Wynn Macau

Wynn Macau not involved in Genting Hong Kong hotel project

Wynn Macau Limited, one of Macau’s leading operators of luxury integrated resort casinos, has proclaimed that it has no involvement in a new hotel project that is being developed by an auxiliary unit of Genting Hong Kong Limited.

The massive hotel project in question is being developed by China’s state-owned real estate contractor China Civil Engineering Construction Corp (CCECC) on a waterfront site at Macau peninsula's Nam Van area.

Wynn Resorts Macau unit losing $2 million daily, with revenue down 97.6% in Q2

Continuing to struggle in the wake of the COVID-19 shutdown, Wynn Resorts’ Macau hotel and casino business is suffering a loss of nearly $2 million per day with revenue down 97.6 per cent in the first two months of the second quarter of the current fiscal year.

Mass market gamers won’t like Macau’s post-COVID19 changes: Morgan Stanley

When Macau’s casinos will eventually get back to normal following COVID19-induced strict health protocols and travel bans, mass market gamers will probably not like the potential changes, Morgan Stanley market analysts underlined in their latest report.