SEG 24 DE JUNHO DE 2019 - 21:06hs.
Said its CEO

Wynn Resorts to progress with US and Macau projects

The newly appointed CEO of Wynn Resorts, Matt Maddox, commented that the company is moving forward with its ongoing projects in the United States and in Macau, as well as the pursuit of a possible casino licence in Japan following the departure of the firm’s founder Steve Wynn. He also said that the corporate branding – Mr Wynn’s signature – will also be kept.

Maddox made the remarks during a meeting with the firm’s employees on Monday at the Wynn Las Vegas casino resort in Nevada, reported the Associated Press. “The idea is that our future projects are going to continue to be leading in innovation and creativity. We are continuing to move forward as fast as we can,” he said.

The new Wynn Resorts CEO said additionally that the company would be creating an “innovation advisory team”, which would provide advise in the design of the firm’s resort projects.

Wynn Resorts announced on February 7 that it had accepted the resignation of Steve Wynn as chief executive and chairman of the firm’s board of directors.

The announcement of Mr Wynn’s resignation was made amid a broader controversy surrounding the executive, as the Wynn Resorts’ board awaits the results of an investigation into allegations of sexual misconduct made by former Wynn Resorts employees against Mr Wynn.

Maddox, who was president of Wynn Resorts before becoming chief executive, said he was not aware of any of the sexual misconduct accusations against Mr Wynn before they surfaced last month, reported the Associated Press. Mr Wynn has denied the allegations.

Wynn Resorts is currently developing the Wynn Paradise Park, a current construction on the former Wynn golf course.  The company is also building a new hotel called Wynn West, which will be a 2,000- to 3,000-room property on the site on the northern end of the Las Vegas Strip.

The casino firm is also developing the Wynn Boston Harbor in Massachusetts, which is scheduled to open in June 2019.

The casino operator is pressing ahead with these projects as well as the pursuit of a casino licence in Japan, Mr Maddox was quoted as saying.

In Macau, the firm is also preparing to add more hotel rooms to its Cotai property Wynn Palace, which opened in August 2016. Maddox is also the CEO of the firm’s Macau unit, Wynn Macau Ltd.

Source: GMB / GGR Asia