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Macau casinos: placing bets on future demand

By Yi Tin Chak | 5 September 2007
Keywords: macau | the venetian | casinos | las vegas sands

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A week after The Venetian opens, specialists express their views on who will win and who will lose in the competitive Macau gaming market.

All eyes were on Macau on August 28, the day Las Vegas Sands formally unveiled its newest offering, The Venetian Macau. It is the world’s largest casino and is widely expected to catapult the city into a new era of prosperity.

The Venetian occupies 10.5 million square feet making it the second largest building in the world (behind one of Boeing’s US plants) and the largest in Asia. With its 850 gaming tables and 3,000 all-suite rooms, it has increased both gaming capacity and hotel rooms in Macau by over 20% in one shot. It also has one million square feet of retail space. ...

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