Macau tourism numbers are up through 1st quarter of 2017, and that’s continued good news adhering to a slight bounce in visitor arrivals through the previous year.
Macau tourism is once again bustling, but the populous city is now less reliant on gambling, as tourist attractions like Wynn Palace’s SkyCab pull in new travelers.
China’s gambling friendly area is experiencing a comeback of sorts after President Xi Jinping initiated a corruption crusade in 2014 that targeted VIP touring organizations that had been catering to the mainland’s wealthy. The authorities alleged that high rollers were utilizing Macau and junket operators to go money right out of the country’s heavily taxed control.
With tens of billions of bucks invested, casino companies had to quickly rethink their marketing strategies. Today, resorts are providing attractions that appeal to a wider demographic than simply Asia’s elite. And so far, it is working.
The Macao Government Tourist workplace expects visitor arrivals to cultivate five percent in 2017, a substantial increase compared towards the 0.8 per cent ‘upswing’ the city experienced in 2016.
Keys to Attraction
A new study from a Macau University gaming researcher has identified nine essential non-gaming facets which are enticing people to journey to the enclave, and perhaps moreover, maintaining them coming right back.
In a paper titled ‘Play, Shop, Eat, Drink, Reward, Pl
The Las Vegas Raiders have completed their purchase of 62 acres of land between Russell Road and Hacienda Avenue, just west of Interstate 15 while the famed Strip.
Sold! The 62 acres of land between Hacienda Avenue to the north and Russell path towards the south will serve as the home that is future of Las Vegas Raiders.
The NFL team purchased a total of four parcels for the combined sale price of $77.5 million, or $1.25 million per acre. That is a premium that is substantial the sellers, as the land’s assessed value was $40 million.
Nevada Land Group, LLC, had been the seller, number of banks that acquired the property in foreclose in 2008. The land that is vacant adjacent to I-15 behind Mandalay Bay.
The property could be the future home of the $1.9 billion, 65,000-seat NFL stadium that’ll be partially built with tax dollars generated from resort stays in Clark County. In addition to Nevada’s $750 million commitment, Raiders owner Mark Davis’ franchise shall be in the hook for the remaining $1.15 billion.
‘This site wasn’t one of those originally mentioned,’ Michael Parks, a realtor that is commercial brokered the deal, told theLas Vegas Review-Journal. ‘Through many months of reaching out … and making sure they were conscious this site was available, they decided this ended up being their preferred site. Now they’ve actually written a check … they can go forward making use of