The Venetian Macao Explained

Casino:The Venetian Macao
Native Name:Chinese: 澳門威尼斯人
Theme:Venice, Italy
Address:Cotai Strip
Location:Macau
Rooms:3,000
Architect:Aedas and HKS, Inc.
Space Gaming:550000square feet
Attractions:Cotai Arena
Owner:Las Vegas Sands
Casino Type:Land-based

The Venetian Macao, is a hotel and casino resort in Macau, China owned by the American Las Vegas Sands company. The 39-story[1] structure on Macau's Cotai Strip has 10500000square feet of floor space, and is modeled on its sister casino resort The Venetian Las Vegas. It is the largest casino in the world,[2] the largest single structure hotel in Asia, and the tenth-largest building in the world by floor area.

The main hotel tower was finished in July 2007, and the resort officially opened on 28 August 2007. It has 3,000 suites, 1200000square feet of convention space, 1600000square feet of retail space, and 550000square feet of casino space (with 3,400 slot machines, 800 gambling tables), and the 15,000-seat Cotai Arena for entertainment and sports events.

Its lead architects were Aedas and HKS, Inc., who were responsible for its design, coordination and implementation.[3]

Location

The Venetian is located on Macau's Cotai Strip, an area that includes a dozen multibillion dollar resorts, a private university campus, and the Macau garrison of the People's Liberation Army.[4]

The Venetian was built on reclaimed land and its foundation is supported by 1,530 concrete pilings.

Facilities

The Venetian's facilities include 3,000 hotel rooms, 300 retail stores, an indoor canal, a clinic, a spa, and a gymnasium.

Casino

The casino measures 546000square feet.[5] It is further divided into four themed gaming areas:

The casino contains slot machines and gambling tables.

The attached hotel contains a club called Paiza Club which is reserved for premium guests. The gaming area of the Paiza Club is divided into individual private gaming rooms each named for notable Asian cities and regions such as Yunnan, Guangzhou, Hong Kong, Singapore and Kuala Lumpur.

Entertainment

Cotai Arena

The Venetian has a 15,000 seat arena. It is used for hosting large indoor functions such as sporting events like basketball, tennis, and boxing, as well as concerts and international televised awards shows. Events are held year-round.

The Cotai Arena has 4 levels:

  1. Event Level
  2. Main Concourse
  3. Upper Concourse
  4. VIP Level

Transportation

See main article: Taipa line. The Venetian Macao is within walking distance from Cotai West Station on the Taipa section of the Macau Light Rapid Transit that serves the Cotai Strip and the larger area of Cotai.[6]

The Venetian also operates a private bus fleet.

Controversies

On 12 November 2008, the gates were locked to the construction labor force from a variety of Asian countries as projects were suspended. Hsin Chong, the project manager for the Venetian, laid off approximately 400 staff. As many workers had been there for less than two years, no severance was due. The next day, Sands' president for Asia announced that up to 11,000 workers would be losing their jobs as the company was halting building projects in Macau.[7]

In 2010 the Chinese press reported that authorities had found more than 100 prostitutes inside the casino as part of a "sex-trade crackdown".[8]

In early 2011 the United States Department of Justice and the U.S. Securities and Exchange Commission initiated an investigation into the Las Vegas Sands Corporation with respect to the compliance of its Macao properties with the Foreign Corrupt Practices Act.[8] In 2016, the Las Vegas Sands Corporation settled a civil lawsuit brought by the U.S. SEC over the allegations and paid $9 million.[9] It paid a further $6.96 million in 2017 to settle criminal allegations made by the U.S. DOJ.

See also

External links

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Notes and References

  1. Web site: The Venetian. https://web.archive.org/web/20070519090628/http://www.emporis.com/en/wm/bu/?id=venetianmacaohoteltower-macau-china. dead. 19 May 2007. 2014-06-23. Emporis.com.
  2. Web site: Casino.com . 2023-03-30 . The 10 Biggest Casinos in the World in 2023 . 2023-04-26 . Casino.com Blog . en-CA.
  3. Web site: case study. gillespieuk.co.uk.
  4. Book: Simpson, Tim . Betting on Macau: Casino Capitalism and China's Consumer Revolution . 2023 . . 978-1-5179-0031-1 . Globalization and Community series . Minneapolis.
  5. Web site: Top-10 Largest Casinos . Casino City Times . 10 December 2007.
  6. Web site: Cotai West Station. Macao Light Rapid Transit Corporation.
  7. Web site: Up to 11,000 Macau workers to lose jobs. The Standard. dead. https://web.archive.org/web/20090203054724/http://www.thestandard.com.hk/breaking_news_detail.asp?id=9563. 3 February 2009. dmy-all.
  8. Brian Ross (27 January 2012), "Bribes, Chinese Mob Ties Alleged at Casino of Gingrich Money Man". ABC News.
  9. News: 2017-01-20 . Las Vegas Sands pays $7 million to end U.S. criminal bribery case . en . Reuters . 2023-10-09.