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  1. #151

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    Re: Hong Kong Plus Macau forming a Theme Park/Entertainment/Gaming Cluster

    Yep, Steve and Sheldon argue over everything from Steve's spending habits to Sheldon's tiny parking lots causing Venetian employees to park at Treasure Island and walk to work. Treasure Island had to put up a very obvious sign in their garage telling Venetian employees to go away.

    Quote Originally Posted by HongKongDisneyland
    Speaking after the opening of the upmarket $1.5 billion Wynn Macau, built by Leighton Asia, the Governor promised that the city would not become like Las Vegas, which has issued licences to dozens of casino operators.
    Well, that's nice to hear.

  2. #152

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    Re: Hong Kong Plus Macau forming a Theme Park/Entertainment/Gaming Cluster

    Hey, here's some news from my side of the ocean.

    China's rush to gamble has Macau cashing in

    By Jeff Simpson
    Las Vegas Sun

    MACAU - As I maneuver down the ferry gangway, dozens of fellow passengers from Hong Kong run by, racing to get into this city.

    I ask the official manning the passport desk at the Macau ferry terminal what the hurry is. She smiles and says, simply, "Casino."

    I have heard stories about how Chinese gamble so intensely in Macau - but was told that I wouldn't believe it until I saw it firsthand.

    They were right.

    There's some serious gambling inside Las Vegas casinos, but it doesn't compare to what takes place in Macau.

    And nowhere is the betting more frenzied in the former Portuguese enclave than at the Sands casino, owned by Venetian owner Las Vegas Sands.

    The Sands is filled with 740 gambling tables, more than any other casino in the world, and about as many as the combined number of tables at Bellagio, MGM Grand, Mirage, Mandalay Bay and Luxor.

    Most are for baccarat, with bets starting at 200 or 300 Hong Kong dollars (about $26 or $38 U.S.) but with bettors frequently wagering five times that much or more per hand without turning heads.

    The casino looks like a five-story department store for gamblers, with the ground floor reserved for nonsmokers. Escalators carry gamblers from one floor of baccarat tables to the next. Scattered about are a few blackjack tables and more traditional Chinese games such as pai gow, sic bo, big and small, fan tan, and Chicken, Crab and Fish.

    Lines of hungry gamblers form for a small buffet, KFC and McDonald's, but they don't linger over their meals.

    Players on a roll attract crowds standing two or three deep who join in, betting the same action. Unlike in Las Vegas, nobody in Macau worries about giving their fellow gamblers space.

    Macau gamblers play passionately - even at baccarat, where the only decisions to make are how much to bet and what to bet on (banker, player or tie). With excruciating drama, they slowly bend each card to see its numerical value. They shout with happiness or yell in disgust before showing their cards. James Bond might have played baccarat with cool detachment, but in this city, gamblers anxiously switch their bets around, following trends or anticipating reversals.

    Until Wynn Macau opened Tuesday evening, the Sands was the nicest and most luxurious among Macau's casinos. But everything is relative. Signs at the Sands warn against spitting - something I saw at smaller casinos. At one casino, small spittoons are thoughtfully placed near each table.

    Much of the high-end gambling business that Steve Wynn wants to capture now takes place at the Lisboa, across the street from Wynn Macau.

    Set in a downtown district about as large as downtown Las Vegas, the Lisboa was Macau's flagship casino when owner Stanley Ho enjoyed a casino monopoly.

    The Lisboa complex looks somewhat like Fremont Street's Plaza Hotel, but its gaming action is spread across many floors, in several different casinos arrayed throughout the mazelike building.

    Ho owns the main Lisboa casino and leases space in several others to independent operators that some experts have said have ties to Chinese organized crime and loan-sharking operations.

    In Lisboa's main casino, gamblers crowd three deep around a spirited game of fan tan, which is played with a big pile of small ivory buttons. The dealer uses an upside-down cup to capture a random number of the buttons.

    The players bet on whether there will be zero, one, two or three leftover buttons after the captured pile is divided into groups of four. After the dealer rings a bell signifying "no more bets" (the bell is used at other communal betting games such as baccarat as well), he turns over the cup and begins forming the groups of four buttons. Hundreds of thousands of Hong Kong dollars are bet on each game.

    Big betting action is taking place in one of the smaller Lisboa casinos. A single player is seated at the table, betting plastic-wrapped packs of 20 rectangular casino chips. Each chip is worth 10,000 Hong Kong dollars ($1,286 ), and each pack worth 200,000 Hong Kong dollars ($25,718 ). The gambler I'm watching is betting five or more packs at a time, on banker or player - action that would rank with the biggest play on the Las Vegas Strip.

