It would open in early 2016
Boutique hotel casino projected for Cotai
2012-09-25
Reading time 36 seg
(Macau).- A group of unidentified investors is proposing to build a boutique-style hotel casino just next to the One Oasis Cotai South luxury residential project. The project doesn’t involve any government land grant, as it is being developed on private land.
According to Business Daily, the US$800 million project is eyeing to have a mid-double digit number of live gaming tables. Construction could begin as early as next year, with the aim of opening in the fourth quarter of 2015 or early 2016.
Business Daily says the casino included in the project would operate under a service provider agreement, but the partnering gaming operator’s name is yet to be disclosed.
The report adds the project was submitted to the government before the 2008 moratorium on new casino projects.
The principals in the boutique scheme are understood to be Stephen Hung, Peter Coker and Walter Power, according to Business Daily.
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