Wynn's bidding in Singapore has no impact on investment in Macau
4/3/2005 15:46
A senior executive with the Wynn Resorts (Macau) expelled worries that the
parent company's involvement in Singapore's casino bidding would hinder its
investment plan in Macau.
Friday's Macau Daily quoted Grant Bowie, President
and General Manager of the Wynn Resort (Macau), as saying that the company
considered that Singapore's latest endeavor to introduce a casino would have no
impact on Macau's gaming industry.
He said that the Wynn Resort (Macau) has
started employment. The company will organize a big job fair by the end of the
year hoping to recruit some 4,000 people to meet the demand for the launch of
its business.
The US casino mogul Steve Wynn announced his plan for a 705
million-US-dollars worth Las Vegas-style resort in Macau last year.
Bowie
held that Macau has laid a solid foundation of the gaming industry. In the next
two or three years, there will be several casinos and entertainment groups
coming off stream.
Bowie disclosed that the company is still looking for
other investment projects in Macau. He considered that the parent company would
reinforce its confidence in expanding investment in the Asian region if it won
the bidding in Singapore.
Bowie has more than 20 years of industry
experience. He had previously managed Australia's Conrad Jupiters and Treasury
casinos.
Xinhua
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