Lisboa Expansion Thread

***SeeMacau*** · June 20th, 2004, 06:48 AM

A new 40 story height and 234 meter hotel will starts the construction beginning of next year.

It will becomes the tallest building in Macau after completion.

***SeeMacau*** · June 20th, 2004, 06:48 AM

New casinos are cropping up, the economy is booming in double-digits and Macau is about to find out if it made a smart bet by opening the doors to Las Vegas-style casinos ready to give longtime gambling tycoon Stanley Ho a run for his money.

Ho held a monopoly on gambling for more than four decades in this former Portuguese colony, but the competition starts rolling within days as The Sands Macau opens its door, led by the man who made a splash in Las Vegas with his casino-hotel replica of Venice.

Sheldon Adelson's Venetian group hopes to open the Sands on Monday -- though one casino executive acknowledged privately that the company is consulting with feng shui experts to pick a lucky day and that May 18 may be the right time to open. Anyway, construction isn't quite finished yet on the Sands property, slated to have 250 gambling tables and 600 slot machines.

But it will soon be followed by the Waldo Hotel, a smaller property with 38 tables and 100 slot machines that launches next month and will be operated by Hong Kong-based Lui Che-woo, who shares a casino license with Adelson.

Ho holds one of Macau's three licenses that were awarded in 2002, with the other held by Las Vegas gambling mogul Steve Wynn who is hoping for reforms to the enclave's gambling laws before he commits further.

Critics say that decades as a monopolist gave Ho little incentive for innovation in a chain of casinos dominated by the flagship Lisboa, but he's scrambling now to become more competitive and predicts he'll beat out his new rivals.

Las Vegas may be known as the global gambling capital, but Ho spokeswoman Janet Wong says that in tiny Macau her boss is still the king.

"We are the only one that has its roots in Macau," Wong said. "We have more than 40 years of experience and a good network of hotels, retail and property businesses.

Some locals agree.

"Everyone knows about Mr. Ho and his Lisboa but nothing about those from Las Vegas," said Macau resident Ng Pui-peng, 42.

Ho, who is 82, recently spiffed up the Lisboa with bright neon lights reminiscent of the old Las Vegas Strip, and he's planning a 40-story expansion nearby, along with an amusement park and a culture village. Ho's operations brought in billions in revenues last year, paying Macau unprecedented taxes of $1.3 billion, a 31 percent increase from 2002.

The newcomers could be at a disadvantage because they need to start from scratch, but some customers say that may be a draw.

Ho's Lisboa is seen by many as indifferent to customers, who can be packed several deep waiting to bet at the smoke-filled tables during peak hours. Some call the ambiance downright seedy, with dozens of prostitutes prowling common areas.

"Lisboa is the worst of all," said 50-year-old Hong Kong retiree Judy Lau, an avid gambler who spoke to a reporter after dropping more than $640 in one of Ho's smaller casinos.

"In Las Vegas, you give the croupiers a tip of US$1, they will say 'thank you'; you give US$5, they will say 'thank you very much.' But here, they put up a long face -- almost like you owe them money -- when you give them HK$500 (US$64) or HK$1,000 (US$128)."

Wang Xuxia, 37, a pregnant tourist from the nearby mainland Chinese city of Shenzhen, is also ready to give the new casinos a shot.

"It's so crowded and suffocating in Lisboa," Wang said. "I will certainly check out the new attractions."

Macau is being transformed by the coming competition. The latest boom helped push Macau's economy ahead by a 15.6 percent last year, with growth hitting an astounding 21.1 percent in the fourth quarter.

Adelson's company Web site says its next stage of development will feature The Venetian Macau, a luxury resort hotel-casino similar to The Venetian in Las Vegas.

Developers envision it as part of a so-called "Cotai Strip," which will go up away from the main action in Macau with an estimated 60,000 hotel rooms. Adelson's company is touting it as "the Las Vegas Strip of Asia."

Meantime, Lui's next hotel-casino project, the Galaxy StarWorld Hotel, is coming soon, with the piling work set to begin by next month, company spokesman John Au said.

Amid all the sudden bustle of this former Portuguese colony returned to Chinese rule in 1999, American casino boss Wynn remains the wild card.

Wynn threatened in August to pull out of a planned venture if Macau failed to enact gambling reforms by the end of last year. It didn't happen, but Wynn didn't make good on his threat to bail out.

