Branson planning $US3-billion casino in Macau

2007-01-26 HKT 15:06

Sir Richard Branson. Photo: Reuters.
Sir Richard Branson's Virgin group is reported to be in advanced talks to build a US$3-billion joint venture casino complex in Macau. The Financial Times says the flamboyant British entrepreneur, whose business empire ranges from airlines to music and mobile phones, is close to acquiring a 20 hectare site in Macau. It said Sir Richard had talks with Macau's Chief Executive, Edmund Ho, yesterday. He said the proposed complex would have three hotels and a casino, which could open by 2010.

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