Casino Louis XIII will undertake the project under a so-called ‘service agreement’ with an existing Macau concessionaire or sub-concessionaire, although the identity of the license provider has so far not been confirmed by the company.
The owner is entrepreneur Stephen Hung who named the new resort after the French king who started building the famed Palace of Versailles, the resort will have over 6,039 square meters, with villas billed as the world’s “most extravagant” hotel suite that will reportedly cost US$ 130,000 a night.