Cotai News - Page 12

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Steve Wynn Honored by Time Magazine's TIME 100 Issue

8 May 2006

Steve Wynn, Chairman of the Board and CEO of Wynn Resorts, Ltd. has been honored in the "Builders and Titans" category of the publication.

Macau Casino Plans to Hire 5,000

17 February 2006

International News Brief: MGM Grand Paradise, a Macao-U.S. jointly invested gaming business, has vowed to hire some 5,000 employees, local media reported Thursday.

Galaxy Casino Chooses KISS Management System

8 December 2005

Galaxy Casino has chosen the KISS casino management system to manage table gaming, junket & cash desk operations at their Grand Waldo and Rio properties, which are slated to open early 2006.

Wynning in Macau

7 December 2005

Steve Wynn didn't have to look far when it came time to figure out how to best capitalize on his valuable Macau casino concession.

Galaxy Casino Price Talk Emerges

6 December 2005

International News Brief: Price talk on the $500 million two-tranche bond from Macau's Galaxy has emerged, according to sources familiar with the deal.

Las Vegas Sands Launches Problem-Gambling Program

13 September 2005

The Venetian's parent company is working with the Harvard University Medical School Division on Addictions to start a program that trains all employees, from senior management on down, to recognize customers and co-workers who show signs of problem gambling.

North American Video Awarded Wynn Macau Contract

25 August 2005

North American Video has been awarded the contract for the security and surveillance systems at the new Wynn Resorts in Macau presently under construction.

Venetian Macau Budget Reaches $2 Billion

4 August 2005

International News Brief: The blockbuster budget for the Venetian Macau casino resort in Cotai has climbed to $2 billion and could go higher as owner Sheldon Adelson announced he is seeking additional land for expansion.

K. Wah Shareholders Approve Galaxy Deal

19 July 2005

International News Brief: Shareholders of K. Wah Construction Materials and its parent company, K. Wah International Holdings, approved plans Tuesday to buy Galaxy Casino in Macao with shares and other securities, in a deal valued at 18.4 billion Hong Kong dollars.

MGM Mirage's Project in Macau under Way

1 June 2005

MGM Mirage became the third Las Vegas-based casino operator to begin construction of a gambling complex in Macau when the company broke ground today on a 600-room hotel-casino in the Chinese gaming enclave.

MGM Grand Macau Begins Construction

1 June 2005

MGM Grand Paradise has officially launched construction on its joint venture, MGM Grand Macau.

Ho Grabs Half-Stake in MGM Grand Paradise

28 April 2005

International News Brief: Casino heiress Pansy Ho has invested $80 million for a half-stake in MGM Grand Paradise, slated to become the city's fifth casino operator.

From First Glance, Las Vegas Held Allure for Wynn

25 April 2005

The real Steve Wynn is a street fighter who has had to orchestrate comebacks from calamities that would have flattened lesser operators.

Wynn Seeks Macau Expansion

9 December 2004

Instead of developing second and third Macau properties with other hotel owners, Steve Wynn says the power of Macau is too valuable to sell, and that he'll build at least one, and possibly two properties on the island.

Venetian Macau Expected to Cost $1.8 Billion

24 November 2004

International News Brief: Las Vegas Sands said it expects to spend $1.8 billion on its planned Venetian Macau casino resort, roughly doubling figures previously offered by its executives and dwarfing the budget of any other announced project in the territory.

Wynn Resorts Offers Common Stock

9 November 2004

Wynn Resorts, Limited has agreed to sell 7,500,000 shares of its common stock to Deutsche Bank Securities Inc.

Alliance Gaming, Galaxy Macau Signs Agreement

26 July 2004

Alliance Gaming has signed a contract with Hong Kong-based Galaxy Casino S.A. to provide its casino operations in Macau with 53 MindPlay Baccarat tables that offer proprietary security features designed to thwart cheating.

Wynn: Rule Changes will Advance Chinese Casino

26 February 2004

Recent developments make it clear that Wynn Resorts will soon begin building its Wynn Macau resort, Steve Wynn said Wednesday.

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