
CapitaLand Wants More Slot Machines
CapitaLand has been very busy – opening slot machine casinos all over
the world it seems, while still looking forward to other projects. The
company just broke ground on their new slot machine casino in Macau,
and is already eyeing projects in China, Japan, Vietnam, and India.
They are also looking to set up a real estate trust that would assist
them with each of these projects.
The company is also looking to possibly partner with Kerzner
International, a Bahamas based company who was looking to get a piece
of the action in Singapore last month, but it went to Genting
International instead. At the groundbreaking, the company talked about
their $3.06 billion slot machine casino called Macao Studio City –
which will partner them with their former rival Melco-PBL
Entertainment. Melco-PBL is a high stakes player in the world of slot
machines, so this alliance could bode well for both companies.
Melco-PBL owns one of six slot machine casino licenses in Macau, and
they will operate the new casino which will have more than 400 gaming
tables and 1,000 slot machines. CapitaLand has slot machine casinos
and developments in Singapore, Shanghai, Beijing, Chengdu, Bahrain,
United Kingdom, and Australia.
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