What a difference a diamond makes. Casting its eyes jealously up and down the Strip for years, the Venetian has longed to join the highest tier of luxury hotels by winning top honors from AAA and the Mobil Travel Guide. The competition grew more serious a year ago after the two-year-old Wynn Las Vegas next door won its first AAA Five Diamond. Wynn and the Venetian are engaged in a rivalry for the same customers, from high rollers to spa aficionados.
Las Vegas Sands’ Venetian Macau opened recently with GPI high security chips on all its 870 tables. Like most of Macau’s casinos, the Venetian chose GPI as its preferred supplier to deliver close to two million chips from the B&G brand. These chips feature exclusive security features such as individual high security holograms, ultraviolet pigments, LaserLock infrared pigments and see-through inserts.
Asia’s largest and premier gaming event, G2E Asia 2008, will be held on June 3-5, 2008 at the all-new Venetian Macao, where visitors will be able to see the latest gaming products and technologies, learn about the latest trends in Asian gaming and experience first-hand Asia’s largest hotel-resort and exhibition property. G2E Asia 2008 will have an expanded exhibit floor of 18,000 sqm, showcasing even more new gaming products and it will also have more new suppliers from Asia.
Hong Kong - When the Venetian Macau, the world's largest casino, opened its doors last week, Macau completed its transformation from colonial backwater to the Las Vegas of Asia. And, going strictly by the numbers, that transformation has been a winning bet. In the space of five years, thanks to its booming gambling industry, Macau has overtaken the Las Vegas Strip as the richest gambling market on the planet. Consequently, the city's economy is surging, with per capita gross domestic product (GDP) surpassing neighboring Hong Kong's last year.
New York (AP) -- Shares of casino operators traded mostly higher Wednesday as shares of Las Vegas Sands Corp. rallied behind the debut of the Venetian Macao Hotel Resort and a Dubai World unit started a tender offer for shares of MGM Mirage. A day after the opening of the USD 2.4 billion Venetian Macao, Goldman Sachs analyst Steven Kent was still cheering the megaresort's operations. In a second assessment of the property, Kent said in a client note that the Venetian Macao has a large number of enthusiastic employees and a diverse customer base.
Hong Kong: The new casinos popping up in Macau in the past three years have helped the Chinese territory surpass the Las Vegas Strip as the world's most lucrative gambling center. This week, the city begins its most ambitious - and perhaps riskiest - phase of development with Tuesday's opening of the USD 2.4 billion (EUR 1.75 billion) Venetian Macao Resort Hotel. It's the latest mega project from American billionaire Sheldon Adelson, chairman of Las Vegas Sands Corp.
First Casino Scheduled to Open on Macau's Cotai Strip Will Use GCA's Full Suite of Services
Las Vegas - Without the dreamy postcard views of the neon-pulsing Strip, visitors to the V.I.P. lounge at the top of the Venetian hotel and casino here might think they had taken an elevator to someplace in Hong Kong or Shanghai. The televisions in this sanctuary reserved for the wealthiest high rollers are tuned to Chinese stations. The newspapers use Chinese characters.
Las Vegas - Las Vegas Sands Corp. today announced that The Venetian Macao Resort Hotel, Asia's first fully integrated resort and the anchor property of the company's Cotai Strip(TM) development, will open on August 28, 2007. "This is truly a defining moment for Las Vegas Sands Corp. as our work to open Macao's first multi-use integrated resort comes to fruition and our vision of creating "Asia's Las Vegas"(TM) comes one step closer to reality," said Sheldon G. Adelson, chairman and chief executive officer of Las Vegas Sands Corp.
The Nevada Gaming Commission Thursday reluctantly imposed an agreed-upon 1 million USD fine on The Venetian for rigging contests and violating state gaming regulations but only after chastising other state agencies for not pursuing the case more vigorously.
Venetian hotel-casino owner Sheldon Adelson's right-hand man is leaving the company to build a new gaming resort in Las Vegas.