    It's the kind of action that gets people running off ferries when they arrive from Hong Kong.

    As a local here, I must say...
    Sands has an entire FLOOR for non-smokers? Oh, that sounds like heaven.

  3. #153

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    Re: Hong Kong Plus Macau forming a Theme Park/Entertainment/Gaming Cluster

    Video Clip (Grand Opening of Wynn Macau) (credit: CBS4)

    more....

    Video Clip (Wynn Macau) (Credit: youtube)

    Video Clip (Grand Opening) (Credit : youtube)

    Video Clip (Grand Opening) (Credit : Youtube)
    Last edited by PennysBayChronicle; 09-09-2006 at 11:37 PM.

  4. #154

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    Re: Hong Kong Plus Macau forming a Theme Park/Entertainment/Gaming Cluster

    Macau's casino hotel appears quite elaborate and popular. Judging by the crowd's reaction, they're big on fireworks. Can't wait to find out what kind of them park he has in mind. Hope it doesn't turn out to be anything similar to the failed Vegas MGM Grand Theme Park.
    To Boldly Go Where No MiceChatter Has Gone Before!


  5. #155

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    Re: Hong Kong Plus Macau forming a Theme Park/Entertainment/Gaming Cluster

    Music from Disney's "Pocahontas" ...interesting.

    DV

  6. #156

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    Re: Hong Kong Plus Macau forming a Theme Park/Entertainment/Gaming Cluster

    New Resorts/Casinos/Hotels coming in Macau:

    in 2006
    ---------------------

    Galaxy StarWorld (opening in 3Q/4Q 2006)

    Development of Macau's tallest hotel and casino, StarWorld Hotel, is opening soon. Established at the center of Avenida de Amizade, the downtown Macau gaming hub and tourist centre is also only a mile away from the Macau Ferry Terminal, making it easily accessible by land, sea or air. Once complete, its striking design and modern facilities will make it a shining landmark towering over downtown Macau.

    The gaming areas at StarWorld Hotel and Casino will provide fast-spaced and exciting entertainment within a comfortable and spacious environment. Two main gaming halls and a high limit gaming zone will feature approximately 290 tables and 300 slot machines, with specially-designed VIP floors.

    Gourmet Paradise
    A stay at StarWorld Hotel will be an adventure for the taste buds as well. Guests can sample fine Shanghainese cuisine, along with Chinese, Japanese and Cantonese delights at one of the many world-class Asian restaurants.

    Fabulous Facilities
    The accommodations will combine lavish dcor with affordable rates. Over 500 deluxe hotel rooms and suites, including two first-ever super luxurious "Sky Suites", will be housed on 19 floors, along with various brand-name food and beverage outlets, entertainment venues and shops. Recreation venues such as spa centres, karaoke lounges, a night club, a health club and swimming pool will also be at guests' disposal. An advanced environmental control system and exceptional noise control will keep hotel guests refreshed and relaxed while the action continues downstairs in the gaming areas.

    Construction Progess (2006 July)





    in 2007
    ---------------------
    MGM Grand Macau

    The enhancements to the project include a premier entertainment venue and an iconic hotel atrium which will provide guests an unsurpassed sense of arrival. The newly designed atrium will be a spectacular feature that will be three times the size of Bellagio's world-famous conservatory. The project now includes a significantly larger casino consisting of at least 345 table games and 1,035 slot machines. These enhancements are all being made while the resort maintains over 70,000 square feet for future casino expansion.

    MGM Grand Macau is located on a prime waterfront site on the Macau peninsula at the center of the Macau gaming industry. The resort also will include approximately 600 rooms, suites and villas, several restaurants as well as additional entertainment amenities. The project cost, including land and license rights, preopening and capitalized interest, is budgeted at USD $1.06 billion. Construction of the resort is underway and the project is anticipated to open in the second half of 2007.



    Crown Macau












    Standing at 160 metres, Crown Macau will be the first six-star casino hotel in the city and the tallest building in Taipa Island. It targets at high rollers from around the world and embraces various entertainment facilities, including a number of elegant and unique restaurants and a deluxe spa centre. With a total construction area of 106,000 square metres, the casino-hotel will comprise 227 deluxe VIP guest rooms, of which 26 will be VIP suites and 8 will be presidential villas.

