News INTERNATIONAL UPDATE Wynn breaks ground in Cotai
Wynn Resorts starts work on its US$4bn Macau project located on the burgeoning Cotai Strip
Construction work is now underway at Wynn Resorts’ next US$4bn Macau resort on the Cotai Strip with predictions the property, boasting lakes and gondolas, will open in 2016. The resort operator confirmed that it will be built on reclaimed land that was once water between two islands.
Chairman Steve Wynn said: “We’re the first (train) stop on Cotai between the ferry terminal and the airport. “The stop is right at the middle of the lake we’re building that’s roughly the size of Bellagio. At the bottom of the escalator from that light-rail system, we have put a gondola car that has music and is air conditioned. People will get into the gondolas and they go around the fountains into the hotel, looking at the fountains and down at our pool area while music plays and fountains dance. We are meeting in many, many new ways the challenge of our neighbours and hoping to get the folks in the other hotels to experience our own. And all of this is such great fun.”
Samoa award two
casino licences Casino gaming is heading to the Independent State of Samoa with the Gambling Control Authority awarding its first two gaming licences. The casinos will be launched on Upolu, a tiny island in the western part of the Samoan Islands in the South Pacific Ocean. The authority has granted full licences to Aggie Greys Beach Resort and Exhibition Tourism Group from China. With the option of just adding a casino to its existing facilities, Aggie Greys said it will launch its gaming operation within six months while the Chinese group expects to welcome guests onto its gaming floor in the next two to three years.
The casino at Aggie Grey’s Beach Resort, located close to Faleolo airport, will host 12 gaming tables and 85 slots whilst ETC is planning to build a 500-room hotel resort. Fanene Samau Etuale, Chairman of the Gambling Control Authority, revealed that seven companies submitted bids for a license.
March 2013 PAGE 22 STEVE WYNN,
Chairman, Wynn Resorts.
Wynn is looking to the new property to boost profit growth in Macau. It experienced declines in Macau in its fourth-quarter revenue, with increased profits from the company’s Las Vegas properties not enough to save revenue overall. GGR in Macau was down by 9.7 per cent whilst in Las Vegas revenues increased by 12.1 per cent. Across its US and Asian properties, Wynn recorded revenue of US$ 1.29bn, compared to $
1.for the quarter last year. For the year as a whole, Wynn reported GGR of $5.15bn compared to $5.27bn.
Italian homologation job underway for Inspired
Inspired Gaming Group has begun the virtual sports homologation process in Italy as announced by AAMS in February. Inspired has already signed virtual sports license deals with six major Italian operators: SNAI, Sisal, Eurobet, Intralot, Cogetech, and Lottomatica representing circa 90 per cent of the Italy betting market. Further online and retail licenses will be announced soon.
Steve Rogers, Managing Director of Inspired’s Virtual Sports division, said: “We welcome this announcement from AAMS as we have been preparing for this day for the past 3 years. We have worked extensively on every aspect of our platform to ensure compliance with the AAMS technical standards and we are assured by all parties that our platform is truly the best in class. Our years of experience have shown our virtual sports provide
incremental revenues for sports betting operators across all channels. We supply our virtual sports to many of the world’s most successful gaming companies and we’re delighted to now commence deployment of our products to the Italian betting market.”
Inspired, besides providing the most successful Virtual Sport product available on the market, is already one of three leading suppliers to the relatively new VLT market in Italy, with contracts for over 10,000 terminals with leading concessionaires. The contracts with circa 90 per cent of Italian operators will see Inspired’s virtual sports become a key product for leading operators in Italy.
Generating in excess of €5bn of revenue and €700m gross win every year, Inspired provides its virtual sports products to over 20,000 venues worldwide.
WILLIAM HILL HAS SIGNED A DEAL with OpenBet that will give them an enterprise licence and full dedicated support for ‘Promote,’ OpenBet’s next generation of betting content display software. The worldwide licence is multi- year and will enable William Hill to offer high quality, dynamic betting promotions on screen that can be tailored specifically to each shop across the retail estate to appeal to the variation of customer types and their preferred betting events throughout the sporting calendar.
OpenBet Promote is designed to deliver a vibrant, cinematic live picture experience with high definition content through unlimited video inputs and across the widest range of sports available. With total screen content flexibility, Promote will also give William Hill the competitive edge of being able to tailor their content, marketing and promotional activity to each specific shop. OpenBet Promote is a PC-based software product that is entirely compatible with most hardware presently in UK betting shops. The system supports up to 255 separate displays and can be flexibly mapped across up to 40 physical high definition screens without restriction on screen location, layout or style.
ROB JACKSON, Vice President Sales, MARICELA MACIEL Marketing Manager.
GAMING PARTNERS INTERNATIONAL was expanding its B&G currency line with the J2 jeton, a ground-breaking product that combines the aesthetic and security features of European-style jetons with the easy handling of American-style chips.
Marketing manager Maricela Maciel explained: “The J2 is easier to identify when stacked or racked due to its colour edge spots. We offer different designs in terms of decal and printing styles not previously available for jetons, including holograms and diffraction foils. We’re also launching a brand new design for our standard chip.”
GPI was also adding to its range of RFID products with its poker solution automating chip counting and pot calculation processes. “This speeds up the game meaning more hands per hour,” Mrs Maciel said. A third product in the Paulson line of cards was also released at the show with plastic cards now joining the Paulson collection and now offer Paulson Plastic playing cards. Mrs. Maciel said: “The main benefit here is that they are able to withstand long repeated play. They still have the classic snap and feel of paper cards, but are tear, smudge and scuff resistant.”
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