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ISSUE 118 - Feb 2014
 
 
The Macau property market is changing. Vote. What is your opinion on likely price fluctuations for the second half of this year?
Decline below -10 percent
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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

Bank operating profits keep climbing, paper says

Rise due to more deposits by outsiders, SME loans and cross-border business

Anti-graft drive to hit gaming harder, paper says

Business Daily predicts using telcos as spies will further harm VIP market

Govt soon to merge telecom regulator, post office

More of transport and public works secretary’s departments to merge in 2016

Paradise Entertainment issues H1 results warning

Gaming equipment maker expects loss due to higher costs, poorer customers
Headlines

Drops in shop and factory prices forecast for H2

But estate agent sees more interest in opening shops in residential areas

Govt to table catch-all anti-smoking bill

Measure may harm economy, but public health takes priority, official says

Commerce, industry to get 17 ha of reclaimed land

All reclamation zones will have land for tourism and leisure industries

One Oasis marketing man forecasts housing recovery

Predicts prices will rise 10-15 pct in H2, and more sales in 2015 than 2014

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