The tycoon recently showed a visitor in his Las Vegas office a mockup of a Macau property -- a smaller version of his $2.4 billion Wynn Las Vegas megaresort now being built.

Wynn is hoping for legislative changes in Macau that would let his company extend credit to gamblers, as well as tax reforms.

Macau lawmakers are working on allowing for casinos to lend money to gamblers, but one of them, Ng Kuok-cheong, said the bill stops short on tax concessions.

Marco Bruno · June 22nd, 2004, 09:04 PM

I think that Mr. Ho is the same boss of the biggest casino in portugal: Casino Estoril, and he will make a new casino very soon on Lisbon riverside.

***SeeMacau*** · June 23rd, 2004, 03:37 AM

Mr. Ho also planning to build casinos in Philippines too

***SeeMacau*** · September 19th, 2004, 03:03 AM

Expansion project of a new wing of Asia's oldest casino resort Hotel Lisboa in Macao is expected to cost some 250 million US dollars to flaunt itself among Asia's most luxury hotels.

Expansion project of a new wing of Asia's oldest casino resort Hotel Lisboa in Macao is expected to cost some 250 million US dollars to flaunt itself among Asia's most luxury hotels.

Macao's largest Portuguese-languaged newspaper Ponto Final said Friday that Stanley Ho Hung Sun will launch construction of the 40-story Grand Lisboa next to his flagship Hotel Lisboa, which houses his largest casino-entertainment parlors, this month.

The newspaper quoted its sources with Ho's Macao Gaming Co. Ltd.as saying that the 40-floor mega-hotel will comprise 800 hotel rooms and 30,000 square meters in casino space.

The expansion project to be completed in 40 months in two phases will be started on a former soccer pitch, facing the three-decade old Hotel Lisboa across a street and connected by an overhead walkway. It is expected to turn the future hotel into Macao's tallest building.

At present, the 338-meter Macao Tower is the tallest building in Macao, which is also owned by Ho's affiliated company.

Speaking to the media earlier this year, Ho said the hotel's facade would resemble the lotus flower, which is regarded as an official emblem of Macao Special Administrative Region (SAR).

Ho's gaming company now runs all 12 operating casinos in Macao.The company holds one of Macao's three casino-operating concessions granted by the Macao SAR government in 2002. The other two concessions are held by the Hong Kong-owned Galaxy Group with The Venetian from Las Vegas as a sub-concession, and Wynn Resorts from Las Vegas.

Galaxy and The Venetian have announced their plan to open their first casinos in Macao next month. Wynn Resorts is expected to start construction of a mega-casino resort in Macao's Outer Harborby the end of the year.

However, before the high-profile exposure of foreign casino rivals, Ho still has the stronghold in the gaming market. His casino business made a record net profit of 3.3 billion patacas (412 million US dollars) last year, an increase of around 50 percent on the previous year.

van_gogh · July 22nd, 2005, 12:50 PM

Does anyone how is the progress of Grand Lisboa? Is the "egg" visible from ground level yet? Wynn started construction around the same time and its very visible already.

Curious George · July 23rd, 2005, 10:42 AM

Wow! This online forum has the most Macau information (daily news, transportations, latest developments) in English that I have seem so far. I am looking forward to visit Macau this Thanksgiving, and will take a picture of Grand Lisboa to share.

guia · July 23rd, 2005, 01:02 PM

Quote:

Originally Posted by Curious George

Wow! This online forum has the most Macau information (daily news, transportations, latest developments) in English that I have seem so far. I am looking forward to visit Macau this Thanksgiving, and will take a picture of Grand Lisboa to share.

Hotel Lisboa & Grand Lisboa in July, 2005

Grand Lisboa

Hotel Lisboa & Bank of China Building

***SeeMacau*** · July 24th, 2005, 02:50 AM

Great updates!! Guia
but the speed is so slow for Hotel lisboa

what is the project under construction in front of New Yaohan (if im not mistaken), is it the Nam Van lake item?

***SeeMacau*** · July 24th, 2005, 02:51 AM

Guia, do u take anymore pics of Macau?

***SeeMacau*** · July 24th, 2005, 02:52 AM

Quote:

Originally Posted by Curious George

Wow! This online forum has the most Macau information (daily news, transportations, latest developments) in English that I have seem so far. I am looking forward to visit Macau this Thanksgiving, and will take a picture of Grand Lisboa to share.

