Macao Casino
Casino operator Galaxy Entertainment Group (GEG) has signed a $1.6bn deal with China Construction, a subsidiary of China State Construction Engineering Corp to build Phase 4 of its Galaxy Macau gaming resort on the island of Cotai.
Cotai is a 5.3-sq-km artificial island dredged to provide Macau with more room for hotels and casinos.
The first two phases of Galaxy Macau had five themed hotels. Phase 3, now under construction, will add 1,500 hotel rooms, some casino space, the 16,000 seat “Galaxy Arena” and 37,000 sq m of conference and exhibition space.
- Macau casino stocks surged the most in nearly two and a half months after the gambling hub reopened to quarantine-free travel from mainland China. Sands China Ltd. Surged as much as 10%, the most.
- Macau casino GGR down 9pct m-o-m in February: govt. Mar 01, 2021 Newsdesk Latest News, Macau, Top of the deck. Macau casino gross gaming revenue (GGR) declined 8.9 percent sequentially in February, to MOP7.31 billion (US$914 million), compared to just above MOP8.02 billion in January, according to data.
Phase 4 will add 2,000 hotel rooms but little gaming area.
Under the legally-binding letter of intent signed with China Construction, work is expected to take 1,053 days – just under three years – to complete, GEG said (pdf) in a notice to the Hong Kong stock exchange yesterday.
When phases three and four are complete, the resort will double in size to 2 million sq m, making it one of the world’s largest leisure and conference destinations.
Galaxy Entertainment’s current Macau gaming rights expire in June 2022, in common with those of the city’s other five casino operators.
The Venetian Macao (Chinese: 澳門威尼斯人) is a luxury hotel and casino resort in Macau owned by the American Las Vegas Sands company. The Venetian is a 39-story, casino hotel on the Cotai Strip in Macau. The 10,500,000-square-foot (980,000 m 2) Venetian Macao is modeled on its sister casino resort The Venetian Las Vegas.
A public retender process is due to be held in association with the expiries, although the Macau government also has the ability to extend the current licences for up to five years.
GEG is one of the three original concessionaires in Macau, and is listed on the Hong Kong stock exchange. Most of its holdings are in Macau, although it also has a presence in Monaco.
Image: Galaxy’s existing Cotai casino resort opened in 2011 (Abasaa/Public Domain)
Further reading:
| The Venetian Macao 澳門威尼斯人 | |
|---|---|
| Location | Macau |
| Address | Cotai Strip |
| Opening date | 28 August 2007; 13 years ago |
| Theme | Venice, Italy |
| No. of rooms | 3,000 |
| Total gaming space | 550,000 sq ft (51,000 m2) |
| Signature attractions | Cotai Arena |
| Casino type | Land-based |
| Owner | Las Vegas Sands |
| Architect | Aedas and HKS, Inc. |
| Website | Venetian Macao |
| The Venetian Macao | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Traditional Chinese | 澳門威尼斯人 | ||||||||||
| Simplified Chinese | 澳门威尼斯人 | ||||||||||
| |||||||||||
The Venetian Macao (Chinese: 澳門威尼斯人) is a luxury hotel and casinoresort in Macau owned by the American Las Vegas Sands company. The Venetian is a 39-story,[1] casino hotel on the Cotai Strip in Macau. The 10,500,000-square-foot (980,000 m2) Venetian Macao is modeled on its sister casino resort The Venetian Las Vegas. The Venetian Macao is the 2nd largest casino in the world, the largest single structure hotel building in Asia, and also the seventh-largest building in the world by floor area.
The main hotel tower was finished in July 2007 and the resort officially opened on 28 August 2007.[2] The resort has 3,000 suites, 1,200,000 sq ft (110,000 m2) of convention space, 1,600,000 sq ft (150,000 m2) of retail, 550,000 square feet (51,000 m2) of casino space – with 3,400 slot machines and 800 gambling tables and the 15,000-seat Cotai Arena for entertainment and sports events.
The lead architect for the Venetian Macao were Aedas and HKS, Inc. joint venture, who were responsible for the design, coordination and implementation of the project on site.[3]
Casino[edit]
The casino measures 546,000 sq ft (50,700 m2).[4] It is further divided into four themed gaming areas—namely, Golden Fish, Imperial House, Red Dragon and Phoenix. The casino consists of over 6,000 slot machines and 800 gambling tables.
