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Cotai Strip

Cotai Strip
A Strip
路氹金光大道
Estrada do Istmo
路氹連貫公路
Las Vegas Boulevard at night
Estrada do Istmo Caesars Palace
Welcome to Las Vegas sign GalexyWorld Resort (unfinshed 2).JPG
Clockwise from top: Cotai Strip, The Venetian Macao, Galaxy Macau, City of Dreams, and Sands Cotai Central.

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. 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.

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.

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. 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' Venetian Macao, which opened its doors on August 28, 2007.Melco PBL Holdings opened the City of Dreams directly across the street from the Venetian on June 1, 2009.

Due to the 2008 financial crisis, up to 11,000 construction workers are to lose their jobs as US gaming giant Las Vegas Sands cuts back its development in Macau. 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. Developments of site no. 5 and no. 6 on the strip will be halted. Las Vegas Sands has focused its construction work on the Marina Bay Sands Resort in Singapore.


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Wikipedia

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