hile half of Macau’s gaming operators are waiting to make their move onto the Cotai Strip, Sands China is opening today its third property there. us$4 billion have been invested in the Sands Cotai Central.
Sands China president and CEO Edward Tracy says the new property underlines the company’s commitment to mass-market hospitality and gaming, Macau Business reports in its April issue. Once complete, Cotai Central will house two themed casinos called Himalaya and Pacifica.
Himalaya opens in phase one and has about 600 slots, 216 gaming tables and four live electronic gaming tables connected to 200 terminals for players. Another 150 VIP tables can be found at the Paiza, Cotai Central’s dedicated area for VIP premium and junket players. The Paiza will host 11 fixed junkets.
The gaming operator will get 200 new tables from the government for the first phase. That will use up all the available tables under the cap of 5,500 imposed until next year. The property’s other tables will be sourced from Sands’ established casinos.
It could be far more difficult finding tables for Pacifica when it opens in the third quarter. “Our understanding is that we have another 200 new tables that we were essentially promised [by the government],” Sisk says.
Cotai Central’s first phase features more than 600 five-star rooms and suites under the Conrad hotel brand and another 1,200 four-star rooms from Holiday Inn. The opening will add another 28 shops, meeting space and food and beverage options to Cotai.
“There were few believers in my vision for the Cotai Strip when the site was basically under water,” said Sands China chairman Sheldon Adelson. “With the completion of Sands Cotai Central, that same spot will be home to thousands of hotel rooms, millions of square feet of retail, meeting and convention space, dozens of restaurants and so many other attractions.
“The opening of Sands Cotai Central is a game changer for the future of Macau as a leisure, entertainment and business location. On behalf of our entire company, we are proudly looking forward to introducing visitors from around the world to the largest integrated resort development ever constructed.”