The coming $4.2 billion Wynn Palace Cotai development from operator Wynn Resorts Limited is set to open its doors on Monday featuring VIP rooms allocated to a trio of prominent junket operators including Suncity Group.
The Cotai property has been licensed to begin operations with 1,245 slots alongside 350 gaming tables while Steve Wynn, Chairman and Chief Executive Officer for Wynn Resorts Limited, revealed during a recent press conference that 50 to 60 of these tables are to be reserved for VIP players.
According to a report from the Macau Business Daily newspaper, Suncity Group will be joined by fellow junket operators Tak Chun Group and Guangdong Group in offering VIP tables at the 29-floor Wynn Palace Cotai, which will also come complete with 1,700 hotel rooms, an eight-acre performance lake and a spa alongside retail and dining facilities.
Nearby and The Parisian Macao Casino Resort from Las Vegas Sands Corporation subsidiary Sands China Limited is scheduled to open for business on September 13 also offering VIP rooms from Suncity Group and Guangdong Group. The newspaper reported that it is unknown how many tables are to be allocated to the junket operators as the $2.7 billion property’s application for new-to-market gaming tables is still being processed by the government.
The Bloomberg news service reported last month that Cotai’s $3.2 billion Studio City Casino Macau development, which is controlled by Melco Crown Entertainment Limited, was planning to inaugurate a trio of VIP rooms as early as August 28 with gaming tables allocated to junket operators such as Suncity Group and Tak Chun Group.
Studio City opened in October of 2015 without any VIP rooms, which represented a first for Macau’s new breed of integrated casino resorts, although Lawrence Ho Yau Lung, Chairman and Chief Executive Officer for Melco Crown Entertainment Limited, recently explained that the operator intended to set aside “approximately 30 tables” from its stable of 300 for VIP players.