Sep 20, 2014,
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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

Casinos accused of trying to dodge smoking curbs

Union says they are adding more VIP rooms, where smoking will be allowed

Ex-employee’s suit against Sands China boss fails

Court denies Israeli’s claim to 12 pct of Adelson stake in casino operator

Only 14,000 new homes on Hengqin due to hit market

Most will be in Shizhimen Business District, Integrated Services District

Consul-general keen on more US-Macau business

US diplomat says his job is as much about relations with Macau as Hong Kong

Holiday reform tipped to benefit Macau tourism

Research house says annual leave for mainlanders would make visiting easier

Sterne Agee expecting flat gaming revenue in 2014

Stockbroker increases its forecast of shrinkage in September gaming revenue

Bank forecasts persistent falls in gaming revenue

Morgan Stanley predicts rebound only in 2015H2 as new casino-resorts open

MGM China employees voice demand for higher pay

But leave dissatisfied after talks between union and govt representatives

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1. Fitch cuts 2014 gaming revenue growth forecast
2. Kam Pek Paradise prepares for new smoking rules
3. VIP gaming predicted to stay weak for rest of 2014
4. Analysts remain bullish about Macau gaming stocks
5. MGM Resorts Intl aims to borrow cheaply in Japan
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