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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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Growth from 0 to 10 percent
Growth above 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

Air Macau to reduce fuel surcharge on September 1

To cut surcharge per flight sector to US$28 for each ticket from US$30

Mainland upheavals short-term worries, banker says

BNU CEO expresses confidence about economic future of mainland and Macau

Polytec Asset H1 net profit rises to HK$41.2 mln

Property developer’s revenue doubles, largely because of rents in Macau

Galaxy Entertainment gives phone scam warning

Beware callers purporting to be marketing hotel rooms, casino operator says
Headlines

Current account surplus MOP169.5 bln in 2014

Surplus slightly smaller than in 2013, but services trade surplus grows

July visitors decrease 3.8 pct to 2.65 mln

Fewer mainlanders and Koreans visit, but more tourists come from HK, Taiwan

Consumer price inflation slows to 4.76 pct in July

Landlords charge more for shelter and restaurateurs charge more for meals

Govt aid to the poor inconsistent, auditors say

Commission of Audit says MOP309.7 mln may have been distributed unfairly

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1. Wynn Macau H1 net profit plummets to HK$1.44 bln
2. Signed, sealed . . . and delivered?
3. When summer is here, and so are you
4. Shanghaied, short-changed, and chastened
5. Seeking El Dorado
 
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