First the Gold Coast, soon Dubai, and next Macau for the Italian fashion house Versace resort

Italian fashion house Versace has signed a deal to build a luxury hotel at a casino-resort in Macau.

The five star palazzo Versace hotel will be part of the resort casino SJM Holdings Ltd is building in the former Portuguese colony.

Founded by billionaire Stanley Ho, the SJM resort casino will include 2,000 rooms and 700 gambling tables.

It will be the first resort on the Cotai strip for SJM – said to be the Las Vegas strip of Asia.

The Macau hotel will be the third Versace hotel globally, with one on Gold Coast and one still under construction in Dubai.

Macau is the only place in China where casinos are legal.

Commencement and completion dates are yet to be announced.

A three-bedroom condominium in the Palazzo Versace on the Gold Coast was up for grabs in May with a price guide above $1.5 million.

Palazzo Versace's architecture and interiors were designed to reflect the grandeur of the late Renaissance period with marble, granite and mosaics imported from Italy.

Dr Santo Versace, the president of the Versace Group and older brother of the late Gianni Versace, said they went ahead with the project because “when Europeans think of Australia, they only think about holidays. The feeling is that Australia is a country of sun, sea and beaches," he said.