Singapore Casino Development Updates

Las Vegas is traditionally the gambling capital of the world, but these days the face of the casino industry is changing.

“Slot machines are no longer a novelty, and blackjack isn’t a novelty anymore. People aren’t going to fly 2,000 miles just to play nickel slots. What they will do though is they will fly 2,000 miles to have a great experience,” says Dr David Schwartz at the Center for Gaming Research, University of Nevada-Las Vegas.

Well this is a great comment and so true as this is what Macau and Singapore will be all about! I am sure that this what Las Vegas Sands has in mind, send US travelers on package tours to visit their Macau and Singapore Integrated Resorts on the one trip.

For the Singapore Casino Sentosa development watchers find below a link that has all the latest news and videos about the three presentations.

Poker Machines Will Prevail In Macau Says Aristrocat

Poker machine maker Aristocrat Leisure has denied claims it faces a struggle to increase machine sales in Macau because gamblers prefer to play the card game baccarat.

Speaking from Asia’s biggest gambling conference in Macau this week, chief executive Paul Oneile said gamblers visiting the former Portuguese enclave were acquiring a taste for machines and were expected to become regular players.

Turnover from poker machines accounted for 5%-6% of the total turnover in Macau, but was set to grow to as much as 20% within five years, he said. The remainder of turnover comes from baccarat, which is the most popular game, the reports.

Aristocrat is the top supplier of machines in Macau, with more than 60% of the market, giving it about 6000 machines.

Some in the market have said that the total number of machines will grow from 10,000 to 35,000 in three years.

The projected increase in poker machine patronage was revealed during presentations made by two of the world’s biggest casino companies, Wynn Resorts and the Las Vegas Sands, at the G2E gambling conference this week.

Mr Oneile made the comments about the potential for increased sales in response to comments by Mark Yoseloff, the head of rival poker machine maker Shuffle Master, who was reported to have said he was concerned that some casinos had been removing poker machines from their gaming floors.

“I don’t know if it’s a short-term issue or a long-term issue,” Mr Yoseloff said. “If we were only in the slot machine business, I’d be concerned.”

in which James Packer has a significant stake, is one of the casinos that has removed at least 350 machines to make room for baccarat tables to lure more VIP gamblers.

But Mr Oneile said the comments from Mr Yoseloff could be dismissed because, while some casinos had poker machines unused in warehouses, demand had now “caught up” with supply.

He said the , which has the world’s biggest gaming floor, and had recently dusted-off unused surplus machines and put them on gaming floors to meet demand.

Mr Oneile said some bullish market players had said poker machine turnover could grow to account for as much as 30% of Macau’s gaming turnover — a figure that was not that outlandish, given that Las Vegas makes 80% of its turnover from machines.

Mr Oneile attributed Aristocrat’s success to developing games specifically for Chinese gamblers’ tastes.

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Lifebrandz To Open Buddha Bar At Venetian Macao

LifeBrandz is pleased to announce that it has signed an agreement to launch a 35,000 square feet Buddha-bar as the anchor concept in , bringing this legendary restaurant club to Asia for the first time.

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The Venetian Resort Hotel is set to open by the third quarter of 2007, and will be a star attraction of ’s mega tourism development, an unparalleled master plan touted to become the ”Las Vegas Strip” of Asia. The destination resort, which is owned by Las Vegas Sands Corp., will be complete with beautifully crafted baroque Venice canals, gondolas, singing gondoliers and other legendary Venetian icons.

Mr. Clement Lee, CEO designate, LifeBrandz says, “We are excited with our new collaboration to launch Buddhabar, which is well positioned to ride the upcoming and tourism boom set to take place in . Buddhabar has the perfect offering for The Venetian Resort Hotel as it is a concept club steeped in the East West blend of music culture, thereby aligning itself closely with The Venetian ’s vision to pull together the charm of Venice, the glamour of Las Vegas and the exotic Asian flair of .”
Buddhabar is world renown for its choice of eclectic, ambient lounge music, and exclusive, high profile clientele. Part of the Parisianbased George V Group, Buddhabar recently celebrated its tenyear anniversary. It was first launched in Paris in 1996, and has since opened its doors in Beirut, Dubai and New York City.
LifeBrandz currently manages the largest portfolio of lifestyle and brands in Singapore, having recently launched a series of bars and restaurants, which reside in the newly revamped, F&B hub The Cannery at Clarke Quay. Amongst the international, iconic brands are Ministry of Sound, which occupies 40,000 square feet, while Fashion Bar, Kandi Bar, Barfly, The Clinic, Aurum and Bice Restaurant span another 40,000 square feet in total. In January 2007, LifeBrandz further launched Caf? del Mar which occupies 35,000 square feet on Siloso Beach, Sentosa.
“The Venetian Resort Hotel marks the first foray for LifeBrandz in our regional expansion strategy, and the Buddhabar will be our flagship property in the territory. As part of our ongoing growth strategy, we are also exploring opportunities in both and the greater China region,” adds Mr. Lee.
The Venetian Resort Hotel will boast the world’s biggest casino with 546,000 square feet of gambling space, 3,000 luxury suites and swimming pools in a 32storey tower, 1.1 million square feet of shopping, a 15,000 seat event centre, and a 1.2million square feet convention center. It will also house 30 fine dining restaurants on its premises and a 1,800 seat full time Cirque du Soleil theatre.

In 2005 LifeBrandz opened the iconic dance club, Ministry of Sound in Singapore and subsequently launched more exciting and interesting food and beverage venues at The Cannery at Clarke Quay, which include Bice Restaurant, Barfly, Fashion Bar, Kandi Bar, The Clinic, Aurum and Nectarie. In early 2007, it launched Cafe del Mar at Siloso Beach, Sentosa Island, the first designer beach club in Singapore.

