Tag Archives: wynn palace
- Wynn Palace finds feet, boosts Wynn Resorts revenue by 48%
April 26, 2017
Casino operator Wynn Resorts posted better than expected Q1 numbers as the company’s newest Macau property found its stride. Figures released Tuesday show Wynn’s overall revenue hitting $1.48b in the three months ending March 31, nearly 48% higher than the same period last year. Adjusted earnings rose 42.4% to $427.5m...
- Wynn Palace shines while other Wynn properties decline in Q4
January 27, 2017
Casino operator Wynn Resorts's Q4 2016 revenue got a boost from the new Wynn Palace while the company’s other resorts took it on the chin. Figures released Thursday showed Wynn’s overall revenue jumping 37.3% to $1.3b in the final three months of 2016, spurred by the August opening of the...
- Wynn Palace has yet to avail itself of 25 extra gambling tables
January 10, 2017
Officials of the Gaming Inspection and Coordination Bureau (DICJ) are still waiting for Wynn Macau to request the 25 extra gambling tables for its Wynn Palace resort in Cotai. Wynn Palace was awarded 100 mass gaming tables before it opened in August, to be followed by 25 more tables on...
- Wynn Palace’s walls close in; Tak Chun launch Studio City VIP Club
November 23, 2016
Casino operator Wynn Resorts is revamping the gaming floor of its new Wynn Palace property in Macau in a bid to boost excitement among mass market gamblers. Morningstar Inc analyst Dan Wasiolek issued a report on Monday that claimed Wynn Palace’s disappointing performance to date was in part due to...
- Wynn Palace – Leighton dispute ends in settlement
October 31, 2016
Casino mogul Steve Wynn may have saved himself some litigation time after Wynn Resorts reached a settlement with Leighton Contractors (Asia) over the disputed Wynn Palace Macau luxury resort project but he sure have lots of explaining to do to his investors Wynn will shell out US$121 million in fees...
- Slow activity in Wynn Palace disappoints analysts
September 1, 2016
More than a week since Wynn Resorts Ltd.’s $4.2 billion Macau resort opened its doors to the public, analysts are already seeing some writings on the wall. Bloomberg reported that the slow entry of tourists and the possibility that Wynn Palace taking business from local rivals is causing concern to...
No, Las Vegas Sands is not buying Wynn Resorts
March 17, 2017
Parisian Macao battling Legionnaires’ Disease outbreak
April 25, 2017