Weidner Resorts says it will stand by its lavish promises to the local population if it succeeds in its desire to build a resort-scaleWeidner Resorts says it will stand by its lavish promises to the local population if it succeeds in its desire to build a resort-scale casino on Taiwan’s Matsu islands.
The US-based developer, founded by former Las Vegas Sands President William Weidner, reiterated its commitment to provide residents payments of NT$18,000 (US$618) each in the casino’s first year of operation and NT$80,000 after five years.
Speaking to reporters at a ceremony marking the opening of the company’s new Taipei office, Mr Weidner also promised locals free university educations and jobs at the resort. He also reaffirmed plans to construct a bridge to connect Matsu’s two main islands, Nangan and Beigan, and a ferry system linking all of Matsu, plus a new airport and a university.
With the country’s legislature, the Executive Yuan, still working on the enabling legislation, a developer for the casino has still to be chosen. Weidner says that if it’s selected it will invest NT$80 billion in the first phase of its project and $240 billion at full build-out.
Residents of Matsu approved a referendum in July allowing casinos on the islands.
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