    Spacious and set in luxurious decor, the 32-storey complex will include a 6-storey up-market casino with a total gaming space of around 17,000 square metres, housing over 200 gaming tables and more than 500 slot machines.

    Construction Progress (2006 August)








    in 2008
    ---------------------

    Galaxy MegaResort at Cotai Strip


    Construction work has commenced and anticipation is building for the completion of Galaxy Mega Resort at Cotai, Macau. With bridges that link Cotai to Guangdong, China and the rest of Macau, as well as the Macau International Airport, all near by, traveling to this holiday destination will be truly quick and hassle-free. This will be Galaxy's flagship entertainment resort and a must-see vacation spot for travelers from Asia and beyond.

    This expansive resort, scheduled to open for business in early 2008, includes a deluxe hotel and a huge themed casino. Guests can expect a relaxing environment and courteous service in every one of the 1,500 deluxe rooms and suites available in the hotel.

    The casino will include approximately 450 tables, offering a wide assortment of popular and innovative games, and 1,000 slot machines in a pleasant, roomy setting. Players looking for higher limits can take advantage of the nearly 50 tables in a number of private VIP rooms.

    Galaxy Mega Resort will also have many themed attractions the entire family can enjoy. Entertainment choices will include a water park, a health club and spa, karaoke lounges, retail outlets, an amusement arcade and a theatre, not to mention a variety of dining options, including restaurants, bars and cafes. In addition, the resort will feature multi-purpose convention and exhibition facilities as well as a business lounge making Galaxy Mega Resort the perfect venue for conferences and meetings.

    Construction Progess (2006 July)




    Phase One of the Galaxy Mega Resort is expected to include 5-star hotel facilities with up to 3,000 rooms, the gaming hall will exceed 250,000 sq ft and offer 600 gaming tables and 1,000 slot machines and is scheduled to open in 2008.

    When fully developed in 2012, Galaxy Mega Resort is expected to include 6 to 8 various star-rating hotels, with total hotel rooms approaching 12,000 or 36% of all hotel rooms in Cotai. The casino component will include up to 1,500 gaming tables and 3,000 slot machines. Furthermore, Galaxy Mega Resort will have the capacity for up to one million sq ft of high class shopping space; 500,000 sq ft of exhibition and convention center and two theatre performance halls each with sitting capacity of 2,500 people. The resort will also include dozens of restaurants offering sumptuous foods









    Melco PBL Entertainment is well positioned in the “New Macau” through its flagship project – City of Dreams – which is a first-of-its-kind integrated entertainment resort ever seen in the Asia Pacific Region. City of Dreams houses a variety of luxurious resort accommodations and top-notch facilities in a world of wonder. It serenely floats above a crystal lake, providing around 2,000 rooms ranging from unique boutique hotels to themed time-sharing serviced apartments. Hyatt of Macau Limited, a wholly-owned subsidiary of Hyatt International Corporation, has been appointed as the first hotel operator in City of Dreams to manage and operate two of the four deluxe hotels.
    The centrepiece of City of Dreams is an approximately 40,000-square-meter, underwater-themed casino that features world-class gaming facilities and houses over 450 gaming tables and around 3,000 slot machines. In addition, City of Dreams is expected to offer other amenities that are generally not available currently at casinos in Macau. It will offer an approximately 100,000 square-foot shopping mall that will feature a wide range of luxury retailers and also an approximately 2,000-seat performance hall that will offer performances by popular international and Asian entertainers. The property will also feature a wide range of food and beverage outlets offering a variety of cuisines and dining styles which it plans to feature well-known international brands and signature chefs.

    City of Dreams is destined to be an alluring and multi-dimensional integrated resort destination that will stand out prominently in Macau and the Greater China region.




    Construction Progress (2006 August)




  7. #157

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    Re: Hong Kong Plus Macau forming a Theme Park/Entertainment/Gaming Cluster

    Wynn Las Vegas didn't have any fireworks at opening. They put a countdown on the giant LCD screen marquee but after that it was wining and dining and no real "show." Of course, the joint closed immediately after for the next whole day so that Mr and Mrs Wynn could have the place to themselves for her birthday and other private parties.

    YOUR FOUNTAIN SHOW HAS COLORS! D: It's not as big as the Bellagio one but I'm impressed that Wynn finally got over that aversion to colors from the Bellagio lake. I'm already jealous. :P

    But really now, seeing that show in front of Wynn instead of Bellagio is just... I don't know.. Bizarre. And yeah, the choice of a Disney tune in the playlist was strange. But if it's as big a showstopper as the Bellagio display was when it opened, they should look forward to some great business.

