If you have ever had to renovate anything in your home or take on any home improvement projects, you know that sometimes things can get a little delayed.
But the last time you put a new vanity in your bathroom, you likely did not have to deal with a political uprising, a fire, a pandemic or several other environmental and economic setbacks. The construction teams in charge of building the Grand Egyptian Museum, the soon-to-be largest archeological museum in the world, aren’t so lucky.
Once open, the GEM will be a state-of-the-art complex housing more than 100,000 of the world’s greatest ancient treasures – just a couple of kilometers from the Great Pyramids of Giza in Egypt.
The GEM’s collection will include a first-time display of all 5,000 items found in King Tutankhamun’s (King Tut’s) tomb discovered in 1922, and 30,000 unique items that have never been seen by the public.
The 870,000-square-foot complex will be a true wonder of modern architecture and archeology when complete – a world-renowned museum linking modern technology (yes, it will have virtual reality) to an ancient civilization.
The problem is, it was supposed to open almost a decade ago.
In January 2002, the Egyptian government announced a competition for the design of the museum and ground broke on the project in 2005. Now, 17 years, several setbacks and hundreds of millions of dollars after shovels first hit dirt, officials have announced that construction work on the museum is 99 percent complete and that it will open to the public later this year.
But oddsmakers over at Bovada are now giving you the opportunity to bet on whether you think the GEM will indeed open to the public in 2022.
Will The Grand Egyptian Museum Open To The Public In 2022?
Odds as of January 10 at Bovada
Check out Bovada to place your bets now on whether you think the museum will open this year.
Best Bet: No +200
We want to believe the GEM will open this year, we really do. And by all accounts, the construction of the museum itself is quite close to being ready while it is the roads and surrounding area that is holding things up. There are also reports of private tours already being held as well.
However, this project has a long history of delays for a variety of reasons and the odds here have us leaning toward a 2023 opening.
A completion date set for 2013 was interrupted by the onset of the Arab Spring in 2011 which led to a destabilization of the government, which of course delayed the project.
Following a restabilization of the government in 2014 after years of unfortunate political upheaval, a new date was set for 2018. But a downturn in tourism in the region dried up government funds and the opening was delayed once again. A fire also broke out in the museum in April 2018 but did not damage any artifacts.
2020 became the new date for a full opening, but the COVID-19 pandemic would force officials to push the date once again, leading us here to the beginning of 2022.
We don’t know if it’s just bad luck, coincidence or the curse of the pharaohs, but there is something telling us more delays could be coming to this long-awaited project.
And from a betting angle, you aren’t making much on a -300 bet that the museum opens this year, so we’ll take our chances of ancient history once again repeating itself at +200.