Welcome to this forum!!

wish u can take some pics of macau and share to us .. cant wait!!

guia · July 24th, 2005, 09:22 AM

Quote:

Originally Posted by AsIaBoYz

Great updates!! Guia
but the speed is so slow for Hotel lisboa

what is the project under construction in front of New Yaohan (if im not mistaken), is it the Nam Van lake item?

guia · July 24th, 2005, 09:32 AM

Quote:

Originally Posted by AsIaBoYz

Guia, do u take anymore pics of Macau?

North of Taipa

van_gogh · July 25th, 2005, 05:43 AM

no progress at all for Grand Lisboa. How about they finish the diamond egg part by 2006? I never knew that they have a Kam Pek extension. Would you have the rendering for it?

van_gogh · July 25th, 2005, 10:18 AM

The Portugese school still hasnt' been removed yet. Do they have to wait till when the relocation is done in order to start construction?

guia · July 25th, 2005, 01:09 PM

Quote:

Originally Posted by van_gogh

no progress at all for Grand Lisboa. How about they finish the diamond egg part by 2006? I never knew that they have a Kam Pek extension. Would you have the rendering for it?

Casino Kam Pek will expansion to four floors

Casino Kam Pek at San Kin Yip Commercial Center
1/F is Original "Casino Kam Pek"
2/F is New additional "Casino Arabian's Night"
3/F is Mocha Slot Hall at Kam Pak
4/F is new expansion floor of casino

konghsvincent · September 24th, 2005, 09:18 AM

Things are on progress, the egg will come out soon

***SeeMacau*** · September 25th, 2005, 11:49 AM

welcome to the forum konghsvincent !!

r u from macau too?

bs_lover_boy · October 10th, 2005, 12:17 PM

What happened to the bridge???

***SeeMacau*** · October 11th, 2005, 03:22 AM

the bridge is re-open again

June 20th, 2004, 06:48 AM	#1
*SeeMacau* Moderator Join Date: Sep 2002 Posts: 14,875 Likes (Received): 40	Lisboa Expansion Thread A new 40 story height and 234 meter hotel will starts the construction beginning of next year. It will becomes the tallest building in Macau after completion. __________________ Experience luxury and excitement at its best in Asia - Macau Cotai Strip Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.

