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Macau Latest: Revenues Rise, 30 Rolls Royce Phantoms For The 13

Rolls Royce fleet arrives at The 13

With a hotel set to open early next year, joint Chairman of the project and entrepreneur Stephen Hung has been busy working on ways to make this establishment, named “The 13”, stand out. Through these efforts, he has now found the perfect way to add some style and make the hotel visible and recognisable around the streets of Macau.

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Rolls Royce Phantoms (Photo SCMP)

30 bright red Rolls Royce Phantoms with the logo for “The 13” painted on the side will be used to ferry VIP customers to, and from The 13 in what is a USD$20 million investment in luxury transport. There are even two gold Rolls Royces for the customer who wants something extra special.

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Stephen Hung (Photo SCMP)

Macau bouncing back

The last couple of years have been hard for the casino industry in Macau, with stern competition arriving from other Asian locations and VIP’s tempted to new pastures. After monthly revenue figures that have been bleak for a long time, there is now cause for fresh hope in the former primary Asian gambling hotspot.

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The Parisian Opening

September 2016 has seen revenue in Macau rise for the second month in a row, in a turnaround that represents a stark contrast to the previous 26 months of decline. According to analysts, Macau had in September the benefit of recent openings such as the Parisian and Wynn Palace.


Read more: The Parisian Macau Opens for Business


2014 saw President Xi Jinping visit Macau and accelerate its revenue downturn when he announced more regulation and scrutiny were in the works.

There is now a similar shadow being cast towards the former Portuguese colony, as current Premier Li Keqlang is due to visit in October. The hotels and casinos in the area will be hoping that no serious revenue turbulence will arrive with him.

Hong Kong Zhuhai Macao Bridge getting closer to completion

In an extraordinary collaboration of engineering, construction and around 400,000 tons of steel, the main section of a 55km bridge linking Chinese city Zhuhai to Hong Kong and Macau is now complete. The aptly named “Hong Kong-Zhuhai-Macau Bridge” (HKZMB) has a long way to go before being ready to open – 3 years if all goes to plan, but today is an important milestone in the construction of what will eventually become the largest bridge in the world to cross an expanse of sea.

 

Article by Craig Bradshaw