Cotai Strip
The Cotai Strip is a term coined by Las Vegas Sands Corporation with regard to its building of a strip of hotel-casinos in the Cotai section of Macau, a special administrative region of the People's Republic of China.
| 路氹金光大道 Estrada do Istmo 路氹連貫公路 | |
     Clockwise from top: Cotai Strip, The Venetian Macao, Galaxy Macau, City of Dreams, and Sands Cotai Central. |
| Cotai Strip | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Chinese | 路氹金光大道 | ||||||||||
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Cotai was the result of a major land reclamation project which joined the two islands of Coloane and Taipa, and is part of the Macau government's continuous efforts to expand the region's territory. The reclaimed land in Cotai is to be mainly used for casino developments and Las Vegas Sands Corporation envisioned that their development of several adjacent properties would comprise an area that would resemble the Las Vegas Strip, albeit on a considerably smaller scale.[1][2]
Over the past decade, the layout of the Cotai Strip has also slowly developed into a grid-like layout with major hotels and casinos such as Galaxy Macau, MGM Cotai, and Wynn Palace, not directly connected to the 'strip' as opposed to Las Vegas Strip with the majority of major hotels and casinos with front access to the strip.
Naming
The United States Patent and Trademark Office has granted Las Vegas Sands Corporation a trademark on the term "Cotai Strip" (Serial #78588080, Registration #4396486), however some members of the press use the term to refer to all of the hotel-casinos in Cotai.
History
Creation
The Cotai Strip is a term coined by American Las Vegas Sands Corporation with regard to its building of a strip of hotel-casinos in the Cotai section of Macau, a special administrative region of the People's Republic of China.
Galaxy Entertainment Group's Grand Waldo Hotel was the first casino to commence operations in Cotai, opening its doors in May 2006.[3] The construction of many other casino and hotel projects is currently underway. The largest and most notable property on Cotai so far is Las Vegas Sands' The Venetian Macao, which opened its doors on August 28, 2007.[4] Melco Resorts & Entertainment Limited opened the City of Dreams directly across the street from The Venetian Macao on June 1, 2009.
Economic Crisis (2008-2010)
Due to the 2008 financial crisis, up to 11,000 construction workers were to lose their jobs as US gaming giant Las Vegas Sands cuts back its development in Macau.[5] Stephen Weaver, Sands' president for Asia, said up to 11,000 workers will lose their jobs in Macau after the company halted building projects in the city such as the developments of Plots 5 and 6, now Sands Cotai Central, on the strip.[6] Las Vegas Sands had instead, focused its construction work on the Marina Bay Sands Resort in Singapore.
On 30 November 2009, Las Vegas Sands announced that it had secured $1.75 billion to complete its development of Sands Cotai Central, which was abandoned with 65% completed in mid-2008. Sands Cotai Central was completed in phases from 2012 to 2015.
No information was released about Plots 3, 7 and 8. These were very likely to be cancelled. Macao's Director of the Lands, Public Works and Transport Bureau (DSSOPT), Jaime Carion, said on 5 December 2010, that the Government is now looking at developing non-gaming projects in Cotai. He stressed that the Sands China application procedure for Plots 7 and 8 was not fully complete and that the Government would announce the result at the most convenient time.[7]
Galaxy Entertainment Group who was building Galaxy Macau had also stated that after having a very slow construction in 2009, it will try to get its first phase of development open in the first quarter of 2011. Galaxy Macau was eventually opened on 15 May 2011.
Recent Developments
As of September 2020, several new hotel-casinos have opened in Cotai, with several more scheduled to open in the next few years including the Grand Lisboa Palace and the Lisboeta Macau.
Transportation
Bus
Other than a number of public bus services serving the area, many of the hotels in Cotai provides free shuttle buses for guests and visitors. These shuttle buses ferry passengers from the Border Gate, Macau International Airport, Outer Harbour Ferry Terminal, and Taipa Ferry Terminal, to the hotels, and vice versa.[8]
Macau Light Rapid Transit
Opened on 10 December 2019, the Taipa section of the Macau Light Rapid Transit serves Cotai Strip and the larger area of Cotai. The line has stations at nearly every hotel-casino as it meanders through the peripheral road of the Cotai Strip.
