Zuga
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Zuga
Joined: May 21, 2014
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January 24th, 2015 at 8:30:08 AM permalink
sitting at the cost price of $3.2 billion, set to open mid 2015 : http://www.latestcasinobonuses.com/article/new-casino-opening-in-macau
"All it takes for evil to prevail is for good people to do nothing "
Baccaratfrom79
Baccaratfrom79
Joined: Jan 12, 2015
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January 24th, 2015 at 8:32:14 AM permalink
Being from NYC, I like it! However, they failed to mention what part and how big the brothel end of it would be? (as it isn't a huge secret as to their existence in the properties over there)
Bac79=Hazardous Material and Chemical person correcting other's mistakes. Non AP'er, I can't count cards, low intelligence. Sprinkles magical dust on the cards. Has a lucky monkey. Baby also has a green one. Sum it up: "It's okay just blame me, it's all my fault"! ( No one believes me--so I chose to stop posting)
beachbumbabs
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beachbumbabs
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January 24th, 2015 at 8:33:17 AM permalink
Wow, that's a knockout! I'd love to visit it someday. Who is the group behind it, Zuga? Melco? I don't know anything about them.
"If the house lost every hand, they wouldn't deal the game."
Zuga
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Zuga
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January 24th, 2015 at 8:37:18 AM permalink
these guys me thinks: http://www.melco-group.com/eng/index.html
"All it takes for evil to prevail is for good people to do nothing "
Deck007
Deck007
Joined: Mar 3, 2014
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January 24th, 2015 at 9:54:59 AM permalink
Quote: Deck007

I know a thing about Macau since it is like my backyard. I was there 3 months ago.

There has been a sea change there in the last few months. 6 projects are under various stages of construction. Only Galaxy has committed to a May 27 2015 opening date. Melco Studio city you mentioned above has said their opening, for public consumption, was sometime in May. But their whisper number to stock analyst was March this year. Everybody couldn't built fast enough to catch the boom.

The thing about Macau is that nobody knows how many gaming tables they will get. So in the event that Studio City get very few tables they could end up with a $3 Billion investment white elephant. There is a 3% cap per year on new tables in Macau.

The other worry is revenue is dropping all over Macau. Nobody can predict how much more bad it can get. If it last another 6 months my personal prediction is that some of the construction will stop and these sites will rot away like in 2008. My believe is also there is such a thing as herd mentality among Chinese gamblers. Once a crowd head for the door everybody couldn't get out fast enough.

Venthus
Venthus
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January 24th, 2015 at 10:00:00 AM permalink
Wasn't Gotham City supposed to be a nigh irredeemable pit of crime and corruption...?
Zuga
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Zuga
Joined: May 21, 2014
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January 24th, 2015 at 11:37:51 AM permalink
Quote: beachbumbabs

Wow, that's a knockout! I'd love to visit it someday. Who is the group behind it, Zuga? Melco? I don't know anything about them.


Quote: Zuga

these guys me thinks: http://www.melco-group.com/eng/index.html



and this appears to be their wiki page : https://en.wikipedia.org/wiki/Melco_International_Development
"All it takes for evil to prevail is for good people to do nothing "
Deck007
Deck007
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January 24th, 2015 at 4:57:33 PM permalink
Studio City to open mid-year with Batman ride, Ferris wheel

http://www.macaunews.com.mo/content/view/3165/13/lang,english/
EvenBob
EvenBob
Joined: Jul 18, 2010
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January 24th, 2015 at 5:33:15 PM permalink
Here ya go:

https://www.google.com/search?q=studio+city+macau+images&biw=1120&bih=569&tbm=isch&tbo=u&source=univ&sa=X&ei=kkfEVJi6HtWhyASqoIDACw&ved=0CB0QsAQ
"It's not enough to succeed, your friends must fail." Gore Vidal
EvenBob
EvenBob
Joined: Jul 18, 2010
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January 24th, 2015 at 5:49:35 PM permalink
But isn't Macao in trouble? Not good for a
new casino.

http://wizardofvegas.com/forum/off-topic/other-casinos/20033-macao-in-trouble/
"It's not enough to succeed, your friends must fail." Gore Vidal

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