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The Macau Metro Monitor, January 26, 2012

SHERATON MACAU TO OPEN SEPT 15 Macau Business

Sheraton Macau, at Sands Cotai Central, will open September 15.  The hotel’s twin towers will feature 4,000 guestrooms, several restaurants and lounges, around 5,000 square meters of meeting space, as well as health clubs and outdoor swimming pools. 


JAPAN'S UNIVERSAL ENTERTAINMENT EYES PARTNER FOR $2BN MANILA PROJECT Reuters

According to its Chairman, Kazuo Okada, Japanese arcade-game maker Universal Entertainment Corp is in talks to get a local partner for its $2BN gaming and entertainment complex in Manila set to be completed in 2014.  The local partner would operate the shopping establishments outside the main casino-hotel projects set to rise on a 45-hectare site along Manila Bay, said Okada.  The Philippines project has caused friction between Okada and Wynn Resorts, with the company objecting to Okada competing with it.

Cristino Naguiat, chairman of PAGCOR (Philippine Amusement and Gaming Corporation), said MPEL had initially expressed interest in the Philippine gaming business.