Stations serving adjacent hotel-casinos are as follow:
- Pai Kok Station - Galaxy Macau
- Cotai West Station - Galaxy Macau, Cotai Arena, Cotai Expo, The Venetian Macao, The Plaza Macao, The Parisian Macao
- Lotus Checkpoint Station - Studio City Macau
- Cotai East Station - MGM Cotai, City of Dreams, Wynn Palace
Map of Casinos and Hotels in Cotai by Macau Concessionaires
| Cotai | |||||||||||
| ↑ Taipa ↑ | |||||||||||
| Broadway Macau
(Galaxy) |
Galaxy Macau
(Galaxy) |
Cotai Arena (LVS) |
The Venetian Macao
(LVS) |
City of Dreams
(Melco) |
Wynn Palace
(Wynn) | ||||||
| Cotai Expo
(LVS) |
The Plaza Macao
(LVS) | ||||||||||
| The Parisian Macao
(LVS) |
Sands Cotai Central
(LVS) |
MGM Cotai
(MGM) | |||||||||
| Tropical Garden | |||||||||||
| Nature Reserve | Studio City Macau
(Melco) |
Parcel 7 | (Shun Tak) | Macau East Asian Games Dome | Grand Lisboa
Palace (SJM) The Lisboa Palace Hotel · | ||||||
| Parcel 8 | The Jumeirah Macau Hotel (Shun Tak) | Lisboeta Macau
(SJM) The Lisboeta Hotel · | |||||||||
| Caesars Golf Macau | Nature Reserve | ||||||||||
| ↓ Coloane ↓ | |||||||||||
Officially part of the Cotai Strip (LVS) | |||||||||||
Current Properties
| Property Name | Owner | Opened in | Features |
|---|---|---|---|
| The Venetian Macao | Las Vegas Sands Corporation | 2007-08-28 |
|
| The Plaza Macao | Las Vegas Sands Corporation | 2008-08-28 |
|
| City of Dreams | Melco Resorts & Entertainment Limited | 2009-06-01 |
|
| Galaxy Macau | Galaxy Entertainment Group | 2011-05-15 |
|
| Sands Cotai Central | Las Vegas Sands Corporation | 2012-04-11 |
|
| Studio City Macau | Melco Resorts & Entertainment Limited | 2015-10-27 |
|
| Broadway Macau (formerly Grand Waldo) | Galaxy Entertainment Group | 2015-05-27 |
|
| The Parisian Macao | Las Vegas Sands Corporation | 2016-09-13 |
|
| Wynn Palace | Wynn Resorts Limited | 2016-08-22 |
|
| MGM Cotai | MGM Resorts International | 2018-02-13 |
|
| Grand Lisboa Palace | SJM Holdings | 2021 (estimated) |
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| Lisboeta Macau | SJM Holdings | 2021 (estimated) |
|
Future Properties
Galaxy International Convention Centre (Phase 3)
Scheduled to be completed by the first half of 2021, Galaxy Macau will see the addition of a large-scale 16,000-seat arena named Galaxy Arena, a 650-seat auditorium, 40,000 square metres of MICE space, including a 10,000-square metre pillarless exhibition hall, and a 700-room hotel tower to be operated by Andaz as part of its Phase 3 expansion - Galaxy International Convention Centre (GICC). Built adjacent to Macau Light Rapid Transit's Cotai West Station, GICC will be seamlessly integrated with the existing Galaxy Macau resort.[9]
Phase 4
Scheduled to be completed in 2022, Phase 4 of Galaxy Macau's expansion will primarily be non-gaming focused and will add approximately 2,000 hotel rooms to the resort.[10]
Studio City Macau Expansion Phase 2
Scheduled to be completed by mid-2022, Phase 2 expansion of Studio City Macau will include two new hotel towers with a total of approximately 900 rooms. Additional gaming space, a cineplex, an indoor water park touted to be one of the world's largest, and facilities for meetings and exhibitions are also part of the expansion plans.[11]
Under the terms of its land concession with the Macau SAR Government, Studio City Macau must complete its expansion by 31 May 2022. However, due to the COVID-19 pandemic, construction is likely to be delayed and Melco Resorts & Entertainment Limited has stated that the expansion is unlikely to be completed by the deadline.[12]
Wynn Palace Expansion Phases 1 and 2
Announced by Wynn Resorts Limited in 2019, the expansion of Wynn Palace will focus on adding non-gaming assets and two new hotel towers with a total of approximately 1,300 rooms.[13][14]
Phase 1
A large glass and steel structure, named the Crystal Pavilion, housing an immersive performance space will be built adjacent to the existing Wynn Palace. Furthermore, a 650-room hotel tower will be erected alongside. Non-gaming assets such as interactive sculptures, gardens, and a gourmet food pavilion are also part of the expansion plans.[13]
