3.2 Billion Dollar Casino Resort launched in Macau by Hollywood Stars
Hollywood stars such as Leonardo DiCaprio launched the newest $3.2 Billion Dollar entertainment casino resort Tuesday, as the southern Chinese high roller gambling business takes a big hit from Beijing’s corruption attack.
The Studio City’s grand opening was marked by the premiere of the short movie “The Audition” that promoted the new casino resort. This short movie was directed by Martin Scorsese who is an Academy Award winner as well as the lead starring roles played by Brad Pitt, Robert De Niro and DiCaprio himself. This short film was reported to have a budget of 70 million dollars.
These Hollywood stars attended the casino resort’s red carpet grand opening ceremony as well as Aron Kwok a Hong Kong actor and SISTAR who is a South Korean girl band.
The developers of this new casino resort stated that they are optimistic in regards to the resorts future despite the reported loss in gaming revenues.
In the month of September Macau saw its 16th straight month of gaming revenue decline; it was reported to be 33 percent lower than September of the previous year, as Beijing encourages the province to branch out from gambling as well as reins in high rolling guests from the Chinese mainland.
The gross revenue in the month of September was 17.13 billion patacas, in U.S. dollars it was 2.15 billion dollars. These were the figures that were reported from the past Portuguese colony’s Gaming Inspection Bureau.
Studio City was developed by Melco Crown Entertainment who states that they are remaining positive in regard to the casino resorts future within the semi-autonomous city. The co-chairman stated that they are hoping that the opening of this new resort will be part of a the means that will enhance the gaming revenues.