The hotel offers a club called Paiza Club which caters to premium guests. The club comes with its own entrance, lobby, reception, and guest lifts to the rooms. The gaming area of the Paiza Club is divided into individual private gaming rooms each named for notable Asian cities and regions such as Yunnan, Guangzhou, Hong Kong, Singapore and Kuala Lumpur.The guests of the club have exclusive access to the club dining outlet, the Paiza Club Dining & Lounge, which is open 24 hours a day.
Design[edit]
The hotel uses Venice, Italy, as its design inspiration and features architectural replicas of various Venetian landmarks.
Accommodation[edit]
The hotel tower offers 2,905 suites. The accommodation floors go from level 7 up to level 38. These floors are served by guest lifts.
Paiza suites are reserved for premium guests. The largest is the Presidente, a 12-bay suite with four bedrooms.
Entertainment[edit]
Cotai Arena[edit]
The Cotai Arena (formerly known as the Venetian Arena) is an indoor arena, opened in 2007 with a seating capacity of 15,000. It hosts sporting events such as basketball, tennis, and boxing, as well as concerts and international televised awards shows.
Zaia[edit]
Zaia, a 90-minute stage production by the Canadian entertainment company Cirque du Soleil, ran between 27 August 2008 and 19 February 2012 in a custom-built theater at the Venetian Macao. The show, directed by Neilson Vignola and Gilles Maheu, featured a cast of 75 circus artists.[5] The show's theme was a young girl's perception of the stars and planets, space and infinity, populated by otherworldly creatures. The theater housing the performance seated 1,800 spectators at a time.[6]
Transportation[edit]
Bus[edit]
There are several shuttle bus services connecting The Venetian Macao to Macau's major ports of entry and nearby resorts. These shuttle services are provided free of charge. However, due to the COVID-19 pandemic, some services are temporarily not in operation.[7]
- The Venetian Macao to Border Gate
- The Venetian Macao to Hengqin Port and The Londoner Macao
- The Venetian Macao to Taipa Ferry Terminal
- The Venetian Macao to Sands Macao and The Parisian Macao
Macau Light Rapid Transit[edit]
The Venetian Macao is within walking distance from Cotai West Station on the Taipa section of the Macau Light Rapid Transit that serves the Cotai Strip and the larger area of Cotai.[8]
Controversies[edit]
On 12 November 2008, the gates were locked to the construction labour force from a variety of Asian countries as projects were suspended. Hsin Chong, the project manager for the Venetian, laid off approximately 400 staff. As many workers had been there for less than two years, no severance was due. The next day, Sands' president for Asia announced that up to 11,000 workers would be losing their jobs as the company was halting building projects in Macao.[9]
In 2010 the Chinese press reported that as part of a 'sex-trade crackdown' authorities had found more than 100 prostitutes inside the casino.[10]
In early 2011 the United States Department of Justice and the U.S. Securities and Exchange Commission initiated an investigation into the Las Vegas Sands Corporation with respect to the compliance of its Macao properties with the Foreign Corrupt Practices Act.[10]
See also[edit]
- Cotai Jet – owned by The Venetian Macao, operating high speed Catamaran ferry services between Taipa Temporary Ferry Terminal and Hong Kong-Macau Ferry Terminal, Hong Kong
References[edit]
Macau Casino Tukwila
- ^'The Venetian'. Emporis.com. Retrieved 23 June 2014.
- ^'Venetian Macao press release'. Phx.corporate-ir.net. 27 August 2007. Retrieved 29 January 2012.
- ^'case study'(PDF). gillespieuk.co.uk.
- ^'Top-10 Largest Casinos'. Casino City Times. 10 December 2007.
- ^'The first permanent Cirque du Soleil show in Asia celebrates its world premiere on August 28 at the Venetian Macao-Resort-Hotel – Written and directed by Gilles Maheu'. Cirque du Soleil – Press Release. Retrieved 8 February 2011.
- ^'Zaia: The Show – Theater'. Cirque du Soleil. Retrieved 8 February 2011.
- ^'Schedules of The Venetian Macao Guest Shuttle Bus Services'. Sands Resort Macao.
- ^'Cotai West Station'. Macao Light Rapid Transit Corporation.
- ^'Up to 11,000 Macau workers to lose jobs'. The Standard. Archived from the original on 3 February 2009.
- ^ abBrian Ross (27 January 2012), 'Bribes, Chinese Mob Ties Alleged at Casino of Gingrich Money Man'. ABC News.
External links[edit]
Macau Casino Skyfall
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Coordinates: 22°8′55″N113°33′38″E / 22.14861°N 113.56056°E