Wynn Resorts Ltd. unveiled plans for a US$2 billion expansion of its properties in Macau, including a theatre and museum in the world’s largest gambling market.
Wynn Palace
Operating revenues from Wynn Palace were US$740.6 million for the fourth quarter of 2018, up 12.8 percent year-on-year.
Wynn Resorts Ltd.’s financial results for the first quarter of 2018 show that its operating revenue rose more than 20 percent over the same quarter in 2017 to US$1.72 billion (MOP13.87 billion).
Wynn Resorts Ltd.’s new Macau resort came up short last quarter, failing to fully capitalize on the recovery in the world’s biggest casino market as construction nearby kept some guests away.
Wynn Resorts has reported a 30.5 per cent year-on-year rise in net income for the fourth quarter of 2016, attributed to strong revenue from Wynn Palace, and offset by decreased earnings from Wynn Macau.
Wynn Palace opened Monday night, drawing big crowds to Cotai to try their luck in the new casino, while Wynn Resorts Chairman & CEO Steve Wynn told a ballroom full of guests that the new US$4 billion resort that took six and a half years to build was a “gift” to the community. “It’s our […]
Wynn Macau will open its new integrated resort, Wynn Palace, in Cotai on August 22, the US gaming company said in a statement on Monday. The USD 4 billion (32 billion patacas) property features 1,706 rooms, restaurants, cable car rides around the resort, a water fountain show and a luxury shopping centre, as well as […]
