Wynn Resorts Announces Revised Wynn Palace Opening Date
November 18 2015 - 12:49PM
Business Wire
Wynn Resorts, Limited (NASDAQ: WYNN) announced it was notified
today by its general contractor, Leighton Holdings Limited, that
the Wynn Palace project in the Cotai area of Macau will not be
ready to open by the projected early completion date of March 25,
2016. The revised opening date for the project is currently June
25, 2016.
Forward-looking Statements
This release contains forward-looking statements regarding
operating trends and future results of operations. Such
forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results to differ materially
from those we express in these forward-looking statements,
including, but not limited to, our dependence on existing
management, results of regulatory or enforcement actions and
probity investigations, pending or future legal proceedings,
uncertainties over the development and success of new gaming and
resort properties, adverse tourism trends, general global
macroeconomic conditions, changes in gaming laws or regulations,
volatility and weakness in world-wide credit and financial markets,
and our substantial indebtedness and leverage. Additional
information concerning potential factors that could affect the
Company’s financial results is included in the Company’s Annual
Report on Form 10-K for the year ended December 31, 2014 and the
Company’s other periodic reports filed with the Securities and
Exchange Commission. The Company is under no obligation to (and
expressly disclaims any such obligation to) update or revise its
forward-looking statements as a result of new information, future
events or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20151118006401/en/
Wynn Resorts, LimitedMark Strawn, 702-770-7555Vice President,
Investor Relationsinvestorrelations@wynnresorts.comorMichael
Weaver, 702-770-7501Senior Vice President, Marketing
Wynn Resorts (NASDAQ:WYNN)
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