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Wynn Macau Limited decides to forego annual dividend payment

March 31, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Macau

The Wynn Macau Limited subsidiary of American casino operator Wynn Resorts Limited has reportedly announced that its board has decided not to pay investors a final dividend on its 2019 financial performance. ...

Wynn Macau Limited raising junket commission rate to 42.5%

Adam Morgan

March 4, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

The Wynn Macau Limited subsidiary of American casino operator Wynn Resorts Limited is reportedly boosting the amount of commission it pays Macau’s many junket operators so as to recover from the downturn in bus...

Macau casino stocks rise on the back of optimistic prediction

Adam Morgan

November 1, 2017

Latest Casino and Gambling News, Economy/Finance, Macau, Nevada

Tuesday reportedly saw several publicly-listed American casino operators receive a significant boost to their stock price after a prominent equity research firm declared that it expects Macau's aggregated gross...

Wynn Resorts Limited inks $472 million Wynn Plaza partnership

Adam Morgan

December 15, 2016

Latest Casino and Gambling News, Las Vegas, Mergers, Acquisitions & Partnerships

American casino operator Wynn Resorts Limited has reportedly established a joint venture with commercial real estate firm Crown Acquisitions Incorporated to own and operate a new shopping mall it is building al...

Gaming element planned for new City Of Dreams Macau hotel tower

Adam Morgan

November 30, 2016

Latest Casino and Gambling News, Casino project updates, Macau

The boss for Melco Crown Entertainment Limited has reportedly announced that the long-anticipated fifth hotel tower being constructed for its City Of Dreams Macau property is to be christened “Morpheus” and wil...

Macau reports mass-market resurgence for third quarter

Adam Morgan

November 12, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

The six licensed casino operators in Macau have reportedly revealed that VIP games accounted for only 44% of their aggregated gross gaming revenues during the third quarter while the mass-market segment grew by...