Wynn Macau to Indefinitely Close VIP Rooms December 20
Suncity VIP Rooms at Wynn Macau and Wynn Palace suspended operations Wednesday
An unnamed exec said the closure will see around a third of Wynn’s Macau staff axed
The news follows the arrest of Suncity CEO Chau for illegal gambling, money laundering
Ex-government advisor Lobo believes Chau’s arrest is a death knell for Macau’s junket system
Craig Billings will take over command of Wynn Macau from Matt Maddox on January 31
Aftermath of Chau’s arrest
Unnamed sources within the Macau gaming industry have alleged that Wynn Macau will shutter all its VIP gambling rooms on December 20, according to Allin Media. The report, which emerged Monday, has linked the planned closures to the arrest of Alvin Chau Cheok-wa, the billionaire CEO of Macua’s biggest junket operator Suncity Group.
around a third of Wynn’s Macau staff will lose their jobs
According to Reuters, Wynn said in a statement that Suncity VIP rooms at both Wynn Macau and Wynn Palace suspended operations last week following news of the investigation. The media company also quoted an unnamed senior casino executive who confirmed that around a third of Wynn’s Macau staff will lose their jobs as a result of the VIP room closures.
According to local media reports, Wynn Macau did not respond to questions regarding rumors of its plans for long-term closures. A senior executive of the company, Linda Chen, remained tight-lipped on the situation when questioned at an event on Monday.