LV Sands constructing
more Macau casinos

Oct 10, 2006 4:30 AM

On the heels of a recent topping off ceremony for its Venetian Macau Resort, Las Vegas Sands announced last week that after receiving the necessary regulatory approvals, it has begun construction on the last two sites of the Cotai Strip’s first phase.

Inspired by the famous Las Vegas Strip, the Cotai Strip is a master-planned development of resort and casino properties on Cotai — an area of reclaimed land between the islands of Taipa and Coloane in the administrative region of Macau.

"As planned, we have now undertaken work on each of the properties necessary for us to complete our vision of the Cotai Strip," said Sheldon Adelson, chairman and CEO of Las Vegas Sands Corp. "We are joined by the finest names in the hotel industry and we will continue to add the premium retailers, restaurants, entertainment and other amenities that will redefine Macau as north Asia’s premier leisure and convention destination."

While the Venetian Macau is scheduled to open next summer on the Cotai Strip, construction has also been taking place on the Four Seasons Hotel adjacent to the Venetian, as well as Shangri-La, Traders, Sheraton and St. Regis hotels, which are all being constructed across from the Venetian Macau.

The two locations, also referred to as sites "seven" and "eight," which are now under construction will be home to a 1,200-room Hilton Hotel, a 300-room Conrad Hotel, and 1.500 rooms divided between the Fairmont, Raffles and Resorts brand hotels.