Monthly Archives: May 2016

A Macau-based junket promotor Gold Moon has put on hold the VIP gaming operations that it was running at the Wynn Macau casino resort after its only operational gaming room in the casino was shutdown. The suspension of its VIP operations came in to effect on May 21. According to an internal notice released by…

Credit rating agency Fitch Ratings expects the proposed Wynn Palace in Macau’s Cotai area to outperform other casinos being opened in the region. It has forecasted an earnings before interest, taxation, depreciation and amortization (EBITDA) of US$580 million for Wynn Palace in 2017. Wynn Macau Ltd, the subsidiary of U.S.operator Wynn Resorts Ltd has not…