Presentation courtesy LifeBrandz |

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Dr Stanley Ho Wants A Sydney Casino

casino mogul has become one of the biggest donors behind Australia’s Labor Party, sparking talk of a new casino for Sydney.

Ho has donated $109,000 to the ALP which contests the NSW state election next month.

$48,000 of Ho’s backing is to pay for the casino chief to have lunch with NSW Premier Morris Iemma.

Ho is the biggest player in the casino business globally, owning sixteen of ’s 24 casinos. Until the industry was deregulated in 1999 following China’s takeover of the former-Portuguese province, Ho owned all the casinos in .

hosted 22 million visitors last year, just shy of Hong Kong’s 24 million. also surpassed Las Vegas in gaming revenues in 2006 to become the casino capital of the world.

Ho’s interest in Sydney is possibly fermented by his partnership with Sydney-based James Packer whose company Publishing and Broadcasting is involved in two casino developments with the Ho family in , including the Crown due to open later this year.

Packer’s company owns and operates the only casinos in Melbourne and Perth, and has long coveted a casino license in Sydney.

Star City Casino in Sydney was given exclusivety for 12 years when it opened in 1995. That exclusivety runs out in six months time.

Aside from two floors of gaming tables, Star City houses 1,500 poker machines.

The Iemma government has not ruled out a second casino for Sydney but is unlikely to canvas the issue until after the election, and only then if it retains office.

It was a Labor government led by former Premier Neville Wran that awarded the original license in December 1994 to a consortium headed by Las Vegas’s Showboat, and the Sydney-based Leighton Properties. The Packer group was an unsuccessful bidder and appealed the decision.

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Hard Rock Hotel And Casino Macau Signs With Melco Pbl

Hard Rock International and Melco Hotels and Resorts Limited (), a subsidiary of Melco PBL () Limited (”Melco PBL ”), have signed definitive agreements for the development of and Casino at the Casino and Resort Complex, currently under construction in , a special administrative region of China, on the Strip.

Melco PBL , which is a NASDAQ-listed company, is developing the to be a “must-see” integrated casino and resort. The development is planned to feature an underwater- themed casino and four luxurious hotels, including , Grand Hyatt, Hyatt Regency and the Crown Towers, among other features. The development is planned to open in two phases, with the first phase (which is planned to include the and Casino ), expected to be opened late 2008.

“We are delighted with the prospective opening of and Casino in the Resort and also to work closely with Melco PBL ,” said Hamish Dodds, President and CEO, Hard Rock International. “ is the gateway to Asia and one of the world’s premier gaming destinations, and and Casino will be among its most unique properties. This development will chart the path for many more exciting Hard Rock leisure developments in Asia and a great new strategic relationship with Melco PBL .”

The high-energy Hard Rock property will be the first and Casino in Asia and will feature a state-of-the-art Hard Rock Casino with a mix of table games and slot devices; an approximately 380-room with guest rooms and suites designed by leading-edge Hard Rock designers, plus two custom “Rock Star” mega-suites; a Hard Rock Cafe offering Hard Rock’s updated menu, as well as a designated area for live music and a Rock Shop featuring Hard Rock’s traditional and new rock-star designed and inspired merchandise; a VIP roof-top nightclub with direct elevator service and the best nighttime views of ; a stylish casual dining restaurant offering round-the-clock service with Hard Rock accents; a stimulating health and fitness center complete with Hard Rock’s relaxing spa treatment rooms; a variety of uniquely designed meeting spaces; and an expansive pool and deck featuring Hard Rock’s custom cabanas and underwater music experiences.

is already positioned as one of the world’s largest gaming markets, with annual gaming revenue topping $5 billion, on par with the Las Vegas Strip. Melco PBL currently has two properties under construction including the .

Source |

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Sands Macau Are Firing

Las Vegas Sands has surely been in the news lately. First of all was their announcement of a huge 3rd Quarter profit for Sands . This was than followed by the news that former Venetian CEO Frank McFadden has joined ’s STDM | SJM casino group. Dr is basically doing what the foreign casino owners have been doing and that is hiring top Chinese casino experts, SJM is doing the opposite and is hiring Western experts.

Frank McFadden will join SJM as president of joint ventures and business development, and ‘apart from providing support to casino operations, Mr. McFadden will also be responsible for the development of new projects,” SJM said.

In a another development, there has been reports and rumours that last weekend Sands fired around 300 croupiers and dealers. They reportedly said that their attidude and performances were below par and they were being replaced by 200 Malaysian workers. What is interesting that the import of casino croupiers is not allowed in , so like to know how they got around that!

Sands employs around 4,000 dealers who work around the clock and are expected to follow the high standards have been set by their Western employers. What the local Macaunese workforce thinks about this remains to be seen, although Sands have said that they will continue to employ local staff.

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A Casino And Hotel Aimed At High Brow Tourists It Could Work Says Sjm

June 20, 2006 | | After many profitable years spent chasing casino dollars from Chinese gamblers, 's Sociedade de Jogos de (SJM) is turning its sights on luring in European visitors attracted to by its culture.

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To try and make it work, SJM is building a casino as near as it can to the historic centre of the city without actually incurring the wrath of UNESCO, the United Nations body that last year added the old town to its list of World Heritage sites. The scheme, on the edge of the Inner Harbour, a slightly run down part of the city, is to be   called Ponte 16.

To create the right offer, SJM is teaming up with the French hotel group Accor, to build a five star property under the Sofitel brand, which has instant recognition in the European market. The hotel and its accompanying casino will look a lot more genteel and sober than their flashy neon cousins in down town and . How many European culture hounds will come to to see Senado Square and the ruins of the Cathedral of St Paul, then be willing to spend the evening in a casino remains to be seen.

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