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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?
Growth above 10 percent
Growth from 0 to 10 percent

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.

Other Macau Latest News

MGM China’s project in Cotai faces slight delay

Co-chairman says costs, lack of labour may hinder opening of casino-resort

JL Warren expects flat 2014 casino gaming revenue

Research house forecasts annual fall of 20 pct in October casino takings

Gaming takings show quarterly decrease of 8.9 pct

But revenue from slot machines rises by MOP100 mln in Q3 to MOP3.7 bln

Nightspots cannot postpone smoking ban, govt says

Health official bemoans smokers sneakily puffing away in casino toilets

Analyst predicts US$100 bln casino market in 2020

But Wells Fargo’s Cameron McKnight says Macau must first deal with ‘issues’

Baccarat no longer quite the money-spinner it was

Casino takings from the VIP and mass markets for the game dwindle in Q3

Sands China Q3 net profit ticks up to US$644.6 mln

But, in a sign of the times, the casino operator’s revenue drops slightly

Telsey regards Macau gaming stocks as good bets

As Q3 earnings reporting season looms, says margins are the main unknown

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