Paris - Arab Today
The gambling capital of the world, Macau, is set to become home to a sprawling, multi-billion-dollar Paris-themed resort that will include a replica of the Eiffel Tower.
The specs are impressive: when complete, The Parisian Macao will feature more than 3,000 hotel rooms and suites, 490,000 square feet (45,990 square meters) of retail space including dining and beverage options, as well as meeting and convention facilities.
Plans also include a replica of the Eiffel Tower, built 50 percent to scale of the original monument.
Developer Sands China Ltd., a subsidiary of Las Vegas Sands Corp., says it has received the green light to complete construction of the $2.7 billion USD resort from Macau officials.
The Parisian Macao, set to open in late 2015, would become the latest Las Vegas Sands Corp. development in Macau.
The Venetian Macao opened in 2007 as the first integrated resort in Macau.
Macau’s gambling industry rakes in seven times the revenue of its closest rival, Las Vegas, having netted the Chinese territory about $45 billion USD in 2013, compared to $6.5 billion in Sin City.
Source: Relaxnews