Wynn injects money & possible casino body in Sri Lanka

But unexpected bidder After submitting a seventh, alternate bid to Macau's well-established competitors, Genting was unsuccessful in obtaining one of the new concession licenses.
As a result, the properties managed by Sands China, MGM China, Melco Resorts, and Wynn will all remain in their own.
The corporations would have been required to surrender the casino land back to chinese government for nothing at the end of the year if any of the present license holders in Macau had been unsuccessful in their bids for a ten-year extension period.
 
I feel pity for Genting after lost its bid in getting licence to operate in Macau. We were told that the properties managed by Wynn and its successful counterparts would remain their own now. But what will happen to the property of Genting?.
 
Back
Top