    I'm not as impressed with the Cotai project. I think with MGM, Wynn, and Stanley Ho's new high-end development going up near each other, that should be enough draw to hold a lead over Venetian and these funny-looking glass towers whose futures don't seem all that certain to me. Some of them just look a little too conceptual to actually get off the ground, while others look better as office buildings than resorts. =/

  8. #158

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    Re: Hong Kong Plus Macau forming a Theme Park/Entertainment/Gaming Cluster

    Being a Hongkonger myself, I am aware of some of the planned developments yet it still leaves me quite stunned to see ALL of them in one message...

    But I do wonder if Macau is able to govern and police all that and ensuring that there is no foul play?

    Also has the operators really got their calculations right? Have they not over-estimated the market size?

    And then, how are the rest of the Asian countries going to react? Macau is going to eat up a lot of money!!! It will not just affect Hong Kong and China, but Korea, Taiwan, Japan, Malaysia, Singapore... basically everyone in Asia. Singapore will build its own casino but what about the rest? Other Chinese cities are going to get really jealous.

  9. #159

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    Re: Hong Kong Plus Macau forming a Theme Park/Entertainment/Gaming Cluster


    Wynn places a firm bet on future of Macao

    Steve Wynn, the US gaming mogul, plans to open the second phase of his new casino in Macao seven months ahead of schedule despite growing fears that a large number of new developments in the former Portuguese colony is creating excess supply.



    Mr Wynn said expansion of the US$1.2bn Wynn Macau, the first Las Vegas-style resort in Macao, would be launched in two stages in February and June next year, instead of in September 2007 as initially expected. The first phase of Wynn Macau, with 600 hotel rooms and 200 gaming tables, opened last week.



    "We need the capacity," Mr Wynn told the FT. "We accelerated it about four weeks ago. We put Leighton-China State [the project's construction management company] on overtime, 24-hour schedules."



    The speeding up of the expansion underlines Mr Wynn's confidence in Macao's gaming market, which is expected to overtake the Las Vegas strip as the world's largest as early as this year.



    But as casino operators such as Mr Wynn and Sheldon Adelson of Las Vegas Sands continue to place big bets on Macao, with the number of gaming tables expected to double from 2,800 this year to 6,400 in 2008, concerns about excess supply are growing.



    Chinese visitors, who make up of the bulk of Macao's tourists, are perceived to be willing to spend money at the gambling tables, but not necessarily in luxury hotels and plush restaurants. Mr Wynn, however, is not concerned.



    "Someone said to me 'How do you jump from Las Vegas to China?' as if there was a Las Vegas thing and a Chinese thing. People who are upscale and mobile all want the same things. They want good shopping, good restaurants and good environment. What's the mystery?" he asked.



    Mr Wynn is the second foreign investor to have opened casinos in Macao since the gaming industry was liberalised there in 2002. Mr Adelson, who opened the Sands Macao in 2004, is building a US$2.3bn mega-resort – the Venetian Macao – on Cotai, an area of reclaimed land between Macao's two islands that is being developed into Asia's Las Vegas.



    Mr Wynn is also planning a project on Cotai. He declined to reveal details of the new development, but did not rule out collaborating with other casino operators, such as PBL-Melco, a joint venture between James Packer's Publishing and Broadcasting Limited, and Hong Kong's Melco, controlled by Lawrence Ho.




    Source : MSNBC


  10. #160

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    Re: Hong Kong Plus Macau forming a Theme Park/Entertainment/Gaming Cluster

    Wynn Resorts Completes Sale of its Subconcession Right to Publishing and Broadcasting Limited






    LAS VEGAS--(BUSINESS WIRE)--Sept. 11, 2006--Wynn Resorts (Macau), S.A., a subsidiary of Wynn Resorts, Limited (Nasdaq:WYNN), announced today the completion of its sale of its subconcession right to an affiliate of Publishing and Broadcasting Limited ("PBL") for US$900 million. The subconcession right permits the PBL affiliate to receive a subconcession from the Macau Special Administrative Region ("SAR") of the People's Republic of China to conduct gaming operations in the Macau SAR.

