“Primorsky Krai Development Corporation” OJSC performs the function of the general developer Integrated Entertainment Zone territory, carries attracting investors and provides design and construction of engineering, transport and social infrastructure.
Diversification remains one of Macau’s loudest buzzwords, a government imperative for casino operators and a key to making Macau the world center of tourism and leisure envisioned by Beijing’s Five Year Plan for 2011-2015. Economic diversification has proven elusive in view of Macau’s gaming-centric tourist mix; customers want what they want.
Casinos not a fix-all for urban redevelopment: GMA
The “single greatest mistake” that a government or jurisdiction can make is to allocate land for a gaming project simply on the basis that it wants urban redevelopment in that spot, says a new report from Global Market Advisors LLC.
Global Market Advisors (GMA), a leading international consulting firm to the casino gaming, lodging, and airline industries, has issued a white paper on the effects of urban casino development. The paper, titled “Casinos and the City” explores the history of casino development in cities, past and current trends, and recommendations for future development of casinos in urban areas.
For its opening night concert, City of Dreams Manila brought in international stars Ne-Yo and Kelly Rowland. Industry observers are anxious to see how many more international players the US$1.3 billion CoD Manila will bring to the Philippine capital’s Entertainment City district. They’ll probably need to be patient
Negotiations involving a proposed resort casino on New Bedford’s waterfront took a quieter tone Monday, representing a marked change from the two days of bombast late last week that indicated the $500 million project could be close to a fiery end.