Pursuits
Macau Bets $27 Billion It Can Lure More Gamblers
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Take a tour of south Macau and it’s hard to tell that the world’s biggest gambling hub is contracting. On a vast piece of reclaimed land, dusty with cement mixers and dump trucks, all six of the city’s casino operators are building new resorts.
Galaxy Entertainment Group Ltd. will open the first of the new hotel-casinos May 27, including an area modeled after New York’s Broadway theater district. Melco Crown Entertainment Ltd. plans to finish the next project later this year, complete with Asia’s tallest Ferris wheel. Sands China Ltd. follows with a property featuring a half-size replica of the Eiffel Tower.