International edition
October 26, 2021

According to Citi´s analysts

Wynn Macau may have to wait until 2016 to open in Cotai

(Macau).- Wynn Macau may have to wait at least until 2016 for the opening of a resort in Cotai. This is due to several factors, including the lack of updates on Wynn Macau’s land concession request and the lack of available labour, Citi’s analysts said.

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n a report published earlier this week, Citi noted that Wynn Macau said in its 2010 annual report that the company “cannot prepare a final timeline or budget until the Macau government approval of the land concession is received.”

In February, Wynn Macau’s chairman Steve Wynn said the Cotai project could still break ground in the first half of 2011, in order to open in late 2014 or early 2015.


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