{"id":27092,"date":"2022-02-09T06:58:43","date_gmt":"2022-02-09T09:58:43","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=27092"},"modified":"2026-04-23T11:30:11","modified_gmt":"2026-04-23T14:30:11","slug":"wynn-macau-cny-saw-the-best-gaming-performance-since-the-pandemic-began","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/wynn-macau-cny-saw-the-best-gaming-performance-since-the-pandemic-began","title":{"rendered":"Wynn Macau: CNY saw the best gaming performance since the pandemic began"},"content":{"rendered":"\n<p>Linda Chen, vice-chairman and chief operating officer of Wynn Macau Ltd has hailed gaming performance during the Chinese New Year holidays.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The Chinese New Year period has come to an end and operators are generally happy with the results following <a rel=\"noreferrer noopener\" href=\"http:\/\/The Chinese New Year period has come to an end with great results as it was previously announced with a rise in GGR and the number of visitors.\" target=\"_blank\">a rise in gross gaming revenue<\/a>\u00a0and visitor numbers. <strong>Linda Chen<\/strong>, vice-chairman and chief operating officer of Wynn Macau Ltd told local media the period saw &#8220;one of the best results&#8221; since the Covid-19 pandemic began more than two years ago.<\/p>\n\n\n\n<p><strong>Sanford C. Bernstein Ltd<\/strong>&nbsp;has reported that Macau\u2019s gross gaming revenue for the Chinese New Year period was up 60 per cent when compared to&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-fewer-visitors-than-expected-for-cny\" rel=\"noreferrer noopener\">2021<\/a>. Meanwhile, authorities have revealed that average daily tourist arrivals were up 25.4 per cent year-on-year to 16,242 visitors.&nbsp;<\/p>\n\n\n\n<p>Macau welcomed<strong>&nbsp;113,699 visitors&nbsp;<\/strong>during the Chinese New Year period, up 25.4 per cent year-on-year.<\/p>\n\n\n\n<p>Chen said: &#8220;More and more activities held in Macau and festivals will help facilitate the healthy development of the Macau industry.&#8221;<\/p>\n\n\n\n<p>The Wynn Macau vice-chairman also briefly touched on the\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-law-amendment-bill-first-reading-approved\" target=\"_blank\">gaming law amendment bill<\/a>\u00a0which passed the first reading of the Legislative Council in late January and is currently under consideration and discussion by a subcommittee of the Legislative Council. She said Wynn Macau is &#8220;very confident&#8221; in the upcoming public tender process.<\/p>\n\n\n\n<p>The licences of the city&#8217;s six gaming operators are due to expire in June this yea. The government has said existing licences will be extended &#8220;short-term&#8221; if amendments to the gaming law and a new round of public tenders are not completed on time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Linda Chen, vice-chairman and chief operating officer of Wynn Macau Ltd has hailed gaming performance during the Chinese New Year holidays.<\/p>\n","protected":false},"author":176,"featured_media":25750,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Wynn Macau Ltd's COO, Linda Chen, reported robust gaming performance during the Chinese New Year, with Macau's GGR increasing by 60% compared to 2021 and visitor numbers showing significant year-on-year growth. The article also highlights Wynn Macau's confidence in the impending public tender process for gaming concessions, as the gaming law amendment bill progresses through the Legislative Council.","focusai_entities":"Linda Chen, Wynn Macau Ltd, Sanford C. Bernstein Ltd, Legislative Council","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Tender Process Impact","query":"What specific changes in the gaming law amendment bill are anticipated to impact the criteria or structure of the upcoming public tender process for Macau's gaming concessions?"},{"label":"GGR Sustainability","query":"Beyond the Chinese New Year period, what are the projections for Macau's GGR trajectory for the remainder of the fiscal year, considering the evolving regulatory landscape and potential for further visitor recovery?"}],"footnotes":""},"categories":[157,16338,158],"tags":[20777],"class_list":["post-27092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-wynn-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=27092"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27092\/revisions"}],"predecessor-version":[{"id":27096,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27092\/revisions\/27096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25750"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=27092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=27092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=27092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}