The Wynn Casino at night in Macau - Photo (C)opyright 2007, All rights reserved, Lim Wei Hsiang

Wynn Macau

by David Smart
Wynn Macau opened in Sept. 2006 with around 212 table games and 375 slot machines and approx 100,000 sq. ft. of casino gaming space.

In the first phase they have 600 hotel rooms and suites, 7 restaurants, and 26,000 square feet of retail space.

Walking the casino floor is an almost surreal experience. It is a Las Vegas casino transported to China, complete with water show at the entrance. With Chinese punters and staff, and a few Vegas types standing around in the Pits asking questions. The punters are awed by the luxury. They peer in the windows of the five-star restaurants with award-winning chefs but yearn for a plate of noodles. They admire the designer label clothing, luggage, and jewelry in the shops. It’s all there: Bulgari, Chanel, Fendi, Giorgio Armani, Prada, Christian Dior, Louis Vuitton Piaget, Rolex, Tiffany & Co… But the Chinese wonder why the prices are so outrageous – never realizing that these are originals, not the copies that they have back home. They lust after the Russian hookers in the upscale nightclub “Tryst”. They admire the beautiful outdoor pool, but would not use it of course. Then they sit down to play, and Wynn has some of the strongest high-end play in Macau.

HONG KONG - MGM Mirage has said it may unload its stake in an Atlantic City casino resort to settle a fight with US gaming regulators over the company's Macau business partner. The move suggests that MGM is prepared to sell its half stake in the ...

HONG KONG: MGM Mirage has said it may unload its stake in an Atlantic City casino resort to settle a fight with US gaming regulators over the company’s Macau business partner. The move suggests that MGM is prepared to sell its half stake in the ...

The president of the Macau Lawyers Association formerly was managing director of Sands Macao. Wynn Resorts Ltd. (WYNN) said it has amended the employment agreement of Matt Maddox, the company’s chief financial officer and treasurer and raised his ...

It belongs to a gaming insider who believes Harrah's Entertainment may finally enter Macau ... Las Vegas Sands Corp. and MGM Mirage gained a foothold. Packer bought Wynn's subconcession for $900 million in 2006 and formed a joint venture with Ho, the ...

As a whole, the Casino Stocks Index is ahead by 1% today, but it remains a laggard to the S&P 500 over the last month. Investors can look to forthcoming earnings reports from industry heavyweights to set the trend for early 2010. September marked the ...

In Hong Kong, casino stocks were among the top performing sectors: SJM Holdings rose 5%, Melco International Development added 2.9%, Sands China gained 2.7% and Wynn Macau advanced 2.2%. This January casino revenue rose 63% as compared with numbers ...

The firm notes that the strong year-over-year growth in Macau was well ahead of its 30% YoY growth estimate; Wedbush also points out that while Las Vegas Sands, Wynn and even MGM MIRAGE (NYSE: MGM ) traded sharply higher on the news, "the result was ...

Feb. 2 (Bloomberg) -- Melco Crown Entertainment Ltd. Chief Executive Officer Lawrence Ho called reports of a U.S. casino company negotiating to buy a stake in his Macau casinos “total nonsense.” Harrah’s, the world’s biggest casino company ...

Feb. 2 (Bloomberg) -- Melco International Development Ltd., controlled by billionaire Stanley Ho’s son, Lawrence, led Hong Kong-listed casino operators higher after a report said gaming revenue in the world’s biggest gambling hub hit a monthly ...

HK), the Macau unit of Las Vegas Sands (LVS.N), rose as much as 5.24 percent to a two-week high at HK$11.64. Wynn Macau (1128.HK), the Macau unit of Wynn Resorts (WYNN.O) advanced 3.08 percent to HK$9.70.

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