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Ho Plans Biggest Macau Casino

4 May 2005

MACAU – As reported by the Agence France-Presse and Reuters: "Macau tycoon Stanley Ho yesterday unveiled plans for what will be the gambling haven's largest casino, the Oceanus, a colossal downtown entertainment complex covering three city blocks.

"The casino, which will replace the ageing Jai Alai in the heart of the former Portuguese enclave, is expected to cost some HK$6.2 billion (US$795.57 million) and be completed in 2009.

"It will feature a 600-room hotel and a 180-metre apartment tower as well as the city's largest commercial and retail centre.

"…Mr Andreu, the designer of the controversial egg-shaped National Grand Theatre in the Chinese capital, Beijing, said that he wanted the casino to be the first thing passengers arriving at the nearby ferry pier saw. 'People leaving Macau will look back with some regret,' he added.

"Oceanus will be Mr Ho's 15th casino in the city, cementing his position in the downtown area. The complex will be linked to the ferry pier - which he owns and plans to redesign…"

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