• 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
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Wynn Macau revamped VIP area partly opened: Union Gaming

Feb 11, 2015 Newsdesk Latest News, Macau, Top of the deck  


Wynn Macau revamped VIP area partly opened: Union Gaming

Part of the revamped VIP gaming area at Wynn Macau casino hotel has already opened, said Union Gaming Research Macau Ltd in a note on Tuesday.

The space has been taken by Guangdong Group, successor to the junket business founded by Hong Kong-listed Neptune Group Ltd, said the research house.  Guangdong Group was said in a report by Daiwa Securities Group Inc last month to be Macau’s second biggest VIP operator measured by volume of gaming chip roll.

Suncity Group, said by Daiwa to be Macau’s largest VIP operator by chip roll, is expected to take the rest of the refurbished space in the west wing of Wynn Macau by the end of this week, said Union Gaming.

“While Guangdong is not new to Wynn Macau, Suncity is, and the Suncity space, along with newly refreshed premium mass space, will represent the property bringing back online about 40 gaming tables that had been offline for most of 2014,” stated the note from analysts Grant Govertsen and Felicity Chiang.

They said it represented in sequential terms a near 10 percent increase in the number of tables being operated at Wynn Macau. The property was developed and is operated by Wynn Macau Ltd.

“We believe that at least half of these tables will be allocated to premium mass, while the balance will be VIP. In our view, Wynn Macau remains the most aspirational product in Macau and generally punches above its weight,” said the research house.

It added: “In addition, the new Guangdong and Suncity VIP spaces are likely to be considered among the best. As such, we would look for the incremental gaming product to result in Wynn Macau being a share taker in both the VIP and mass segments during 2015 and beginning during the traditionally important Chinese New Year period.”

The management of Hong Kong-listed Wynn Macau’s parent firm Wynn Resorts Ltd had said during the group’s fourth quarter earnings call on February 3 that the average number of VIP tables at Wynn Macau had decreased to 244 units in the fourth quarter of 2014 from 273 units in the prior year’s fourth quarter “due in large part to a renovation on a portion of the casino floor”.

Company chairman Steve Wynn said on the call that Wynn Macau had dropped some of its “weaker” junkets to focus on those that were most conservative with issuing credit, and which offered the best quality players.


  • tweet
Related articles
  • Blackstone clinches US$6.15bln takeover of Crown Resorts
    Blackstone clinches US$6.15bln takeover...

    Jun 24, 2022  

  • Macau ops hail key step of revised gaming law passage
    Macau ops hail key step of revised...

    Jun 22, 2022  

More news
  • Sega Sammy to launch Genesis Crest 43J cabinet in Asia
    Sega Sammy to launch Genesis Crest 43J...

    Jul 01, 2022  

  • Macau monthly GGR for June worst since Sept 2020
    Macau monthly GGR for June worst since...

    Jul 01, 2022  


Latest News

Sega Sammy to launch Genesis Crest 43J cabinet in Asia

Sega Sammy to launch Genesis Crest 43J cabinet in Asia

Jul 01, 2022  

Casino equipment supplier Sega Sammy Creation Inc said in a Friday release it was debuting its Genesis Crest 43J cabinet in Asia. The product will be available at an in-person trade show, G2E Asia:...
Read More
Macau monthly GGR for June worst since Sept 2020

Macau monthly GGR for June worst since Sept 2020

Jul 01, 2022  

Kangwon 2021 average bet 61pct above foreigner casinos

Kangwon 2021 average bet 61pct above foreigner casinos

Jul 01, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


638

Aggregate number of Covid-19 cases in the latest Macau outbreak, as of Thursday-end



Most Popular

  • 5-casino Thai market ok says National Assembly committee5-casino Thai market ok says National Assembly committee June 30, 2022
  • Macau tells casinos cut on-duty staff by 90pct: reportsMacau tells casinos cut on-duty staff by 90pct: reports July 1, 2022
  • Macau drops 48hr nucleic acid test for casino staff, guestsMacau drops 48hr nucleic acid test for casino staff, guests June 30, 2022
  • Universal hopes Okada Manila biz listed before Sept 30Universal hopes Okada Manila biz listed before Sept 30 June 30, 2022
  • Only 2 Macau satellites closed as concessions extendedOnly 2 Macau satellites closed as concessions extended June 29, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us