THE MACAU METRO MONITOR, FEBRUARY 7, 2014
2014 CNY VISITOR ARRIVALS MGTO
Data thru February 6, 2014
GENTING SINGAPORE TO BUILD $2.2 BILLION CASINO IN SOUTH KOREA Channel News Asia, Bloomberg
Genting Singapore said it has entered into a joint venture agreement with Landing International Development Ltd (LIDL) , a Chinese property developer, to own, manage and operate a US$ 2.2 bn integrated resort when it opens in 2017 in South Korea. Construction will begin in June this year, the chairman said. The resort will have a total of 800 gaming tables and a casino floor of 27,000 square meters, he said. The integrated resort will include luxury hotels, a shopping mall, a theme park as well as gaming and entertainment facilities.
SJM TO BREAK GROUND FOR NEW RESORT NEXT WEEK Macau Business
SJM says it will break ground for its first casino-resort in Cotai next Thursday. SJM CEO Ambrose So said last week his company intended to open the casino-resort within three years.
SJM FORMS JOINT VENTURE TO RUN OVERSEAS LOTTERIES The Standard
SJM plans to spend US$50 million (HK$390 million) to buy lottery operations in five countries through a joint venture. The firm said yesterday it will set up a joint venture with eGame Solutions Operation Ltd, a global lottery provider. Together, they will control a number of country-specific firms that run lottery operations. SJM will own 75% of the joint venture, with eGame Solutions taking the rest.