    "With the government of the Special Administration Region, we believe that PBL will make a positive contribution to the future of Macau. We also recognize that the growth of healthy tourism in this city is the result of the wisdom of the Central Government's policy of 'One Country Two Systems.' Today's progress is a direct result of that policy," said Steve Wynn, Chairman and CEO of Wynn Resorts.
    Source: BusinessWire

  11. #161

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    Re: Hong Kong Plus Macau forming a Theme Park/Entertainment/Gaming Cluster

    MGM Grand Macau and Crown Macau will join the fight,
    all 6 operators (3 with concession right and 3 with subconcession right) will compete head to head in 2007.


    Photo: MGM Grand Macau under construction (Credit: ORISUN)

    Photo: Crown Macau under construction (Credit: ORISUN)

    皇冠酒店美高梅金殿相繼加入戰團 澳門賭壇明年再掀劇鬥 (太陽) 09月 11日 星期一 03:00AM


    【太陽報專訊】澳門消息:繼永利澳門酒店於上周三開業後,澳門未來將陸續有其他賭牌營運商加入戰團,爭奪「 賭壇一哥」之位,由賭王何鴻燊(相關新聞 - 網站)兒子何猷龍與澳洲(相關新聞 - 網站)PBL集團聯營的新濠博亞娛樂,旗下首
    間賭場酒店澳門皇冠酒店,預計會在下月平頂,並於明年四月開業「參戰」,至於美高梅金殿(MGM)亦已整裝 待發,預料在明年內殺入濠江大展拳腳,屆時又掀起另一番劇鬥。 何猷龍旗下的新濠國際日前公布業績,顯示公司上半年轉盈為虧,股東應佔虧損高達二千八百九十八萬三千元。不 過,新濠國際與澳洲PBL集團各佔五成股份的新濠博亞娛樂,以天價九億美元(約七十億二千萬港元)向永利收 購澳門最後一個轉批給賭牌。該公司的首間酒店、投資十五億元的澳門皇冠酒店,預計會在明年四月開幕,而另一 個位於路金光大道的項目夢幻之城,則會在○八年下半年完成。

    永利周末旺過金沙澳博

    澳門現時共有六個賭牌,包括三個正牌及三個副牌,分別為澳博、永利、銀河、威尼斯(相關新聞 - 網站)人集團、美高梅(MGM)及新濠博亞,當中只剩下美高梅及新濠博亞仍未有賭場運作。
    另外,永利澳門酒店開幕後,入場人數絡繹不絕,昨日為開業首個周日又適逢香港馬季開鑼,仍吸引大批港客到訪 ,人流較金沙及澳博多,永利主席史提芬永利亦有在場巡視賭場及酒店業務。
    香港馬迷蔡先生更一家人到永利玩樂,他說:「雖然馬季開鑼,但賭馬幾時都可以賭,反而想見識 拉斯維加斯(相關新聞 - 網站)賭場係點!」 另外,賭王何鴻燊昨晚表示,永利開幕幾日,短時間內無法知道對澳博的影響,如再開多間就無可避免造成影響。 他承認競爭者加入,人才流失在所難免,而澳博員工是其最好的秘密武器,保持競爭力。

    Source: Yahoo HK News

  12. #162

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    Re: Hong Kong Plus Macau forming a Theme Park/Entertainment/Gaming Cluster

    Like I said, I expect MGM and Wynn and Stanley Ho's thing in that one region to hold an edge over the Cotai properties.

    I mean, in one place you have Ho's new place, and he's got a lot of them because of his long monopoly, yes? And then you have Wynn, and Wynn has one of the nicest resorts in Las Vegas, and you have MGM, and MGM owns ten hotels in Vegas, a total of half the hotel rooms in the entire city. And they also own Bellagio, the other hotel in town as nice as Wynn Las Vegas (of course, it's a former Steve Wynn hotel.)

    Meanwhile, Venetian/LVSands owns one hotel on the LV Strip. Sometime next year, it will own a second one called Palazzo next door. The Venetian is being outclassed each year by properties like Bellagio and THEhotel and Wynn, and Palazzo will be of questionable quality since Adelson is known to be a money-miser.

    The charm of these Macau outlets is their ability to credit players for their play with perks in their Las Vegas resorts, but Venetian doesn't demand the quality of Wynn or Bellagio nor the sheer size of MGM-Mirage's resort lineup. Throw in the fancy new Stanley Ho casino for his long-term players and you have a winner.

  13. #163

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    Re: Hong Kong Plus Macau forming a Theme Park/Entertainment/Gaming Cluster

    A special programme on HK TVB. It is a weekly programme "Finance Magazine" and the latest episode they have a look at Macau.

