China, Macau. May 6, 2005.
Macau casino kingpin Stanley Ho
unveiled Tuesday plans for what will be the gambling
haven's largest casino, the Oceanus, a colossal
downtown entertainment complex covering three city
blocks.
The casino, which will replace the
aging Jai Alai in the heart of the former Portuguese
enclave, is expected to cost some 6.2 billion Hong
Kong dollars ($790 million) and be completed in
2009.
It will feature a 600-room hotel
and a 41-story apartment tower, as well as the city's
largest commercial and retail center. Go TravelingGoing
to Macau? Find out where to go and what to do from
real travelers! "We had to conceive a building that
could become a landmark, with a strong symbolic
appearance that shows not only the dynamism of a
fast-changing Macau but also continuity from the
past," architect Paul Andreu told reporters.
Andreu, the designer of the controversial
egg-shaped National Grand Theatre in the Chinese
capital Beijing, said he wanted the casino to be
the first thing passengers arriving at the nearby
ferry pier saw.
"People leaving Macau will look
back with some regret," he added.
Oceanus will be Ho's 15th casino
in the city, cementing his position in the downtown
area.
The complex will link with the ferry
pier, which he owns and plans to redesign, and will
abut his under-construction Fisherman's Wharf leisure
complex and extend into the harbor.
The combined complexes will practically
encircle Sands Macau, the first American-owned casino
to open in the enclave and whose arrival last May
spearheaded a renaissance in the once ailing gaming
sector, which last year earned some five billion
US dollars, a shade short of that earned in Las
Vegas.
Another two American gaming companies
are building casinos in the Chinese territory, taking
advantage of foreign operator rules that were relaxed
three years ago, robbing Ho of a gambling monopoly
he'd had for more than 40 years.
The sudden growth of casino business
in Macau has been driven by a huge increase in the
number of mainland Chinese visitors to the city,
who accounted for 80 percent of the 17 million arrivals
last year.
Source : travel.discovery.com
top