To be build on a 100,000 square meter reclamation between two islands called the Cotai strip it is leading a development that will by 2009 house at least 25 American-style resorts and casinos, including the US$1.8 billion Venetian Macau which openend on August 28, 2007.

Latest Cotai Strip news :: Construction Update December 2007

The biggest player so far is Sheldon Adelson of Las Vegas Sands group who is emerging as the king of Cotai. Adelson has lured the world�s top hotels chains to build six 3,000-room hotel casinos on the Cotai Strip costing over US$6 billion in the initial phase. It is building a 400-room luxury hotel under the Four Seasons brand.

Las Vegas Sands on August 28, 2007 openend the US$2.1 billion the Venetian Macao Casino Resort. It already operates the US$265 million Sands Macao casino, which opened midway through the second quarter of 2004.

Meanwhile, Las Vegas Sands announced it had signed a further agreement with Hong Kong-listed Far East Consortium International on development of a resort close to the Venetian. The hotel would have 2,000 rooms, operated by an internationally recognized hotel management group, which would be expanded to 3,000 rooms. The hotel would include 13,000 square meters of casino and showroom space that would be developed and leased by Las Vegas Sands. The hotel would be ready within six months of the Venetian’s completion in early 2008.

Far East operates three hotels under its Dorsett brand name in Hong Kong and Malaysia. According to a presentation posted on the company’s investor relations website, the Macau project will also be called Dorsett and will actually include three hotels of three-, four-and five-star quality.

The presentation says the 300,000 square-meter project will include serviced apartments, a water park, a theme park, an ice-skating rink, a 12-screen cinema, and a shopping mall.

Las Vegas Sands has reportedly signed a preliminary agreement to develop Four Seasons in the same area with Singapore’s Hotel Properties, and agreements with Hilton, Shangri-La Hotels, Starwood Hotels and Resorts, Regal International, Marriott International, and InterContinental Hotels Group. They already are to build the hotels, convention facilities as well as several theaters. The first phase of the Cotai Strip is due to open in August 2007.

The Venetian Macau will be the anchor of the much larger Cotai Strip mega-tourism development, an unparalleled master plan that will become the �Las Vegas Strip of Asia.� With up to 20 hotel developments and more than 60,000 hotel rooms, the Cotai Strip will firmly establish Macau as the entertainment capital of Asia by offering fantastic canals, lavish gardens and parks, exquisite waterfalls, and beautiful lush green landscaping combined with various hotel developments managed by the most reputable hospitality operators from around the world. Each will bring its own distinctive amenities and services to Macau, including wonderful suites, spas, meeting space, food and beverage outlets, pools, and its own Las Vegas-style casino and showroom.

The Cotai Strip will become the ultimate casino resort destination for visitors from around the world to indulge in an oasis of luxury and excitement where all needs, wants, and entertainment expectations are exceeded daily.

Dubbed the �City of Dreams� the US$1.1-billion, 1.2 million sq ft underwater casino project with a tropical marine life theme is a joint venture Melco PBL, between Melco run by Lawrence Ho and PBL run by James Packer. The project will have 450-gaming tables and 3,000-slot machines, it will have two four-star hotels and one five-star hotel with a total of 2,000 rooms, 1.5 million sq ft of serviced apartments, an upscale shopping mall and a 4,000-seat theatre. They are expecting their first customers in late 2008.

Nearby, Galaxy Entertainment Group has begun building the Galaxy Mega Resort that will be a 13-storey gambling haven and will be the first to bring in punters at Cotai. Across the road Las Vegas tycoon Steve Wynn will open in early 2009, a US$1 billion 600-room, 200-table complex; and MGM Grand Paradise, which pioneered the family casinos in Vegas, is opening a property with Ho’s daughter Pansy. When it is complete by 2010, the Cotai strip will provide some 30,000 rooms – 4,500 at the Venetian alone – about 1,000 gaming tables and at least 100,000 square feet of convention space.

The strip is expected employ some 150,000 staff. Many distrust relying on one industry but with no nearby competition and China — though morally and politically opposed to gambling — committed to maintaining Macau as the nation’s only casino haven, problems, for now, look far away. No one can see an end to the gambling jackpot. Analysts say that by 2010, Cotai Strip will be bigger, grander and indeed be raking in a lot more dough than the Vegas Strip.

• Macau Casinos Now Authorised to Offer Texas Hold'em Poker Officials in the booming southern China gambling enclave have authorized local casinos to offer the popular card game for the first time, and the Grand Lisboa ts the first Macau...
• Macau Casinos and Gambling in Macau Macau, that former little picturesque colony of the Portuguese since 1553 certainly has had a colorful history. This tiny country of +/- 540,000 inhabitants must be wondering what is happening...
• Four Seasons Hotel Macao at The Cotai Strip Now Recruiting Four Seasons Hotel Macao at The Cotai Strip will offer our guests their own private Macau in the heart of the premier Cotai Strip. An elegant, refined world of privileged...

• Hotels in Celebration Find the best Celebration Hotels! All Celebration Hotels including the Mona Lisa Suite Hotel and the Celebration Hotel are located just minutes from all Walt Disney World theme parks and...
• Squaw Valley USA, Olympic Valley, CA Squaw Valley USA is located in: Olympic Valley, CA Phone: (530) 583-6985 Website: http://www.squaw.com/ About the Resort: This is a legendary resort that has built up an incredible reputation as...
• History of Top 10 Banks of the United States [/caption] The year 2009 was not a very promising one as the global recession wounded the financial conditions of the world. The economic slowdown of the advanced countries that began...