Published

Las Vegas Sands given go ahead for latest Macau project

Las

Macau
Vegas Sands' Chinese subsidiary Sands China has been granted the necessary approval from the government in Macau to progress with a $2.7bn casino project in the city.

The Parisian Macao, which could open in 2016, is set to feature 3,000 hotel rooms, 490,000 square feet of retail space and a 50% scale replica of the Eiffel Tower.

Its development will take Sands' investment in Macau to over $10bn, which began when it opened the Venetian Macao in 2007.

The Venetian Macao was the first integrated resort to open in the city and the first truly integrated resort to open since the Venetian Las Vegas in 1999.

Las Vegas Sands CEO Sheldon Adelson said: "From the moment we put our first shovel in the ground we have been committed to helping Macao secure its future as a centre for leisure, business and entertainment. We've enabled local companies and suppliers to grow their businesses and we've helped the government expand its tax base and diversify its economy.

“The Parisian Macao is 100% consistent with that vision and we look forward to families taking pictures in front of our Eiffel Tower in the near future."

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Chicken Ranch Casino
The Responsible Gambling Affiliate Association (RGAA)
Catena Media
Gambling Commission
Follow Us
The most prestigious Awards in the industry are heading to the Philippines! The Global Gaming Awards Asia-Pacific will recognise and reward (as the name suggests) the strongest performers from the Asia-Pacific gaming industry across the previous 12 months.
This year's winners will be announced at a luncheon ceremony on Day 2 of SiGMA Asia, 4th June, in Manila.
The eleventh annual Global Gaming Awards Americas will recognize and reward the gaming industry's strongest performers across the previous 12 months. These are the most prestigious and trusted Awards in the industry and have gained respect amongst industry heavyweights, due to the strict rules and procedures put in place.

Facing Facts: Operator Q3s from across the globe

Gambling Insider compares Q3 2023 results from major gamblin...

Taking Stock: Operators and suppliers across the world

Sticking with our theme of gambling across the globe, Gambli...

CEO Special: Jade Entertainment and Gaming CEO Joe Pisano - down to earth

Jade Entertainment and Gaming CEO Joe Pisano speaks to Gambl...

CEO Special: Betfred CEO Joanne Whittaker - saying it as it is

Betfred CEO Joanne Whittaker joins Gambling Insider Editor T...