Vegas watch out - Asia is coming

It looks like there’s competition in Asia to become the new Vegas - with
Macau, Singapore - and now potentially Taiwan joining the fray.

Three businessmen have got together to raise capital in an initial plan to
build a $350 million resort just of the Taiwanese coast. They’ve got together as
"Amazing Holdings" and secured the rights to 27 acres of land in the Penghu
Islands

With Macau currently holding first place in Asia’s attempt to retain gambling
revenues in the region and Singapore vying for its place as a new gambling
mecca, this project is looking to attract the more upscale gambler - than the
regulars that frequent the current big resorts available

Irvin said: "Las Vegas for the Chinese at the moment is Macau, but
that’s not aimed at high-rollers.

"If you go to Vegas, you’ll find that the more refined establishments, with
the more discerning clientele, are on the outskirts of the city, away from the
strip.

"It’s the atmosphere, and the clientele, of those out-of-town resorts that we
are looking to emulate."

There’s only one Major stumbling block right now. Currently, gambling is
illegal in Taiwan - and whilst there are suggestions that the government maybe
looking at legalising gambling next year - there’s no guarantee that will
happen.

Source

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