Phase 1 is estimated to cost US$2 billion, with construction expected to begin in 2021 and completed by 2024.[13]
Phase 2
Another hotel tower housing 650 rooms will be built as part of Phase 2. Further details on this phase have yet to be released.[15]
Redevelopment of City of Dreams
Announced by Melco Resorts & Entertainment Limited in 2019, City of Dreams will undergo a makeover with a revamp of its hotel properties.[16]
With renovation works begun, Nüwa Hotel will be extensively refurbished after being renamed and rebranded from the former Crown Towers.[16]
In addition, three new villas will be added to the Morpheus Hotel.[16]
The Countdown Hotel, formerly Hard Rock Hotel, will also be revamped and renamed Libertine.[16]
Works for these redevelopments are scheduled to be completed by the 2021 Chinese New Year.[16]
Theme Park and Resort
The Macau Theme Park and Resort Ltd, controlled by Angela Leong On Kei, has said that it intends to build a MOP 10.4 billion family-oriented amusement resort and hotels in Cotai. According to a press statement, the integrated resort project will be developed in three phases and each of them will take about two and a half to three years to complete. The company revealed that the entire family resort will consist of one 5-star, four 4-star and one 3-star hotels with over 6,000 guest rooms, shopping malls, convention facilities, an indoor beach and wave pool, amusement rides, a 4D theatre, an equestrian centre, a horse carriage trail as well as a water sports performance centre.[17]
SJM Holdings is in talks with Macau Theme Park and Resort Ltd to try to find a way for both companies to cooperate on Cotai, chief executive officer, Ambrose So Shu Fai, revealed on 16 December 2010. Stanley Ho's SJM is still waiting for the Government to approve the application for a plot in Cotai, which sits just beside the Macau Dome and the land where the company, headed by businesswoman and lawmaker Angela Leong On Kei – who is also Stanley Ho's fourth wife and SJM's director –, is set to build the theme park. "We are not a shareholder in the theme park development, but we did talk with Angela Leong, who is developing that theme park, to see if there is a synergy between the two plots of land," So told reporters.[18]
The Jumeirah Macau Hotel
First announced in 2008 by Shun Tak Group, Dubai-based Jumeirah Group will manage and operate Macau's first ultra luxury hotel. The Jumeirah Macau Hotel is a 250-room five-star hotel to be located across from the Macau East Asian Games Dome. Initially scheduled to be opened in 2013, the site remains unused and there have been no further information on the project as of date.[19][20]
Plots 7 and 8
Sands China's application for Cotai plots 7 and 8 was submitted after a freeze on gaming land concession was announced back in 2008, secretary for Economy and Finance, Francis Tam Pak Yuen, explained on 15 December 2010 on the sidelines of a meeting at the Legislative Assembly. On the other hand, the three gaming operators Wynn Macau, MGM Macau and SJM Holdings who are yet to be granted plots in Cotai have filed applications before that policy was stated. As such it is likely the land concession requests of will be approved, the secretary said.[21] But the Land, Public Works and Transport Bureau (DSSOPT) director Jaime Carion told local media on Thursday 16 December 2010 that the plots 7 and 8 in Cotai will not be granted to either gaming operators SJM Holdings or Sands China.[22] After the Government snub, Las Vegas Sands (LVS) has dropped its interest in developing plots 7 and 8 in Cotai. "If somebody else builds on [parcels] 7 and 8, I will be happy. Happier than if I were going to build on it," LVS chairman Sheldon Adelson said at the Bank of America Merrill Lynch Global Gaming Conference in Las Vegas, on 9 January 2011.[23]
See also
References
- Ritzer, George (24 October 2017). Enchanting a Disenchanted World: Continuity and Change in the Cathedrals of Consumption. SAGE Publications. ISBN 9781412975810. Retrieved 24 October 2017 – via Google Books.
