• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Wynn Macau paying special bonus to 95pct of staff

Jul 16, 2018 Newsdesk Latest News, Macau, Top of the deck  


Wynn Macau paying special bonus to 95pct of staff

Macau casino operator Wynn Macau Ltd announced on Friday what it termed a “special bonus” equal to one month’s gross salary, payable to “95 percent” of its current 13,200 workforce. The money will be disbursed on August 15, just before the second anniversary of the launch of the firm’s Cotai project, Wynn Palace (pictured). Senior management will not be covered by the award.

The firm said in a statement: “Following a general salary increase announced earlier this year in February, this special bonus is being awarded to show the company’s appreciation for strong business results and team members’ hard work and dedication.”

Net profit at Wynn Macau rose by 119.2 percent in the first quarter of 2018, to US$227.1 million, according to results published in late April.

From being announced in 2014 until the end of 2017 inclusive, the company had what was understood to be a special bonus programme for non senior management staff, and such payments were made twice yearly.

GGRAsia asked the firm via email on Friday whether the newly-announced special bonus was a one-off, or part of a new multi-year scheme. We had not received a reply by the time this story went online.

The casino group is currently working on plans for phase two for Wynn Palace, and which will focus on non-gaming, Hong Kong-based businessman Allan Zeman – appointed Wynn Macau Ltd’s non-executive chairman after the departure in February of founder Steven Wynn from the United States-based parent Wynn Resorts Ltd, and from the local unit – told media on the sidelines of Global Gaming Expo Asia 2018 in Macau in May.


  • tweet
Related articles
  • Moody’s expects MGM, Wynn to pursue large IR development 
    Moody’s expects MGM, Wynn to pursue...

    Apr 08, 2021  

  • Dore case to rejig Macau gaming structure: ex-govt advisor
    Dore case to rejig Macau gaming...

    Mar 30, 2021  

More news
  • Macau 1Q gaming suspect transaction reports up 2pct
    Macau 1Q gaming suspect transaction...

    Apr 21, 2021  

  • Macau govt, analysts tip May Day bounty at casino resorts
    Macau govt, analysts tip May Day bounty...

    Apr 20, 2021  


Latest News

Macau 1Q gaming suspect transaction reports up 2pct

Macau 1Q gaming suspect transaction reports up 2pct

Apr 21, 2021  

Macau’s Financial Intelligence Office says the tally of suspicious transaction reports filed in the first three months of 2021 by the city’s gaming industry – including the casino firms...
Read More
Macau govt, analysts tip May Day bounty at casino resorts

Macau govt, analysts tip May Day bounty at casino resorts

Apr 20, 2021  

Paradise Ent says deployment of own slots hit by pandemic

Paradise Ent says deployment of own slots hit by pandemic

Apr 20, 2021  

Belle Corp 2020 gaming revenue from CoD Manila dips 79pct

Belle Corp 2020 gaming revenue from CoD Manila dips 79pct

Apr 20, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”We are filled with gratitude and excitement as we approach our opening this June and hope to play a role in Las Vegas’s rebound after what has been an incredibly challenging year”

Scott Sibella

President of Resorts World Las Vegas



Most Popular

  • Talks on NagaWorld lay-offs amid pandemic: sourceTalks on NagaWorld lay-offs amid pandemic: source April 19, 2021
  • Macau gaming demand recovering comfortably: analystsMacau gaming demand recovering comfortably: analysts April 20, 2021
  • NUSTAR complex in Cebu slated to open 2022: UHRINUSTAR complex in Cebu slated to open 2022: UHRI April 16, 2021
  • Macau VIP GGR up 20pct sequentially in 1Q: govtMacau VIP GGR up 20pct sequentially in 1Q: govt April 16, 2021
  • Macau govt, analysts tip May Day bounty at casino resortsMacau govt, analysts tip May Day bounty at casino resorts April 20, 2021
Copyright 2014-2021 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us