclaimed land fusing two islands — are pinned on the Venetian Macao, built by U.S. operator Las Vegas Sands Corp.
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Posted in Cotai Strip, Las Vegas Sands, Macau News, Sheldon Adelson, Venetian Macao No Comments »
