World's biggest casino now ready to roll the dice
The $2.4 billion Venetian Macao Resort Hotel is finally open for business on Macau's Cotai, and can you believe our local Blue Frog is somewhere in that building? Las Vegas Sands claims the 10.5 million square foot Venetian — twice the size of the Las Vegas original — is the largest building in Asia. Sands' next casino in Asia -- which at US$3.6 billion will be one of the costliest casino-resorts ever -- will open up in Singapore. But reports have come in that the development cost will swell by up to US$1.44 billion due to an Indonesian sand ban. Fuelled by strong growth in gaming revenues, the Macau economy has ballooned 28.9% in the first half of the year.
