PTW Architects, an Australian firm, has reveled that it has designed a resort worth $470 million. This resort will be constructed on Hainan. This new resort will be built for Caesars Entertainment Corporation, the world’s leading casino company.
Gary Loveman, Chief Executive Officer of Caesars Entertainment Corporation, has reveled that the new resort will be known as Caesars Palace Longmu Bay. He further stated, “This is the initial step in the development of Caesars brand in India and China.”
Earlier this week, it was said that the city of Macau has signed an agreement with a gambling company, which enables the company to build a gambling resort as well as shopping area. In return, the company will pay 1.55 billion patacas for the main real estate in the heart of the gambling city of Macau. As a result, the company can now move on with tits casino resort and shopping area plan.