Weidner said the progress in the entertainment and retail aspects has been significant. In addition to the Cirque du Soleil show planned for The Venetian Macao and an ongoing partnership with the NBA to provide a variety of international basketball events, the company is working to finalize deals to bring other exciting sporting events, popular touring shows, major concerts, and a variety of special events to the Cotai Strip. Weidner reported the same type of progress is being made on the retail front, as retailers remain excited about being a part of this destination.
The Cotai Strip, which is currently being developed by Las Vegas Sands Corp., is a master-planned development of resort casino properties on an area of reclaimed land between the islands of Taipa and Coloane in Macao. The Cotai Strip will be home to a wide array of shopping, dining, and entertainment options, as well as 20,000 rooms branded by some of the most prestigious names in the hotel industry.
In addition to the construction progress, other key elements of the Cotai Strip continue to progress on a daily basis. “We are quickly establishing the critical mass needed to reposition Macao as a destination for shoppers, diners, entertainment-seekers and those looking for a wonderful place to hold their business meeting or convention,” said William Weidner, president and chief operating officer of Las Vegas Sands Corp.