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Altira Macau (Chinese: 新濠鋒酒店, Portuguese: Altira Macau), formerly known as Crown Macau, [1] is an integrated resort and casino in Taipa, Macau, SAR China. [2] The hotel complex has 216 guest rooms [3] and a spa. [4] Altira Macau is the tallest building in Taipa [5] and among the tallest 20 buildings in Macau.
[3] [14] Designed with a Hollywood theme, the casino resort opened in October 2015 with a cost $3.2 billion. [2] In its first project outside of Macau, in 2012 Melco Crown began partnering with SM Investments on the $1 billion casino resort [14] City of Dreams Manila in the Philippines, [15] in which Melco Crown was expected to invest up to ...
The resort was commissioned and developed in Macau by Melco Crown Entertainment, a joint venture of Melco Resorts & Entertainment and Crown Entertainment. [3] [4] With construction lasting six years, [7] City of Dreams was one of the few gaming developments in Macau to continue construction during the global financial crisis of 2008. [8]
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Casino operator Las Vegas Sands—which, despite the name, no longer has resorts in Vegas—credited a boom in Asian travel for better-than-expected revenue.
[8] In May 2007, [5] the venture launched the casino resort Altira Macau (Crown Macau) [11] in Taipa [5] for $1.45 billion. [8] Melco Crown then launched City of Dreams Macau in 2009 for $2.4 billion, [11] with Melco PBL owning 66% of the development [38] and appointing Hyatt International to operate two hotels at the location. [6]
The Hong Kong-based subsidiary of MGM Resorts International Inc. (NYSE: MGM) has received approval from the government of Macau to build a second casino and hotel on the Chinese-controlled island ...
On 5 August 2014, Crown bought the site of the New Frontier Hotel and Casino on the Las Vegas Strip for $280 million with the intent to build a new hotel beginning in 2015. [10] In December 2014, James Packer signed a deal with Matthew Tripp, which gained Packer control over Tripp's online betting platform BetEasy. [11]
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