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Packer plans third Macau casino

1 October 2007

AUSTRALIA -- As reported by the Australian: "James Packer's third Macau casino, Trinity, is expected to cost at least $US675 million ($767 million) and open in late 2010, according to investor presentations to analysts by Melco PBL Entertainment in Macau.

"Located in the main peninsula area of Macau, the third casino project of Mr Packer's PBL and its joint venture partner Melco is expected to appeal to day-trippers arriving at the Macau ferry terminal or at border points from China.

"The partners told analysts at recent briefings that the Trinity project would consist of two towers - one with serviced apartments and a second containing a boutique hotel and a casino with 215 gambling tables and 500 poker machines.

"It will be slightly smaller than the $US584 million Crown Macau, which opened earlier this year with 222 gambling tables, 550 poker machines and 216 hotel rooms.

"Mr Packer's second project, the $US1.85 billion City of Dreams, will be the largest, with an expected 450 gambling tables, 2500 poker machines, three hotels with 1600 rooms and two towers of serviced apartments..."

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