CR85-p20-Asia&Oceania1:SJC-Casino Review 25/10/09 11:22 Page 1
internationalcasinoreview
Shipping union declares
Royale unfit
Casino Royale, Goa’s biggest offshore
casino, has been slammed as being
technically ‘inferior’ and ‘unfit’ to
accommodate 888 passengers
News
according to the union shipping
ministry. Owned by High Street
Cruises, the ship is one of six offshore
casinos moored off Panaji in the
Mandovi river. The are challenging the
state government’s recent decision to
move them from the Mandovi to the
ASIA & OCEANIA
Arabian Sea in the high court.
Belle to spend
The land to be developed for
Bagong Nayong Pilipino
Entertainment City Manila
P14B on Manila
Bay casino project
The resilience of many Asian markets during the global downturn has seen a
steady stream of new projects in the casino sector. The Philippine Amusement
Gaming Corp’s decision to sell licences for its Bagong Nayong Pilipino
Entertainment City Manila will see a new name Belle Corp enter the sector. It is
already in talks with three international operators to run its proposed venue.
ringthebelle Philippine Amusement Gaming Corp Parañaque casino will see it act as Ocier said: “The gaming market will be phased out or will lose their
PHILIPPINES (Pagcor), which is spearheading the the gateway to Pagcor’s ambitious in Asia is very big, that is why you business to us. When we start making
development of a huge entertain- Bagong Nayong Pilipino Manila Bay see multi-billion projects being done money and new casinos, it will create
Belle Corp, a leading Philippine ment and leisure project at the Manila Entertainment City project. in Macau and Singapore and we are that market to pull in more demand
developer of high-end residential Bay reclamation area. It will include a shopping basically just catching a small part of from other countries,” he said. “In
and leisure properties, will mark its Pagcor gave licences to Aruze of centre and hotels with 15 suites the market. The casino business is all two years or three years’ time, we
first foray into the casino sector by Japan, to a consortium fronted by to accommodate the high rollers about tourism and entertainment.” would want to sit down and look at
building a multi-billion-peso Megaworld and to Premium that it is aiming for. He said that Belle was aiming to our priorities and our direction
complex in Parañaque, one of the Leisure and Amusement. Although no details have been attract players from the Asian because we would like to think that
cities and municipalities that make Belle recently purchased the released yet, an international opera- markets especially those who do a big part of our revenues will come
up Metro Manila in the Philippines. licence from Premium Leisure and tor will be chosen to run the venue not want a ‘highly regulated envi- from the casino business.”
The group plans to start the con- Amusement owned by the Henry and also invest in its construction. ronment.’ Belle’s desire to enter the casino
struction of its P14bn casino complex Sy-led SM group, a mall and banking The group said it is in discussions He believes the Philippines will market has been a long term vision.
on 6.2-hectares of land in Parañaque conglomerate. Premium Leisure with three publicly listed foreign be able to attract many ‘hardcore’ It first mooted the idea of a casino-
next year, with the aim of opening in received more shares in listed Belle firms. Belle Corp vice-chairman players and that projects such as this hotel project on the same
2011. The investment is part of the in return. The Sy family now holds Willy Ocier said this will give the will in time change the face of gam- Parañaque land ten years ago but
total P46bn commitment given by a 50 per cent stake in Belle. company the flexibility to open bling in the Philippines. the project was axed due to the
Belle and the SM group to state-led The location of the proposed more casinos in the future. “Eventually, the Pagcor casinos Asian financial crisis.
Mongolia Ho’s Arc marks
dreams of Macau’s 33rd
China Vegas casino
chinainyourhand include hotels, offices, arcdetriumph
MONGOLIA industrial and retail floor CHINA
space. Resort City Central,
The asset holding an inner 5 square The US$360 Parisian theme
company China Holdings kilometers, is destined for L’Arc Macau Casino opened in
has said it is working on a casinos, golf courses, late September located in
project called China Vegas, residential areas, shopping Macau’s Golden Triangle. The
on a 100 square kilometers precincts, horse racing
The Imperial Palace: a little bit of
development includes a 57-
of land in the Republic of facilities and other the Orient in Las Vegas floor mixed-use high rise with
China’s Inner Mongolia recreational pursuits. It will hotel rooms, residential condo-
region which it expects to have a cosmopolitan flavour miniums and casino gaming.
see come to fruition over with essential Chinese movie premieres. The sports highways. The entire Described as combining
the next ten years. architecture combined with destinations include: golf required basic elegant European touches with
China Vegas, a New that of many of the world’s courses with a clubhouse infrastructure was built by hints of classic Chinese inspira-
World Resort City, proposes great cities such as Paris, and golf academy and the Chinese Government by tion, the L’Arc Macau hotel is
a growth area of one million London and Rome. bordered by 250m 2 to the end of 2008. centrally located in the ‘Royal
people in the 100 square The company said: “The 500m 2 villas, soccer field Julianna Lu, the founder District’ within 20 minutes of
kilometer plot at the centre entertainment destinations and a soccer stadium, and chair of China Holdings, Macau International Airport
of 800 square kilometers of include: five-star hotels, exhibition hall, stadiums said: “We are privileged to and 10 minutes from Macau
land controlled by China themed casinos, pedestrian suitable for Olympic events, develop this 100 sq km land Ferry Terminal and Border Gate. formances are part of the enter-
Holdings in Mongolia which skyways linking hotels to tennis courts, equestrian into ‘China Vegas - A New The five-star hotel is home to tainment offered by the casino
borders Russia to the north casinos, boutiques, center, car and motorcycle World Resort City’ in Inner Macau’s 33rd and Sociedade de as well as The Wine Barrel
and the People’s Republic restaurants. Theatrical racing, horse race track. Mongolia, China in the next Jogos de Macao’s 20th casino. restaurant.
of China to the south, east destinations include: China Vegas - The New 10 years. As we are creating The gaming floor has over L'Arc Casino is next to the
and west. Broadway-style musical World Resort City, is a world event, a world 150 gaming tables with about Wynn Macau and the MGM
An Entertainment theater, Las Vegas-style located near an existing resort city in China which 50 dedicated for the VIP market Grand Macau casino-resorts.
Precinct Plan for a floor shows, traditional brand-new airport, and will grow into billions and and over 100 for the mass SJM, owned by Stanley Ho, cur-
designated 20 square Chinese theater, served by advanced high- billions revenues city in the market, alongside around 430 rently has a market share of
kilometers of land will international and Chinese speed railway and modern next 10 to 20 years.” slot machines. Live stage per- around 30 per cent of Macau.
20 November 2009 • asia&oceanianews
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80