Casino developers renew interest in Macau's Cotai Strip

05/19/2010 | Asia Times

Construction has restarted on Macau's Cotai Strip since the City of Dreams opened on June 1. Las Vegas Sands Corp. pioneered building on the strip in 2007 with the $2.2 billion Venetian Macao. "Casino gaming companies are de facto real estate development companies; therefore, being both in Cotai and downtown are natural real estate positions to have in Macau," said Jonathan Galaviz, an independent travel and leisure sector strategist.

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