Tagged wynn palace cotai

Wynn Macau Limited posts second-quarter loss of around $185 million

August 10, 2022

Casino News, Latest Casino and Gambling News, U.S.A., Casino expansion projects, Gaming Industry News, Economy/Finance, Macau

American casino operator Wynn Resorts Limited has reportedly announced that its Asia-facing Wynn Macau Limited subsidiary racked up an aggregated second-quarter loss of approximately $185 million. According ...

Linda Chen picked to serve as the next President for Wynn Macau Limited

Adam Morgan

July 7, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Employment & Careers, Macau

In Macau and local casino operator Wynn Macau Limited has announced that experienced industry figure Linda Chen (pictured) is to replace Ian Coughlan as its President from the first day of next March. The Ho...

Wynn Macau Limited provides an update on its Macau development plans

Adam Morgan

May 11, 2022

United Arab Emirates, Latest Casino and Gambling News, Casino proposals, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Licenses, Macau, New York

In the casino hotspot of Macau and Asian casino operator Wynn Macau Limited is reportedly reconsidering whether to carry through with plans to further expand its Wynn Macau and Wynn Palace Cotai developments. ...

Wynn Resorts Limited inks Encore Boston Harbor lease-back agreement

Adam Morgan

February 16, 2022

Casino Sales, Casino News, Latest Casino and Gambling News, Casino expansion projects, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Massachusetts

American casino operator Wynn Resorts Limited has announced the signing of a $1.7 billion lease-back deal with real estate investment trust Realty Income involving its Encore Boston Harbor development. The L...

Wynn Resorts Limited unveils Al Marjan Island integrated resort plan

Adam Morgan

January 26, 2022

United Arab Emirates, Casino proposals, Casino News, Latest Casino and Gambling News, New Hotels, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

American casino operator Wynn Resorts Limited has announced that it is to partner with developer RAK Hospitality Holding in order to build and run a multi-billion-dollar integrated resort in the United Arab Emi...

JPMorgan Chase and Company upgrades trio of Macau casino operators

Adam Morgan

January 13, 2022

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

American investment bank JPMorgan Chase and Company has reportedly given the coronavirus-hit casino market of Macau a big boost by promoting the value of shares in a trio of its most prominent operators. Acc...

Matt Maddox stepping down as boss of Wynn Resorts Limited

Adam Morgan

November 10, 2021

U.S.A., Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Employment & Careers, Macau

American casino operator Wynn Resorts Limited has announced that its Chief Executive Officer, Matt Maddox (pictured), is to step down from the end of January to be replaced by its current President and Chief Fi...

Wynn Macau Limited suffers third-quarter financial setback

Adam Morgan

November 10, 2021

U.S.A., Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau

In Macau and casino operator Wynn Macau Limited has reportedly released its unaudited financial results for the third quarter showing that its operating loss improved by 55.8% year-on-year to slightly over $95....

Tak Chun Group to open VIP gaming lounge inside The Londoner Macao

Adam Morgan

February 5, 2021

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

In Macau and prominent casino junket operator Tak Chun Group has reportedly announced that it is to premiere its latest VIP gaming club inside The Londoner Macao from Monday afternoon. According to a report ...

Positive earnings prediction for coming Grand Lisboa Palace

Adam Morgan

January 18, 2021

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

In Macau and local casino operator SJM Holdings Limited is reportedly expected to generate approximately $257 million in aggregated annual earnings next year from its coming Grand Lisboa Palace development. ...

Wynn Macau Limited initiates staff cost-cutting measures

Adam Morgan

November 12, 2020

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

As part of an effort to better manage its costs during the coronavirus-induced economic downturn and Asian casino operator Wynn Macau Limited has reportedly announced that it will not be renewing the contracts ...

Wynn Macau Limited experiencing slow post-coronavirus recovery

Adam Morgan

November 6, 2020

U.S.A., Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau, Online Gambling News, Mergers, Acquisitions & Partnerships

Asian casino operator Wynn Macau Limited has reportedly released its unaudited financial results for the third quarter showing that it experienced a decrease of 93.7% year-on-year in overall operating revenues ...

Wynn Resorts Limited bemoans strained United States/China relationship

Adam Morgan

August 19, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Mergers, Acquisitions & Partnerships

American casino operator Wynn Resorts Limited has reportedly announced that escalating tensions between the United States and China could be hindering its attempt at securing an undisclosed amount of new financ...

Wynn Macau Limited experiences second-quarter disappointment

Adam Morgan

August 5, 2020

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

Asian casino operator Wynn Macau Limited has reportedly released its unaudited financial results for the second quarter showing that it experienced a drop of 98.2% year-on-year in overall operating revenues to ...

Wynn Macau Limited warning of April and May earnings deficit

Adam Morgan

June 12, 2020

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

Asian casino operator Wynn Macau Limited has reportedly warned investors that it is expecting to record a combined loss of up to $126.1 million in adjusted earnings before interest, tax, depreciation and amorti...