The American billionaire Stephen Wynn, famous for his casino developments and most notably the Wynn Las Vegas, will make one of his biggest gambles this week when he opens a sleek $1 billion hotel-casino in Macau. The Wynn Macau is a small replica of the Las Vegas resort and is expected to attract the Chinese gambling masses. It has six gourmet restaurants, a shopping precinct, health club, pool and spa, not to mention lots of space for gambling and Las Vegas style entertainment.
Wynn Macau opens this week
News on Sofitel Macau@Ponte 16
Accor has been awarded the management contract for Sofitel Macau@Ponte16 in one of Macau’s most significant and historic precincts. The hotel is being developed by Pier 16 – Property Development Limited as part of an estimated HK$2.4 billion (US$300 million) total investment completed in two phases, with a casino development targeting operation by the end of 2006, and the Sofitel Macau@Ponte 16 scheduled to open in late 2007.
Sofitel Macau@Ponte16
Accor has been awarded the management contract for Sofitel Macau@Ponte16 in one of Macau’s most significant and historic precincts. The hotel is being developed by Pier 16 – Property Development Limited as part of an estimated HK $2.4 billion (US $300 million) total investment completed in two phases, with a casino development targeting operation by the end of 2006, and the Sofitel Macau@Ponte16 scheduled to open in late 2007.
Four Seasons Hotel Macau
An agreement has been reached in which Four Seasons Hotels and Resorts will manage a 400-room hotel being built by Las Vegas Sands Corp. on the Cotai Strip in the People’s Republic of China Special Administrative Region of Macao. Four Seasons will manage the Hotel and the serviced vacation suites, while Las Vegas Sands Corp. will operate the casino within the hotel.
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