The price of the brand new Venetian Macao is over three times the amount the state of Missouri is spending on totally revamping highway 40 in metro St. Louis. This actually provides a bit more perspective to the scale of what they are doing here, especially if you are familiar with what a big project highway 40 is. While the materials they are building with at the Venetian (marble, glasswork, paintings, tile, etc.) are the finest money can buy, the labor is quite cheap relatively speaking. So basically this project in the states or Europe would likely be even more.
Not only do they expect to draw massive amounts of people from mainland China, this is also where they are pulling most of the labor from. I've heard anywhere from 12,000 to 20,000 employees when operating at full capacity. And I venture to think how many years it will take for the Venetian to move into the black on the entire project. My guess? Not long. Scary.
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