(Bloomberg photo)MACAU: Billionaire casino tycoon Sheldon Adelson predicted a revival for beleaguered Macau yesterday ahead of the launch of his Paris-themed mega resort, as the gambling enclave bets its fortunes on mass market tourists. Sands' $2.9-billion resort, The Parisian, boasts a half-size replica of the Eiffel Tower, 3,000 rooms, a water park and a 1,200-seat theatre. "The mass market will always be here." "Most of that growth will come from mass market driven by the expansion in hotel capacity." "Although the VIP market has collapsed, it still accounts for 50% of industry revenues,'' he added.

Source: Bangkok Post September 14, 2016 00:56 UTC