Thursday, May 05, 2005

Stanley Ho plans new Macau project - May 4, 2005

: "Gaming tycoon Stanley Ho has unveiled plans to build a HK$6.2 billion ($795 million) entertainment and residential development in Macau, the latest in a spree of big-ticket investments earmarked for the booming former Portuguese colony" The project, to be designed by French architect Paul Andreu, includes hotel, residential, commercial and casino facilities. n March, U.S. gaming magnate Sheldon Adelson, who heads the Las Vegas Sands Corp. , announced plans for a strip of casinos, hotels and shopping malls costing up to $15 billion. more