Monday, 14 February 2011

Fact of the Day: New Year Highs

The dragon winds through the garden at Wynn Las Vegas

After watching Le Reve in Las Vegas during Chinese New Year, we walked through the casino area towards the lobby and saw Steve Wynn walk right by us with a posse of people.

Some onlookers stood around trying to take pictures, but Wynn's entourage made sure that didn't happen as he had a somewhat private conversation with two people.

Anyway, Wynn must be very pleased with how the Year of the Rabbit is starting off for Wynn Macau because it raked in a record $46 million in gambling revenue over a 24-hour period during Chinese New Year.

This compares with Wynn Macau's average daily casino revenue in the fourth quarter at $9.3 million.


"In China we had a night that we'll all remember," Wynn said last Friday who credited his lucky streak on the tables for the mind-boggling windfall. "In my 40-odd-year history... these kinds of things tend to stick with you."

It's assumed that most of this money has come from the Chinese mainland where people are still spending what's left over from the 2009 stimulus package.

After all, there's only so many Louis Vuitton bags and Gucci shoes you can buy...

1 comment:

  1. those are the blood monies from the hard working people in china scooped up by the corrupted officials. the good lord will never allow that. sooner of later justice will prevail.