Inside Asian Gaming

Repeat Performance Encore at Wynn Macau has bolstered Steve Wynn’s reputation for offering Macau’s glitziest casino resort experience, and set the stage for his next act on Cotai L ast month, Hong Kong-listed Wynn Macau Ltd announced its net profit for the six months ended 30th June was HK$1.91 billion (US$245.7 million), more than double the HK$903.7 million recorded in the year-ago period. The profit surge was driven by sharp growth in Macau’s overall casino—and particularly VIP baccarat—revenue, as well as the opening of aWynn Macau extension, Encore at Wynn Macau, on 21st April. The US$550m spent building Encore at Wynn Macau adds a fully integrated resort hotel with 410 luxury suites and four villas along with restaurants, additional retail space (including Chanel, Piaget and Cartier outlets) and gaming space including approximately 37 VIP tables, 24 mass-market tables and 69 slot machines. Encore at Wynn Macau INSIDE ASIAN GAMING | September 2010 48