Wynn Resorts to Expand Planned Macau Resort

Wynn Resorts Ltd. plans to spend about $345 million more to expand its Wynn Macau resort currently under construction in Macau. The resort is scheduled to open in the third quarter of 2006. Wynn said the expansion will add 85,000 square feet of casino space, two additional restaurants, a theater and an entrance attraction. This is on top of the original plans consisting of a 600-room hotel, a casino, seven restaurants, retail space, a spa, a salon and entertainment facilities on 11 of 16 acres leased from the Macau government. The opening of the expansion is slated for the first half of 2007.