THE M3: SITE 3; CASINO LAND GRANT; CHANGI TRAFFIC

09/20/12 09:28AM EDT

The Macau Metro Monitor, September 20, 2012

WORK ON SANDS' PARCEL 3 TO START IN 60 DAYS: ADELSON Macau Business

Sands China is planning to invest at least US$2.5 billion (MOP20 billion) on Site 3.  Sheldon Adelson said that construction is set to begin in 60 days.  The project, to be named “The Parisian”, will include 3,000 hotel rooms and have an Eiffel Tower replica.

NEW CASINO LAND GRANTS IN 2012 "UNLIKELY": REPORT Macau Business

According to a source close to the matter, it is “unlikely” that the Macau government will approve any new casino land grants this year.  The government is currently analyzing requests filed by both MGM China and SJM.  MGM China’s land request proposal is the one closer to approval, but it is only likely to receive the final nod in 2013.

MONTHLY BREAKDOWN OF PASSENGER MOVEMENTS Changi Airport Group

Singapore's Changi Airport handled 4.28 million passengers in August, +10.9% YoY.

THE M3: SITE 3; CASINO LAND GRANT; CHANGI TRAFFIC - changi

 

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