June 20th, 2004, 06:48 AM	#2
*SeeMacau* Moderator Join Date: Sep 2002 Posts: 14,875 Likes (Received): 40	Macau's Era of Vegas Style Casinos Begins New casinos are cropping up, the economy is booming in double-digits and Macau is about to find out if it made a smart bet by opening the doors to Las Vegas-style casinos ready to give longtime gambling tycoon Stanley Ho a run for his money. Ho held a monopoly on gambling for more than four decades in this former Portuguese colony, but the competition starts rolling within days as The Sands Macau opens its door, led by the man who made a splash in Las Vegas with his casino-hotel replica of Venice. Sheldon Adelson's Venetian group hopes to open the Sands on Monday -- though one casino executive acknowledged privately that the company is consulting with feng shui experts to pick a lucky day and that May 18 may be the right time to open. Anyway, construction isn't quite finished yet on the Sands property, slated to have 250 gambling tables and 600 slot machines. But it will soon be followed by the Waldo Hotel, a smaller property with 38 tables and 100 slot machines that launches next month and will be operated by Hong Kong-based Lui Che-woo, who shares a casino license with Adelson. Ho holds one of Macau's three licenses that were awarded in 2002, with the other held by Las Vegas gambling mogul Steve Wynn who is hoping for reforms to the enclave's gambling laws before he commits further. Critics say that decades as a monopolist gave Ho little incentive for innovation in a chain of casinos dominated by the flagship Lisboa, but he's scrambling now to become more competitive and predicts he'll beat out his new rivals. Las Vegas may be known as the global gambling capital, but Ho spokeswoman Janet Wong says that in tiny Macau her boss is still the king. "We are the only one that has its roots in Macau," Wong said. "We have more than 40 years of experience and a good network of hotels, retail and property businesses. Some locals agree. "Everyone knows about Mr. Ho and his Lisboa but nothing about those from Las Vegas," said Macau resident Ng Pui-peng, 42. Ho, who is 82, recently spiffed up the Lisboa with bright neon lights reminiscent of the old Las Vegas Strip, and he's planning a 40-story expansion nearby, along with an amusement park and a culture village. Ho's operations brought in billions in revenues last year, paying Macau unprecedented taxes of $1.3 billion, a 31 percent increase from 2002. The newcomers could be at a disadvantage because they need to start from scratch, but some customers say that may be a draw. Ho's Lisboa is seen by many as indifferent to customers, who can be packed several deep waiting to bet at the smoke-filled tables during peak hours. Some call the ambiance downright seedy, with dozens of prostitutes prowling common areas. "Lisboa is the worst of all," said 50-year-old Hong Kong retiree Judy Lau, an avid gambler who spoke to a reporter after dropping more than $640 in one of Ho's smaller casinos. "In Las Vegas, you give the croupiers a tip of US$1, they will say 'thank you'; you give US$5, they will say 'thank you very much.' But here, they put up a long face -- almost like you owe them money -- when you give them HK$500 (US$64) or HK$1,000 (US$128)." Wang Xuxia, 37, a pregnant tourist from the nearby mainland Chinese city of Shenzhen, is also ready to give the new casinos a shot. "It's so crowded and suffocating in Lisboa," Wang said. "I will certainly check out the new attractions." Macau is being transformed by the coming competition. The latest boom helped push Macau's economy ahead by a 15.6 percent last year, with growth hitting an astounding 21.1 percent in the fourth quarter. Adelson's company Web site says its next stage of development will feature The Venetian Macau, a luxury resort hotel-casino similar to The Venetian in Las Vegas. Developers envision it as part of a so-called "Cotai Strip," which will go up away from the main action in Macau with an estimated 60,000 hotel rooms. Adelson's company is touting it as "the Las Vegas Strip of Asia." Meantime, Lui's next hotel-casino project, the Galaxy StarWorld Hotel, is coming soon, with the piling work set to begin by next month, company spokesman John Au said. Amid all the sudden bustle of this former Portuguese colony returned to Chinese rule in 1999, American casino boss Wynn remains the wild card. Wynn threatened in August to pull out of a planned venture if Macau failed to enact gambling reforms by the end of last year. It didn't happen, but Wynn didn't make good on his threat to bail out. The tycoon recently showed a visitor in his Las Vegas office a mockup of a Macau property -- a smaller version of his $2.4 billion Wynn Las Vegas megaresort now being built. Wynn is hoping for legislative changes in Macau that would let his company extend credit to gamblers, as well as tax reforms. Macau lawmakers are working on allowing for casinos to lend money to gamblers, but one of them, Ng Kuok-cheong, said the bill stops short on tax concessions. __________________ Experience luxury and excitement at its best in Asia - Macau Cotai Strip Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.

June 22nd, 2004, 09:04 PM	#3
Marco Bruno Les cites obscures Join Date: Aug 2003 Location: Lisbon Posts: 6,447 Likes (Received): 38	I think that Mr. Ho is the same boss of the biggest casino in portugal: Casino Estoril, and he will make a new casino very soon on Lisbon riverside. __________________ Lx Projectos Blog All Lisbon Projects

June 23rd, 2004, 03:37 AM	#4
*SeeMacau* Moderator Join Date: Sep 2002 Posts: 14,875 Likes (Received): 40	Mr. Ho also planning to build casinos in Philippines too __________________ Experience luxury and excitement at its best in Asia - Macau Cotai Strip Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.

