Wynn Resorts has revealed plans to revamp its former VIP rooms at its two Macau properties, whilst revealing that its holding three undeveloped land parcels to “expand our business considerably” in Macau.
Wynn Resorts has affirmed the appointment of former Aristocrat finance boss Julie Cameron-Doe as chief financial officer of the company, effective April 18, 2022.
Macau casino operators MGM China and Wynn Resorts have confirmed through their latest annual reports that they have ended all cooperation agreements with gaming promoters (junkets) in Macau since December 2021.
Wynn Resorts CEO Craig Billings said he does not expect a multi-year process for the legalization of land-based gaming in Ras Al Khaimah, with regulations already “well advanced” having been modeled on Singapore and the United States.
U.S.-listed Wynn Resorts said it saw encouraging signs amongst its direct-VIP and premium mass players during Chinese New Year, with mass drop and direct VIP rolling recovering to 60 percent and 88 percent of 2019 CNY levels respectively.
Wynn Resorts has announced its first foray into the Middle East with plans for a "multi-billion" integrated resort project on Al Marjan Island in the United Arab Emirates.
Wynn Resorts said it will appoint Aristocrat Leisure's Chief Financial Officer Julie Cameron-Doe to the same position, effective from the second quarter of next year when she completes her notice period.
Wynn Resorts has confirmed that Craig Billings will take up his position as CEO and executive director from Feb. 1st next year, taking over from Matt Maddox.
Wynn Resorts’ departing CEO Matt Maddox is planning to explore opportunities outside of gaming, according to Wynn Resorts chairman Philiip G. Sartre in a letter written last Friday.