2nd Macau-Qingdao Beer & Cultural Festival and the 1st Macau-Qingdao Week at Wynn Palace on course for successful mutual exchanges.
Wynn Resorts
Figure also shows 23 per cent drop from previous month’s GGR, a setback just as Macao began to recover from its summer Covid-19 outbreak.
Loss up 70% year-on-year while company’s EBITDA suffers US$65.6 million loss; Wynn Resorts CEO blames Covid-related travel restrictions.
Outgoing president Ian Michael Coughlan leaves next February but will continue in advisory role; CEO hails successful transition.
CEO Craig Billings stresses company remains confident and market will bounce back once travel restrictions are relaxed.
Increase over January lifts GGR to MOP 7.7 billion, marginally up on February 2021.
Gaming operator bosses confident of more visitors in the coming months, point to healthy results at start of Year of the Tiger.
Ruling brings six-year legal wrangle to an end; likely to have significant implications for casinos’ future relations with junket operators.
Wynn Resorts CEO Matt Maddox to leave company at the end of January, to be replaced by current CFO Craig Billings.