Tuesday, August 09, 2005

The most expensive project ever built in the city of Cotai, Macau

Reports are going the rounds that the blockbuster budget for the Venetian Macau casino resort in Cotai has climbed to US$ 2 billion and could go higher. Moreover, Sheldon Adelson announced he is seeking additional land for expansion. Venetian Macau will be the most expensive project in Cotai history. The Venetian will be the most expensive project ever built in the city, with a budget now topping that of the Macau International Airport by two-thirds. Las Vegas Sands announced this week to open the resort with 3,000 guestrooms, instead of holding off on half the rooms till later. Las Vegas Sands aims to open the Venetian Macau in late June 2007.