    (in chinese only)

    Video Clip one-----> "New Casino at Macau, Wynn Macau, Galaxy Starworld etc.." whats the competitive environmnet at Macau? (Steve Wynn in interview) (the part on macau starts somewhere after the first 3 mins of the clip)

    Video Clip Two------> "Staffing issues for more Casinos"
    Last edited by PennysBayChronicle; 09-11-2006 at 11:22 PM.

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    Re: Hong Kong Plus Macau forming a Theme Park/Entertainment/Gaming Cluster

    Wynn Sells Macau Sub-Concession Right for $900M


    LAS VEGAS-The Macau subsidiary of publicly held Wynn Resorts Ltd. has sold its subconcession right to an affiliate of Publishing and Broadcasting Limited for $900 million. The right permits the owner to conduct gaming operations in the Macau Special Administrative Region of the People's Republic of China.

    Earlier this month, locally based Wynn Resorts opened the first phase of its second property, Wynn Macau, a destination casino resort with 600 hotel rooms and suites and 100,000 sf of casino space. Amenities include seven restaurants, 26,000 sf of retail space, a spa, a salon, entertainment lounges and meeting facilities.

    The second phase, expected to open by the end of 2007, will include an additional 135,000 sf of casino space, one additional restaurant, additional retail space, a theater, and a dramatic front feature attraction that company chairman Steve Wynn has described as something “completely unique” that “no one has ever seen.”



    Its first property, opened in 2005, is Wynn Las Vegas, a destination casino-hotel with 2,716 guest rooms and suites and 111,000 sf of casino space. Amenities include 22 food and beverage outlets; an on-site 18-hole golf course; approximately 223,000 sf of meeting space and approximately 76,000 sf of retail space.

    Wynn Las Vegas also is in the midst of being expanded. Dubbed Encore, the $1.74 billion project will add 2,042-rooms in a single tower. In and around the base of the tower will be a 54,000-sf casino, additional convention and meeting space, as well as restaurants, a nightclub, swimming pools, a spa and salon and retail outlets. The project has been under construction since April 2006. Completion is slated for the end of 2008.

    Further out on the development horizon for Wynn is a 54-acre site on Cotai, the name given to a strip of new reclaimed land between Taipa and Coloane in Macau. Cotai is about 300 acres in size and equal in length to the distance between Wynn Las Vegas and the MGM Grand. Wynn said discussions are ongoing with the government regarding its land concession. The deal for the property is expected to be finalized before the end of September.

    The property is situated next to the airport, between the Macau East Asian Games Dome and Macau University of Science and Technology. Wynn isn’t providing much detail with regard to his plans for the property, which he describes as two 27-acre pieces that face each other. He says the site could hold four hotels or two very large ones. Previously, he has alluded to four hotels, three of which would have casinos.

    As for how the property will get developed, Wynn says he’s been working on three different casino-hotel deals. As it stands, he said it’s likely one of the casino hotels will be 100% owned by Wynn Resorts and the other two hotels would involve joint ventures, then cautioned that “we have not made final arrangements with anyone in that regard.”
    In August, Wynn reported increasing sales and a narrowing loss in the second three months of the year. The company posted a net loss of $20.1, or $0.20 per share, compared with a net loss of $41.8 million, or $0.43 per share for the same 2005 period. The company’s adjusted net loss, which excluded $15.2 million in pre-opening expenses, was $4.9 million, or $0.05 per share. Regarding rumors of a weakening Vegas market, Wynn said “we’ve been looking at this, and our non-casino revenue this summer is sharply ahead of last year as well as casino revenue, and that includes July.”
    Source: globest.com

    The second phase, expected to open by the end of 2007, will include an additional 135,000 sf of casino space, one additional restaurant, additional retail space, a theater, and a dramatic front feature attraction that company chairman Steve Wynn has described as something “completely unique” that “no one has ever seen.”
    I wonder what this dramatic front feature attraction is ??

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    Re: Hong Kong Plus Macau forming a Theme Park/Entertainment/Gaming Cluster

    Don't get too excited. He's a master of overblown salesmanship.

    Wynn LV was called a radical departure not just from LV hotels, but from hotels in general. He compared the place to the pyramids of Egypt and the Eiffel Tower when talking about how much of an impact it would make on the world. Turned out that it was basically the Bellagio with a forest out front and a more modern look. It isn't bad but everyone was let down at the opening because he promsied so much.

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