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Steve Wynn Hints At Plans For Macau's Cotai Strip Property

By Chuckmonster on Monday, 13th August 2007 6:01am
  » filed under Macau  comments: 0

   

MacauBusiness.com published a stellar and candid interview with Steve Wynn in July where he discusses many of the challenges and opportunities he sees in Macau as well as Wynn Resorts' Cotai Strip property.

I'm going to build in Cotai the single most gorgeous hotel on the planet. It will probably be the last great job of my life. And it won't be the biggest hotel, it will just be the fanciest, all suite hotel on the planet. I intend to put the most glamorous, the most elegant rooms ever built on the planet on that property. The form that takes and the differentiation of that product, of that program is something that we'll discuss it on a later date. - Steve Wynn

Wynn goes on to draw comparisons of Encore to the Wynn Macau Diamond Suites expansion currently getting started:

We're taking the top hotels in both markets and we're increasing the quality of both. The Encore room is bigger, the typical room is bigger by 20 percent than the Wynn room and the suites are bigger. The Encore casino is slightly smaller, but looks like the one downstairs (Wynn Macau), we're taking this idea with the columns and the drapery. We're doing Macau in Las Vegas. - Steve Wynn

And takes a coupla swipes at Venetian / Sands Macao owner Sheldon Adelson:

Sheldon has antipathy for me, personally, but as far as rivalry in terms of business there is none. We are a completely different category than of Venetian: we are the top end operator and I don't know if he wanted to be but he is not. He caters to a different market.

For those with even a passing interest in the casino industry, this article is a must read.



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