Cotai is appealing to developers in the world\u2019s biggest gaming market because of the competitive advantages the space affords.<\/strong><\/p><\/blockquote>\nIt permits the construction of large non-gaming amenities that attract the mass market, shopping malls and entertainment venues that the Peninsula casinos have no room for.<\/p>\n
Peninsula Market Will Survive<\/strong><\/h2>\nThe Cotai Strip has seen a flurry of construction activity over the past few years, with the enclave\u2019s newest and most impressive properties, such as the Wynn Palace Macau, LVS\u2019 Parisian Macao, and Melco Resorts and Entertainment\u2019s Studio City, opening in quick succession.<\/p>\n
All are geared to the mass market as the region pivots away from its reliance on the VIP segment.<\/p>\n
\u201cThe majority of the peninsula casinos will survive,\u201d said Klebanow.\u00a0\u201cThey will always enjoy the advantage of having properties that are easy to get in and out of\u2026 Some of those properties will be sold to more nimble operators or to people and companies that think they can operate those casinos better than their predecessors.<\/p>\n
\u201cWhat is inevitable though, is the continued growth in market share by the casinos on Cotai,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"
Macau\u2019s downtown peninsula, the traditional gaming hub of the semi-autonomous enclave, is likely to go the way of downtown Vegas, becoming a secondary market eclipsed by the larger, grander properties of the Cotai Strip. So says says\u00a0Andrew Klebanow, a senior partner of US-based consultancy Global Market Advisors. Klebanow suggested this week that downtown Macau will […]<\/p>\n","protected":false},"author":42,"featured_media":56560,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18],"tags":[],"acf":[],"yoast_head":"\n
Macau Peninsula Playing Second Fiddle to Cotai Strip, Says Analyst<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n