Oct
27
The upcoming Cotai real estate boom
Filed Under Macao, Cotai, Taipa, Real Estate | Leave a Comment
Relating to an aritcle I posted a few weeks ago, this one is from MacauBusiness.com…
“This month’s Cotai kick-off will mean many things to many people. For residents on Taipa, it will likely mean higher rents. At least that’s what voices in the world of real-estate are forecasting.
According to Terence Ho, the manager of Great Macao Estates based in Taipa’s Supreme Flower City, rental rates on Taipa will likely see a sharp spike soon. Comments Ho, “My guess is that rental prices
Oct
27
CNN interviews Sheldon Adelson
Filed Under Cotai | Leave a Comment
Here’s a quick little interview with Sheldon Adelson. In the interview, he shares with the world a few easy tips that will make everyone billionaires.
Here’s a quick excerpt that allows us to dive into the mind of one of the world’s “biggest” thinkers…
“Being an entrepreneur is like being a performer, you want to go and perform whatever you do, sing, dance, act whatever, then you hear the applause. When the applause eventually dies down you say “I like that applause, I want to hear some more,” so you go on and do something Read more
Oct
24
Cotai Strip ferry terminal capacity expands
Filed Under Macao, Cotai, Ferry | Leave a Comment
MacauHub writes…
“Macau’s second ferry terminal opened (last) Tuesday due to a sharp increase in visitors and congestion at the existing terminal, the territory’s harbormaster’s office said Monday.
The new terminal on Taipa Island is being built to receive boats with up to 1,200 passengers, while the existing facility can deal with boats with capacity for up to 400 people.
Two companies are to operate the Taipa ferry terminal, Dragão Gigante Transportes Marítimos, a Hong Kong-Macau consortium, and Cotai Water Jets Macau, part-owned Read more
Oct
24
More on Macao table games
Filed Under Macao, Cotai, Gambling | Leave a Comment
Here’s a follow up article from the LV Review Journal that talks about the slowly changing table game market in Macao. Full article can be found here, but here are the higlights…
“New table games are slowly finding an audience in Macau’s casinos. Baccarat is still the main draw, but Asian-themed card and dice games, such as Sic Bo, Fan Tan and Yee Hah Hi, have gathered a following. Casino stalwarts blackjack, roulette and craps are also being used.”
“Las Vegas-based Shuffle Master has been able to place a small number of Casino Read more
Oct
24
Can poker take hold in Macao?
Filed Under Macao, Cotai, ENTERTAINMENT, Gambling | Leave a Comment
Everyone knows Americans love their poker. The rebirth of poker in the US really only began about five years ago but caught on like wildfire, and now its hard to find a casino in the US without poker tables. Thats not the case in Asia - yet?
It will be interesting to see how this tournament and, i’m guessing, many othes over the next year do as western style entertainment on the Cotai Strip® is exposed to Asians. Sure Asians may enjoy watching a show or eating at a fancy restaurant as part of their casino entertainment, but will the western table games such as blackjack and poker Read more
Oct
19
Mega Macao launches this weekend
Filed Under Macao, Cotai, Venetian Macao, Convention and Expo | Leave a Comment
HONG KONG, Oct. 10 /Xinhua-PRNewswire/ — Kenfair International
Limited, a Hong Kong-based trade fair organiser, announced last October
that it will launch “Mega Macao” — its first-ever trade fair in Macao in
October 2007 at The Cotai Strip(TM) Convention and Exhibition Center at The
Venetian(R) Macao, the city’s brand new and largest exhibition venue. The
second edition of the show is scheduled for April 2008 to coincide with the Read more
Oct
19
Cotai Strip® Basketball Begins
Filed Under Macau, Cotai, Sports | Leave a Comment
It’s good to see a sell out at the Venetian Macao’s new arena, but its too bad the Chinese couldnt cobble together a better team. Maybe Saturday’s upcoming game will be a little closer, but more importantly, hopefully its another sell-out.
This is just the beginning of world class entertainment on the Cotai Strip®, and as long as the casino companies Read more
Oct
14
Harrah’s Macao in the Cotai
Filed Under Macau, Cotai, Harrah's | 5 Comments
I wrote a little something for Martin “Mr. Macau” Chua’s website MacauCasinoWorld.com about Harrah’s and their potential plans for the golf course they bought on the Cotai. I figure alot of Asian’s may not really be familiar with Harrah’s Entertainment so I give a brief intro, and I talk about the dilemma that Harrah’s will be facing as they try plant their flag on Macao’s Cotai district. Here’s the teaser… Read more
Oct
11
Galaxy gets new investor for big Cotai plans
Filed Under Macao, Cotai, Wall Street, Galaxy | Leave a Comment
There has always been some concern that Galaxy did not have the financial flexibility to finish up the GalaxyWorld Resort (although it looks like they’re back to now calling it Cotai Mega Resort again). And lets not forget that they have plans for nine more hotels on their Cotai site.
This big investment by a large Private Equity player will go along way in allowing Galaxy to build whatever they want in Cotai. Read more
Oct
9
Cirque de Soleil on Macao’s Cotai Strip®
Filed Under Cotai, Venetian Macao, ENTERTAINMENT, Nightlife, Cirque de Soleil | 4 Comments
For those of you who have never seen a Cirque show, I have one recommendation - see one! They’re pretty incredible. Anyway, here’s an interesting article about how the Canadian company Cirque de Soleil imposing its solcial responsibility agenda in Macao:
“We are dreamers and we try to do our part to Read more
Oct
7
IS LVS’s Macao Concession in Jeopardy?
Filed Under Cotai, Las Vegas Sands, Wall Street | 1 Comment
I am surprised this article from the Las Vegas Review Journal has not caught more people’s attention. Apparently LVS is caught up in a potentially ugly lawsuit where the juicy details are currently confidential. But, according to the article, LVS’s lawyers, “argued during a hearing in a case filed more than 18 months ago that releasing the sealed information could put Read more
Oct
3
The other side of Macao
Filed Under Macao, OTHER | 2 Comments
Here’s one worth reading. I make such a big deal about the casino billionaires and the multi-billion dollar casino resorts that they’re building, that I probably dont pay enough attention to the little guy…
“…not much of the billions of investment rub off on the average Macanese. The high-paying design and management jobs have gone mostly to Hong Kong and foreign people while most of the building work is done by labor imported from the Read more