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Situated on the border between Cotay and Coloan in Macau, The 13 Hotel along with a new entertainment complex is scheduled to open on March 31, 2019.
According to the owners, the necessary capital for casino operations, including operational supplies and equipment, and other costs associated with the initial opening of the casino, will be approximately $45 million.
Investors 13 Holdings Ltd have not yet formulated further plans to raise funds to cover such costs, but the board of directors expects that as soon as The 13 Hotel starts its work and receives approval from the Macau government for gambling operations, the company will be able to find additional sources for financing.
