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New World Gambling Capital Edit
Macao Overtakes Vegas

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New World Gambling Capital
Macao Overtakes Vegas
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New World Gambling Capital - Macao Overtakes Vegas (VIDEO)
Macao Overtakes Vegas
 Published: Aug 29, 07
 Views: 4,205

The 10.5 million-square-foot Venetian Macao Resort opened on Tuesday to great fanfare; it is the second largest building in the world after the Boeing Co. plant in Washington. Needless to say, it’s the world’s largest casino, giving Macao the new status of global gambling capital. Since it is the only legal place to gamble in China, its future looks promising while it aims to attract wealthy Asians from other countries.

The Venetian houses 3,400 slot machines with room to expand to 6,000 and more than 800 gambling tables. It has 3,000 rooms, a 15,000-seat sports arena, retail space for 350 stores, 1.2 million square feet of convention space, fine dining and a Cirque du Soleil-produced show. Venetian Macao Aims to Transform Chinese Gambling Enclave Into Full-Fledged Resort City. Las Vegas Sands President William Weidner said earlier that 44 major conventions have already been scheduled at the Venetian for the next two years. He also said he expects the Venetian Macao to lengthen the average guest stay to three to four days from 1.2 days in other Macau hotels. (abcnews.go)

References:  nytimes, abcnews.go

Filed In:  commercials,  hip hotels,  marketing,  regional,  world








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