The Macau government gives Sands China Ltd. another seven-month extension to complete its $2.7b Parisian Macao resort casino.
According to a statement by the Land, Public Works and Transport Bureau made to Tribuna de Macau, the deadline has been extended to November 2016, despite having a requirement to be completed by April of this year.
Sands China notified the authorities that its property on Macau’s Cotai strip might not meet its April 2016 opening target in May.
Sands initially planned to have a partial launch of The Parisian in November 2014 and a full launch in March 2015. But Sands did not meet the scheduled plan and confirmed that The Parisian will open its doors for business in April 2016.