The Londoner Macao Announced

Las Vegas Sands today announced the redevelopment of Sands Cotai Central into a new European themed resort called The Londoner Macao.

The $1.1 billion project will rebrand Sands Cotai Central into a new destination integrated resort. The Londoner "will feature dynamic new attractions and features from London including some of London's most recognizable landmarks, an expanded and reimagined retail mall and 350 luxurious new suites, the St Regis Tower Suites."

The high level of investment on the Cotai Strip shows the strength of the Macanese market, which was down in previous years but has since been making a strong recovery.

Unfortunately it doesn't look like Sands has any intention of building anything new in Las Vegas anytime soon other than their announced music arena.

I would like to see them do something with the stalled St. Regis building on the Las Vegas Strip which is currently unfinished, but it seems they are content with leaving it as-is for now.