One of the men behind the Hong Kong-US consortium that has won a concession to run casinos in Macau says his project will create more than 10,000 jobs and pump HK$10 billion into a huge gaming village in the enclave. The second son of K. Wah Group chairman Lui Che-woo, Lawrence Lui Yiu-nam, is among the shareholders of the Galaxy Casino bid, which is backed by the Venetian Casino, one of the biggest in Las Vegas. Speaking yesterday, the day after the bidding results were announced, Dr Lui Che-woo - who stressed that he was not personally involved in the bid - said man-made streams and rivers would form part of the development to reflect a Venetian feel. He said the development had yet to be finalised with the Macau Government. Lawrence Lui is president of US-based Stanford Hospitality Inc, which teamed up with the Venetian Casino and businessmen in Macau in their successful bid for one of the three Macau licences granted on Friday. Stanford Hospitality Inc owns hotels in California and Florida. While Dr Lui declined to reveal the proportion of shares each partner holds, he said the participation of the experienced Venetian Casino was 'vital'. He said the future Galaxy casino village would probably be located on Taipa Island. It is understood the total investment will be more than HK$10 billion, although Dr Lui would not confirm the figure. Dr Lui said the village would occupy a 93-hectare site and could be completed by 2005. It would provide more than 10,000 jobs in the gaming, hotel, catering and other sectors. US operation ideas would merge with a Chinese management philosophy, he explained. 'I think they will endeavour to provide very high quality service and management.' Dr Lui said that apart from the casinos and 3,000-room resort hotels and conference facilities, the village would probably have theatres and shopping malls. After negotiations are complete with the Macau Government on the exact contract requirements, the consortium will rent a temporary venue to offer casino services. Dr Lui graded the Galaxy Casino bid as 'number three' among the bidders. He predicted it would see fierce rivalry from casinos owned by Stanley Ho Hung-sun - who was also granted a licence - but would benefit eventually from a bigger revenue pie. In Las Vegas, Sheldon Adelson, chairman of the Venetian board, said that the Macau licence coincided with his plan to develop a convention centre on the mainland. 'The Venetian looks forward to working with Macau's residents and Government to help diversify and expand Macau's economy,' he said. Las Vegas casino magnate Steve Wynn won the other concession.