Wynn Palace in Macau will open today at a cost of $4.2 billion and the 74 year old CEO of Wynn Resorts Steve Wynn believes the investment will be well worth it.
In an interview with the flamboyant casino mogul he believes that Macau which is 4 times larger in revenues that Las Vegas, although only two years ago was 6 times that is now seeing normalized growth and revenues.
The new resort was given 100 gaming tables to start and another 50 later, two years ago that number would have been doubled but the government now want resorts to focus also on tourism and leisure as opposed to gaming.
Wynn said he was satisfied with that number.
However the new casino will have 350 when it opens as 250 tables have been brought over his other Wynn Macau Casino, which is permitted in Macau.
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