$2 billion City of Dreams Casino opens in Macau

[Steve Bourie]

China - June 1, 2009 -The City of Dreams, a massive casino resort in Macau, was unveiled today in the latest multibillion-dollar bet that this once seedy Chinese gambling enclave will become one of the world's top tourist destinations. It will be Macau's second-largest casino complex - complete with three hotels, more than 500 gambling tables, Las Vegas-style shows, an upscale shopping mall and restaurants.

The complex on Macau’s Cotai Strip has 516 gambling tables in a 39,019 sqm casino, Hard Rock and Grand Hyatt hotels as well as a multimedia theater and shops run by DFS.

Melco Crown is a joint venture between Lawrence Ho and Australian billionaire James Packer. City of Dreams, the first major casino to open here in almost two years, will host a permanent show designed by Franco Dragone, director of Celine Dion’s show in Las Vegas…UBS analysts believes product offering, and most surprisingly timing, will make City of Dreams a success.

See more at - http://www.yogonet.com/english/2009/06/01/melco-opens-us-2-billion-casino-in-macau2019s-cotai-strip