City of Dreams, the integrated entertainment resort set to be open on the Cotai Strip, officially announced yesterday its major recruitment drive of 7,000 positions in Macau. The property, developed by Melco Crown Entertainment Limited, is scheduled to unveil its door in the first half of this year. As part of the recruitment drive, the company will be hosting a Macau Recruitment Fair on February 7 and February 8 on Level 2 at the the Macau Tower.
City of Dreams, Crown’s development project in the Cotai which will include four hotels as well as serviced apartments, and an underwater-themed casino, is expected to be “the tourist destination’s hottest selling point at next year’s travel fair.” The over USD 2 billion complex going up right across the Venetian Macao Resort Hotel on the Cotai Strip will open in May next year, said May Chow, group director for hotel sales and marketing for Melco Crown Entertainment...
Melco PBL Entertainment Limited topped out the Hard Rock hotel and the main podium of its mega-project City of Dreams in Cotai, Macau. It will be a must-see integrated urban entertainment resort that will combine electrifying entertainment, stylish nightclubs an amazing array of accommodation options, top-notch dining, world-class shopping as well as a spacious and contemporary casino.
Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson said his company stands ready to take its Cotai Strip model of destination resort development into other emerging Asian gaming markets. Adelson wants the jurisdictions to cough up lucrative tax breaks, infrastructure construction and other concessions before the gaming company will spend USD 15 billion to USD 20 billion to replicate what it is building in Macau.
Las Vegas Sands Corporation (LVS) has yet to receive government approval to develop more than half of the parcels of land it has commenced developing in Cotai. The company does not have all of the paperwork in order for the development of land across the six-lane road from its first project in the area, the Venetian Macao, it said in its annual report which was released yesterday. “We have commenced construction or pre-construction for the projects on parcels 5, 6, 7 and 8 on the Cotai Strip for which we have not yet been granted land concessions,” the report stated.
Hong Kong casino operator Galaxy Entertainment Group announced this week that the company has received government approval to expand its planned development on Macau’s Cotai strip, pitting it against the newly opened Venetian. Galaxy currently runs five casinos in China’s gambling enclave in Macau, including StarWorld, which opened last October. It is also building Galaxy World Resort on Cotai, a reclaimed strip linking two outlying islands...
Hong Kong (AP) -- Hong Kong casino company Galaxy Entertainment Group said Tuesday it has received government approval to expand its planned development on Macau's Cotai strip, pitting it against the newly opened Venetian. Galaxy currently runs five casinos in China's gambling enclave in Macau, including StarWorld, which opened last October. It is also building GalaxyWorld Resort on Cotai, a reclaimed strip linking two outlying islands that Las Vegas mogul Sheldon Adelson hopes to transform into a massive resort that rivals the Nevada gambling mecca.
First Casino Scheduled to Open on Macau's Cotai Strip Will Use GCA's Full Suite of Services
James Packer's Macau gaming joint venture, Melco PBL Entertainment, has taken on more debt to help fund climbing construction costs for its City of Dreams casino complex on the Cotai strip. The cost of building and designing the project, which includes a casino, shops, three hotels and a block of serviced apartments, has jumped 23 per cent to USD 1.85 billion (AUD 2.2 billion), the company said in a statement to the US Securities and Exchange Commission on Friday.
