New Macau Casinos Have Luck of the Draw in Second Expansion Phase

Galaxy Entertainment Group and Melco Crown Entertainment look best placed to benefit from the next phase of Macau's development as the world's gambling capital adds eight more mega-casinos by 2017.   The expansion will take place in the Chinese territory's glitzy Cotai Strip and is expected to more than double Macau's annual gaming revenues to $115 billion in four years, according to research from U.S. brokerage Wells Fargo.   Cotai is an area of reclaimed land...

© La Voix de l'Amérique - mercredi 12 mars 2014