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ISSUE 118 - Feb 2014
 
 
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2014?
Decline
Growth above 10 percent
Growth from 0 to 10 percent
Stagnation
 
 

Wynn expects early completion of Cotai resort


Posted: 7/31/2013 12:32:41 PM
Rating:     100% (1 votes)
  

Wynn Macau Ltd’s chief executive Steve Wynn says the company will open its first casino resort in Cotai in the first quarter of 2016, a year earlier than expected by some analysts.

The new resort will be called Wynn Palace, Mr Wynn told an earnings briefing.

“The theme of this hotel is flowers, floral things. The use of flowers, of water and natural light… has been taken to a new level for our company,” Mr Wynn said.

Wynn Macau Ltd is also renovating its existing Macau property. The renovation is scheduled to be completed by the end of this year.



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Sands China net profit hits US$2.55 bln in 2014

Grows by 15.4 pct as net revenue increases by 6.8 pct to US$9.57 bln

Absence of ‘no smoking’ sign earns MOP100,000 fine

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Questions remain before Iao Kun, Sing Hou Entertainment can float in HK
Headlines

Tourist price annual inflation 2.43 pct in 2014Q4

Visitors pay more to eat, whether they buy food in restaurants or elsewhere

China’s pre-1999 investment treaties exclude Macau

Singapore court reportedly says so because Chinese embassy in Laos says so

Estate agents see little growth in factory values

Predict that weak demand this year will slow the rises in prices and rents

Enlarged Galaxy Macau, Broadway Macau open May 27

Galaxy Entertainment exec promises indulgence, style, fun and privilege

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