THE M3: MSC DETAILS; CRA

The Macau Metro Monitor, June 17, 2011

 

 

MACAO STUDIO CITY TO HAVE UP TO 400 GAMING TABLES: LAWRENCE HO Macau Business 
MPEL CEO Lawrence Ho says that Macao Studio City (MSC) will open with 300 to 400 gambling tables and 1,200 slot machines, pending government approval.  Ho also said that the project would cost a further US$1.7 BN (MOP13.6 BN).  It will include 2,000 hotel rooms, 200,000 square feet of retail space and entertainment offerings.

 

Regarding the opening date, Ho remarked that MSC will not open by 2013 as stated in the land concession contract but said that "we wouldn't have done this without the Macau government's blessing.”  The tentative deadline to open the property is the first half of 2015.

 

CRA TO LAUNCH A FULL-SCALE INSPECTION ON IRs Strait Times

Singapore's Casino Regulatory Authority (CRA) will launch a full-scale inspection on MBS and RWS at the end of the year to make sure that the operators are complying with all the rules and regulations.  Richard Magnus, chairman of the CRA, said that checks are necessary to determine whether the casino operators are complying with the Casino Control Act, its regulations and licensing requirement, internal controls and approved game rules.


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