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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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Betting on the World Cup curbs flow of mainland money into city’s casinos

Trade unions becoming vocal about Sands China

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Headlines

Water utility sees no sign of increase in its fee

Macao Water Supply suspects govt will deny the company the amount it wants

Union Gaming Research differs on MGM Resorts

Thinks market is wrong about relative performance in Las Vegas and Macau

Govt halts building work on Parisian casino-resort

Says developer has permission only to undertake earthworks on the site

Sands China Q2 profit jumps 27 pct to US$620.2 mln

Revenue rises 15 pct to US$2.38 bln, EBITDA rises 22 pct to US$800.6 mln

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1. Warning given that mainlanders may bypass Macau
2. Francis Lui sees revenue growing by 10 pct or more
3. New Cotai casinos pose threat to Iao Kun business
4. Graftbuster probes oddity in Wynn Palace land deal
5. Govt halts building work on Parisian casino-resort
 
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