September 19th, 2004, 03:03 AM	#5
*SeeMacau* Moderator Join Date: Sep 2002 Posts: 14,875 Likes (Received): 40	Expanded Hotel Lisboa of Macao aims to be Asia's most luxurious Expansion project of a new wing of Asia's oldest casino resort Hotel Lisboa in Macao is expected to cost some 250 million US dollars to flaunt itself among Asia's most luxury hotels. Expansion project of a new wing of Asia's oldest casino resort Hotel Lisboa in Macao is expected to cost some 250 million US dollars to flaunt itself among Asia's most luxury hotels. Macao's largest Portuguese-languaged newspaper Ponto Final said Friday that Stanley Ho Hung Sun will launch construction of the 40-story Grand Lisboa next to his flagship Hotel Lisboa, which houses his largest casino-entertainment parlors, this month. The newspaper quoted its sources with Ho's Macao Gaming Co. Ltd.as saying that the 40-floor mega-hotel will comprise 800 hotel rooms and 30,000 square meters in casino space. The expansion project to be completed in 40 months in two phases will be started on a former soccer pitch, facing the three-decade old Hotel Lisboa across a street and connected by an overhead walkway. It is expected to turn the future hotel into Macao's tallest building. At present, the 338-meter Macao Tower is the tallest building in Macao, which is also owned by Ho's affiliated company. Speaking to the media earlier this year, Ho said the hotel's facade would resemble the lotus flower, which is regarded as an official emblem of Macao Special Administrative Region (SAR). Ho's gaming company now runs all 12 operating casinos in Macao.The company holds one of Macao's three casino-operating concessions granted by the Macao SAR government in 2002. The other two concessions are held by the Hong Kong-owned Galaxy Group with The Venetian from Las Vegas as a sub-concession, and Wynn Resorts from Las Vegas. Galaxy and The Venetian have announced their plan to open their first casinos in Macao next month. Wynn Resorts is expected to start construction of a mega-casino resort in Macao's Outer Harborby the end of the year. However, before the high-profile exposure of foreign casino rivals, Ho still has the stronghold in the gaming market. His casino business made a record net profit of 3.3 billion patacas (412 million US dollars) last year, an increase of around 50 percent on the previous year. __________________ Experience luxury and excitement at its best in Asia - Macau Cotai Strip Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.

July 22nd, 2005, 12:50 PM	#6
van_gogh Registered User Join Date: Dec 2003 Posts: 154 Likes (Received): 0	Status of Grand Lisboa Does anyone how is the progress of Grand Lisboa? Is the "egg" visible from ground level yet? Wynn started construction around the same time and its very visible already.

July 23rd, 2005, 10:42 AM	#7
Curious George Registered User Join Date: Jul 2005 Posts: 1 Likes (Received): 0	Wow! This online forum has the most Macau information (daily news, transportations, latest developments) in English that I have seem so far. I am looking forward to visit Macau this Thanksgiving, and will take a picture of Grand Lisboa to share.

July 24th, 2005, 02:50 AM	#9
*SeeMacau* Moderator Join Date: Sep 2002 Posts: 14,875 Likes (Received): 40	Great updates!! Guia but the speed is so slow for Hotel lisboa what is the project under construction in front of New Yaohan (if im not mistaken), is it the Nam Van lake item? __________________ Experience luxury and excitement at its best in Asia - Macau Cotai Strip Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.

July 24th, 2005, 02:51 AM	#10
*SeeMacau* Moderator Join Date: Sep 2002 Posts: 14,875 Likes (Received): 40	Guia, do u take anymore pics of Macau? __________________ Experience luxury and excitement at its best in Asia - Macau Cotai Strip Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.

July 25th, 2005, 05:43 AM	#14
van_gogh Registered User Join Date: Dec 2003 Posts: 154 Likes (Received): 0	no progress at all for Grand Lisboa. How about they finish the diamond egg part by 2006? I never knew that they have a Kam Pek extension. Would you have the rendering for it?

July 25th, 2005, 10:18 AM	#15
van_gogh Registered User Join Date: Dec 2003 Posts: 154 Likes (Received): 0	The Portugese school still hasnt' been removed yet. Do they have to wait till when the relocation is done in order to start construction?

September 24th, 2005, 09:18 AM	#17
konghsvincent Once upon the time..... Join Date: Sep 2005 Posts: 1 Likes (Received): 0	Things are on progress, the egg will come out soon

September 25th, 2005, 11:49 AM	#18
*SeeMacau* Moderator Join Date: Sep 2002 Posts: 14,875 Likes (Received): 40	welcome to the forum konghsvincent !! r u from macau too? __________________ Experience luxury and excitement at its best in Asia - Macau Cotai Strip Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.

October 10th, 2005, 12:17 PM	#19
bs_lover_boy POUND THE ALARM!!! Join Date: Apr 2004 Location: Hong Kong / Vancouver Posts: 393 Likes (Received): 0	What happened to the bridge??? __________________ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ NIMBY – Not In My Back Yard YIMBY - Yes In My Back Yard LULU – Locally Unwanted Land Use. NOPE – Not On Planet Earth BANANA – Build Absolutely Nothing Anywhere Near Anything Anymore????

October 11th, 2005, 03:22 AM	#20
*SeeMacau* Moderator Join Date: Sep 2002 Posts: 14,875 Likes (Received): 40	the bridge is re-open again __________________ Experience luxury and excitement at its best in Asia - Macau Cotai Strip Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.

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