Sands Macao (traditional Chinese: 金沙娛樂場) is a casino resort located in Macau Peninsula, Macau. It is owned and operated by the Las Vegas Sands Corporation, and was designed by Paul Steelman Design Group. It comprises a 229,000 square-foot (21,300 square-meter) casino, and a 51-suite VIP hotel. This reflects the fact that this casino is a day trip destination for millions of potential visitors, mostly from mainland China, who do not need to stay o...
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Sands Macao (traditional Chinese: 金沙娛樂場) is a casino resort located in Macau Peninsula, Macau. It is owned and operated by the Las Vegas Sands Corporation, and was designed by Paul Steelman Design Group. It comprises a 229,000 square-foot (21,300 square-meter) casino, and a 51-suite VIP hotel. This reflects the fact that this casino is a day trip destination for millions of potential visitors, mostly from mainland China, who do not need to stay overnight.
Las Vegas Sands chairman Sheldon Adelson has said that his company will soon be a mainly Chinese enterprise, and quipped that Las Vegas should be called "America's Macau". The president and chief operating officer of Las Vegas Sands Corporation predicted on February 12, 2007 that Macau has topped that of the Las Vegas Strip and will more than double again by 2010.
The casino opened on May 18, 2004 at a cost of $240 million. All of the mortgage bonds that were issued to finance construction were paid off in May 2005. In 2006, the...
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