Wynn palace confirms August 22 opening date

Macau casino operator Wynn Resorts has announced the opening date of Wynn Palace will be August 22, 2016 as expected.

In a press release on Monday, the operator said “The Company expects that the opening of Wynn Palace will help launch a new era of prosperity for Macau, attracting more international tourists to the city and further supporting its development as a world center of tourism and leisure.”

Last week, analysts said that Wynn Palace is expected to price itself at the higher end of the scale with limited discounting.

It is also expected the casino may give out a number of free rooms initially to premium mass customers to ramp up the business, which will result in a lower margin.