- "Cotai Strip - Macau - Tourist Attractions & Sightseeing r". Eventseeker.com. Retrieved 24 October 2017.
- "Grand Waldo Hotel Macau, Taipa Island". china-macau.com. Retrieved 2020-09-17.
- Venetian Macao press release, 28 August 2007
- "The Standard - Hong Kong's First FREE English Newspaper". 7 February 2009. Archived from the original on 7 February 2009. Retrieved 24 October 2017.
- "The Standard - Hong Kong's First FREE English Newspaper". 3 February 2009. Archived from the original on 3 February 2009. Retrieved 24 October 2017.
- "MACAU DAILY TIMES - Government looks for 'more diversification' in Cotai plots". 8 December 2010. Archived from the original on 8 December 2010. Retrieved 24 October 2017.
- "Macau Major Hotels Shuttle BusesTimetable". sctrvl.jpn.org. Retrieved 2020-09-17.
- "GALAXY INTEGRATED RESORTS INTRODUCES GICC AT IT&CM CHINA". Galaxy International Convention Center. Retrieved 2020-09-18.
- "GGRAsia – Galaxy Phase 3 open maybe mid-2021: analysts". GGRAsia. Retrieved 2020-09-18.
- "GGRAsia – Melco starts Studio City Phase 2, eyes mid-2022 completion". GGRAsia. Retrieved 2020-09-18.
- "Melco says Studio City Phase 2 development now unlikely to be complete by May 2022 deadline". IAG. Retrieved 2020-09-18.
- "Wynn Resorts plans $2B expansion in Macau". Las Vegas Review-Journal. Retrieved 2020-09-18.
- "Wynn Diamond". worldcasinodirectory.com. Retrieved 2020-09-18.
- "Wynn reveals details of planned Wynn Palace expansion, construction start delayed to 2021". IAG. Retrieved 2020-09-18.
- "Melco to start Studio City Phase 2 development this year, Nüwa upgrade to follow". IAG. Retrieved 2020-09-18.
- "MACAU DAILY TIMES - Theme park set to be built in Cotai". 15 November 2010. Archived from the original on 15 November 2010. Retrieved 24 October 2017.
- "MACAU DAILY TIMES - SJM in talks with Cotai's theme park". 20 December 2010. Archived from the original on 20 December 2010. Retrieved 24 October 2017.
- "MB July | Hotel mystery". Macau Business. Retrieved 2020-09-18.
- "Dubai-based Jumeirah Group to operate a five-star hotel in Macau". Macau News. Retrieved 2020-09-18.
- "MACAU DAILY TIMES - Tam: Sands' request for plots 7,8 came late". 17 December 2010. Archived from the original on 17 December 2010. Retrieved 24 October 2017.
- "Archived copy". Archived from the original on 2010-12-21. Retrieved 2010-12-20.CS1 maint: archived copy as title (link)
- "MACAU DAILY TIMES - Sands gives up on Cotai plots 7, 8". 14 January 2011. Archived from the original on 14 January 2011. Retrieved 24 October 2017.
External links
Media related to Cotai Strip at Wikimedia Commons