The US-based Las Vegas Sands Corp yesterday staged the grand opening of its latest and largest casino resort in Asia, The Venetian Macao-Resort-Hotel, aiming to make it a regional entertainment and exhibition destination.

The US$2.4 billion Venetian Macao yesterday became the largest single-structure hotel in Asia and the second largest building in the world.

Similar to its sister property in Las Vegas, The Venetian Macao is a renaissance Venice-themed property featuring replicas of Venice landmarks such as St Mark’s Square, the Doge’s Palace, Campanile Tower and three indoor canals with gondolas and singing gondoliers.

The hotel has 3,000 all-suite guestrooms with 94,000 square metres of retail space. The casino floor, at 52,000 sq m with 870 table games and more than 3,400 slot machines, is claimed to be the largest in the world.

Mr Adelson, says The Venetian Macao represents a “massive paradigm shift” for the territory and tourism is Asia.

The facility includes a 15,000-seat Venetian Arena, which will host a pair of National Basketball Association exhibition games and a matchup of world-class tennis players Roger Federer and Pete Sampras in the next few weeks.

The Venetian Macao has altogether 112,000 sq m of meeting, convention and exhibition space, more than twice the amount of the Hong Kong Convention and Exhibition Centre.

William Weidner, president and chief operating officer of Las Vegas Sands said The Venetian Macao represents in one location fine dining, upscale shopping, entertainment, all-suite rooms, meeting and convention space, and expansive recreational amenities.

Those elements have helped make Las Vegas one of the world’s top leisure and business destinations. Las Vegas Sands Corp is bringing those elements to Asia for the first time to create a multi-day stay destination in Macao.

”It’s no overstatement to say that the opening of The Venetian Macao represents a massive paradigm shift for Macao and the future of tourism development in Asia,” said Sheldon Adelson, chairman and chief executive officer of Las Vegas Sands Corp, the parent company of The Venetian Macao.

The Venetian Macao is part of Las Vegas Sands Cotai Strip which is a collection of hotel properties to be run by well-known international hotel chains, such as Four Seasons, Sheraton, St Regis, Shangri-La, Traders, Hilton, Conrad, Fairmont, and Raffles.

Las Vegas Sands Corp would construct and own each of the hotels, and operate the casinos and entertainment venues in each hotel. Upon completion, the Cotai Strip properties will have altogether 20,000 guestrooms, more than three million square feet of retail space and nearly 30,000 seats of live entertainment offerings.

Las Vegas Sands Corp owns and operates the Venetian Casino Resort and the Sands Expo and Convention Center in Las Vegas, Nevada, and the Sands Macao Casino in Macau.

As well, the company has entered into agreements to develop gaming properties in the United Kingdom and is exploring other gaming entertainment opportunities in Asia, Europe and the United States.

Besides The Venetian Macao, Las Vegas Sands Corp is constructing three other integrated resorts: The Palazzo Resort-Hotel-Casino in Las Vegas, Sand Bethworks in Bethlehem, Pennsylvania, and The Marina Bay Sands in Singapore.

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