Wynn Macau Limited provides an up-date on its Macau development plans

In the kasino hotspot of Macau and Asian kasino operator Wynn Macau Limited is reportedly reconsidering whether to carry through with plans to further expand its Wynn Macau and Wynn Palace Cotai developments.

According to a report from Inside Asian Gaming, the Hong Kong-listed firm's Chief Executive Officer, Craig Billings (pictured), made the revelation earlier today as part of a second-quarter financial results discussion. The source explained that this ulasan comes as the kasino pasar of Macau is shifting away from the increasingly volatile and junket-heavy VIP pasar in hopes of attracting an even more leisure-focussed konsumen base.

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Billings reportedly declared that Wynn Macau Limited, which is a subsidiary of American kasino operator Wynn Resorts Limited, has recently seen ‘new customers coming to Macau with different motivations' than might have been prevalent before the appearance of coronavirus. The executive purportedly also asserted that these fresh spurs have encompassed shopping and leisure as ‘Hong Kong hasn't been accessible' owing to this enclave's numerous wabahc-related lockdowns and travel restrictions.

Reportedly read a pernyataan from Billings…

"This has really piqued our interest when we think about what the future development of Macau might be from a non-gaming perspective. Now, we are under no illusion that we are talking about a Las Vegas-style non-gaming pasar but the ability to adapt and change our business as the pasar adapts is a very interesting incremental investment opportunity."

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Wynn Macau Limited recently added a pair of restorans as well as some 7,000 sq ft of ritel ruang to its 1,000-room Wynn Macau facility and had plans to begin work on bringing a further 1,371 rooms to its Wynn Palace Cotai venue lewat the construction of two new hotels. However, this latter scheme was indefinitely postponed two years ago owing to the coronavirus pandemi with the operator reportedly asserting that the properti still has 12.5 acres of undeveloped land that could prove ‘very meaningful' for the future.