Cotai 2.0 to drive Macau’s next expansion phase

    Published in: Latest IntelligenceBy the end of 2017, all six of Macau’s gaming concessionaires will have completed multi-billion dollar projects on Cotai. The development of these luxury resorts is expected to ease capacity constraints in the casino industry in Macau, which may see a slowdown in growth until the new properties in Cotai begin to come online in mid-2015.Macau, which overtook the Las Vegas strip to become the world’s biggest gambling hub in 2006, is now looking forward to the next stage in its development. To date, growth in Macau’s $45.2 billion gambling industry has been built on resorts located on a narrow strip of land known as the Macau Peninsula and an area of development named Cotai 1. Located between Taipa and Coloane islands, Cotai is a piece of reclaimed land of 5.2 square kilometers and is expected to form the basis for a wave of future development, known as Cotai...

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