Saturday, April 1, 2023

Tag: Steve Wynn

Macau’s May casino GGR surpasses analysts’ expectations

ICR - Macau May GGR
Steve Wynn and Lawrence Ho spelt out Macau’s May rebound in Louis Vuitton analogies as casino revenue hit a $2.8bn high water mark for 2017.   Revenues in Macau jumped almost 24 percent in May, beating expectations and posting a 10-month winning streak as wealthy gamblers returned to the southern Chinese territory. Gross gaming receipts in May rose by 23.7 percent...

Is a Post-Trump liberalisation of US gaming a sure bet?

Casino Review, Trump, Warwick Bartlett, GBGC, Steve Wynn, Tom Cotton, Sheldon Adelson
With a former casino owner in the White House it would be tempting to start celebrating the imminent liberalisation of US gaming laws, but Global Betting and Gaming Consultants CEO Warwick Bartlett warns that this is far from a foregone conclusion. It is hard to believe that a candidate for president of the United States has previously owned casinos in...

Wynn Palace – Open for Business

Casino Review, Wynn Palace, Macau
August 22 saw the official opening of the Wynn Palace on Macau’s Cotai strip.   At a total cost of $4.2bn (E3.7bn) the Wynn Palace is to date the most expensive venture of Las Vegas casino mogul Steve Wynn’s career.   Facilities at the Wynn Palace include 1,700 luxury suites, over $125m (E111m) worth of fine art, a luxury spa and a performance...

Wynn Macau announces August opening for Wynn Palace

Wynn Palace Wynn resort
Following a series of delays, Wynn Macau has announced that it will open its new resort, Wynn Palace, in the Cotai area of Macau, on August 22.   In a brief statement last month, Wynn Macau said: “The company expects that the opening of Wynn Palace will help launch a new era of prosperity for Macau, attracting more international tourists to...