Las Vegas Sands dazzles Macau's Cotai Strip with French flair
New US$2.9b Parisian resort positioned as "affordable luxury" for visitors
Macau
SHELDON Adelson is betting big on Macau once again, and this time he's adding some French flair and flavour to the former Portuguese colony.
The 83-year-old American billionaire led his top management from Las Vegas Sands (LVS) to open the company's newest integrated resort, the US$2.9 billion Parisian Macao, in the Chinese enclave's bustling Cotai Strip on Tuesday night.
The glittering complex, complete with a half-scale replica of the iconic Eiffel Tower in Paris, enters the market at a time when the extended slump in Macau's gambling revenues shows signs of bottoming out.
According to latest figures, gross gaming revenue went up 1.1 per cent in August, the first monthly expansion…
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