Management at Altira and City of Dreams has been overhauled, and Ted Chan Yin Tat will play an instrumental role as Melco Crown Entertainment’s new co-chief operating officer for gaming. In this exclusive interview with Macau Business – just days before the public announcement that Greg Hawkins was leaving – the president of Altira is bullish on Macau, saying business is stronger than ever.
thanks. did he give any reasons why this "pure play" in the most profitable gambling destination in the world lost $30.1 million this quarter. macau has had months of record recenues and meltco has no las vegas economic excuses. since the water show isn't open until september, what's his marketing strategy for the upcoming quarter...did he say anything beyond what was said in the CC?
absolutely guaranteed that larry will have to give away free tickets (after the initial curiosity month) to fill the show and draw visitors to the casino. the water show is purely a loss-leader, although it's certainly an expensive ongoing marketing campaign that's very difficult to change.
where did you see the 500k per week figure, as that's extremely low from what the similar vegas water show costs ?