Crown Macau officially opened by James Packer Media Man Australia&

Crown Macau Officially Opened by James Packer
(Credit: Macau Daily Blog)

Australia’s richest man James Packer finally opened his long awaited cost over-run US$540 million Crown Macau Casino. After the official opening ceremony, he launched the gala party for his 1700 plus invited guest treating them to entertainment by performers such the internationally acclaimed Dragone Group. Of course, by tradition it was complemented with the usual spectacular fireworks display.

The 36-story six-star Crown Macau Casino & Hotel is the newest addition to Macau’s booming gambling industry. It cost US$583 million (original budget US$375) to build, and features a 216 hotel rooms, numerous restaurants, 220 table games and 500 slot machines.

Crown Macau is owned and controlled by Melco PBL, which is a joint venture between James Packer’s PBL and Hong Kong-listed Melco Entertainment which is run by Stanley Ho’s son, Lawrence Ho.

They also are developing the City of Dreams project on the Cotai Strip with an expected opening late 2008 and have a site on the Macau Peninsula with a casino and hotel project to be developed with an anticipated opening for mid 2009.

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