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Saturday, April 13, 2024

Tag: Wynn

SJM appoints new Grand Lisboa Palace president as construction woes increase

JM Holdings has appointed Caesars and Wynn veteran Paul Baker as president of the Grand Lisboa Palace, its $4.6bn integrated resort still under construction in Cotai. The former deputy COO for Resorts World Genting assumed the role on 1 October, just three days prior to SJM chief executive Ambrose So Shu Fai predicting completion of the IR in the second...

Connecticut braced for Massachusetts openings

Connecticut tribal operators are braced for the opening of two new casino resorts from MGM and Wynn in neighbouring Massachusetts. The end of August saw the first money staked at MGM’s $960m Springfield property, an opening that many in Connecticut believe will be of detriment to the local market and it’s two tribal casinos. The Mohegan and Mashantucket Pequot tribal nations...

Macau strikes back with 14.4 percent of VIP-driven growth

Macau’s figures continue to silence its critics, posting the fourth consecutive month of accelerating gaming growth, largely thanks to a healthy dose of VIP.   The gambling mecca of Macau has already penned in a staggering 14.4 percent uplift in gaming revenues for November - its fourth consecutive month of exponential growth. These latest monthly figures - $2.35bn - far outstrip even...

Wynn Macau announces August opening for Wynn Palace

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...

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