Two Way Hard Three | Las Vegas Casino & Design Blog

May 28, 2009

Cotai's City of Dreams Opens Monday

Posted by Hunter

The WSJ has an article about City of Dreams, set to open Monday on Macau's Cotai Strip.

http://online.wsj.com/article/SB124353285659363265.html

At $2.4 billion, it's a very ambitious project and I know a lot of Macau-o-philes that are eagerly awaiting the doors being thrown open. Other than The Venetian, it's the second *major* project to open on Cotai.


Categories: Business of Gaming, Macau Casinos and Hotels
Tags: cityofdreams, macau, melcocrown


Comments

Read archived comments (3 so far)
May 29, 2009 8:24 AM Posted by Las Vegas USA

That is a pretty hefty expenditure in today's market place. We will see how it holds up.

May 29, 2009 10:31 AM Posted by detroit1051

This NY Times story on an upscale residential development in Macau is upbeat about the area's future. What's interesting is One Central's location which should benefit both Wynn and MGM Grand. Here are links to the story and to the development's website which shows its proximity to Wynn.
http://www.nytimes.com/2009/05/29/greathomesanddestinations/29iht-remacao.html?_r=1&emc=tnt&tntemail0=y
http://www.onecentral.com.mo/en/location/ideal.htm

June 1, 2009 7:04 PM Posted by detroit1051

I haven't been to Macau, but I believe City of Dreams will be the catalyst Cotai needs, and the quality of the development will leave Venetian in the dust.
It's still amazing to me that the Seminole Tribe of Florida which started with cattle, citrus and bingo now owns and operates successful casinos and also owns Hard Rock International which is a key part of City of Dreams.
http://www.hardrockhotelmacau.com/city-of-dreams.html