Some group Limited like Sands china and Galaxy Entertainment have already allocated $28 billion dollars in spending over three years to build hotels and entertainment area around casino in Macau. Everyone and even gamblers also knows that gambling is risky to play. But it seems like excellent investment to be made around in Macau. The main ambition for the casino foundation is to attract the hard-core gamblers, tourists and entertainment lover.
Compensations date of casino
As there are many investors in the making of casino. 28$ billion dollars is not a small money. It is very large amount that can be imagined. The casino development takes years of time in construction process and all. And also it takes a lot of time to recover the money invested and have profit. Investors should have more patience for twenty years for payback time which is a freaking very long time. They may also have to wait more 2 or 5 years which is like waiting two and half decades for a compensations time. Only rich and smart people makes investment in these casinos.
Casino Features
The big money invested results big hotels, casinos and other entertainment facilities. The main aim of this project is to construct the hotel with minimum of 1700 hotel rooms and a lake with fountains inside it. The entertainment area for tourist, people will be also available there. This outcomes more people and more tasks at the same time in same area. This creates the hotel and casino to do business in spread area. Tourists are always in search of excellent hotels with good features and facilities. So this one will attract more number of tourist, gamblers and peoples.
No more Benefits
There are more investments in casino rather than other development sectors. Twenty Eight Billion Dollar is big money and the expectation of Investors are Mutual. They are most probably expecting more money in payback for sure. The result are not always same that you expected sometimes. And this is happening in Macau. Even after the collapses the Macau remains at the top of the Asia in Casinos Marketing. The profit and loss may be up down in years to come and the probability of loss in near years are high and the probability of profit is quite low.
Probability of Profit and loss
This huge amount of investment could result high profit or loss. The chief executive of Macau responded to the government forecast of annual revenue for this year 2016. The casinos may decrease up to 38 percent loss and rebounding to 10 % profit again next year. This was the forecast done according to Bloomberg survey.
