Macau Gambling and Steve Wynn
It has been stated by Steve Wynn that his gambling business plans in Macau has received great news, as he has received the approval to start working on building his casino in one of the biggest casino towns, Macau. Macau is a small city that lies on the southern coast of China and it is considered one of the biggest and fastest booming casino towns. This is the reason why it attracts a lot of American based casinos.
His casino’s construction has the green light to begin after such approval. His casino is going to be built on 51 acres of land and it is located on the Cotai Strip of Macau. Wynn also added that he considers this casino as the most important and one of the biggest, if not the absolute biggest project to be added to Wynn Resorts. As for the construction, he stated that by the legal transfer of the real estate in Cotai, the construction would be able to start right away. Although there have been no specific details about the project itself, but little hints were given by Wynn Resorts, as it has been hinted that the project would contain nearly 450 tables for gambling and a hotel. The construction is expected to be finished and for the project to be opened by 2013.
Wynn Resorts, or as it is legally known in Macau, Wynn Macau is considered one of only 6 corporations that have the needed license to operate in Macau. Macau is considered the only place in China where gambling is legal. This is the reason that makes Macau the booming casino town it is.