Let The Harrah's Cotai Countdown Begin
Crown Limited, partner in MelcoPBL (Crown Macau, City of Dreams, Trinity) have made some small investments into recently privatized Harrah's Entertainment and Las Vegas locals operator Stations Casinos.
What does this mean to Macau? Pretty simple, as we have suggested on many many occastions... Harrah's is going to build a resort on part of the golf course they bought in Cotai, and MelcoPBL will operate the casino.
No big surprises here as far as the Harrah's Cotai project goes, but we didn't expect the dominoes to get set up so quickly. We'll see how this develops. More on this at VegasTripping.