It is indicative of Macau’s good fortunes in 2025 that Wynn Macau Ltd has resumed its long-stalled efforts to develop an events center as part of its expansion of Wynn Palace.
Such plans were put on hold during the pandemic years, and there had been little movement since until the company revealed during its 2Q25 earnings call that the events center formed part of its plans to spend US$750 million on a series of upgrade and expansion projects at its Macau resorts between now and end-2026. The events center is tentatively slated to open in 2028 and could see Wynn join the party currently being enjoyed by the likes of Galaxy and Sands, who have driven significant footfall to their properties on the back of their large-scale arenas.
Like all Macau operators, Wynn has tasted the fruits of the city’s recent resurgence although perhaps to a slightly lesser extent given low hold in recent quarters and the barriers that come with its smaller scale.
Behind much of the company’s progress is Frederic Luvisutto, the former Australian and Las Vegas casino executive appointed COO of Wynn Macau Limited in June 2022 following the departures of Ian Michael Coughlan and Ciarán Carruthers.
Luvisutto is Wynn through and through these days, having previously been COO of Wynn Palace for eight years, tasked with overseeing all operations, including gaming. His extensive career has also seen him serve as Managing Director of The Star Sydney and Jupiters Resort and Casino – now The Star Gold Coast – and hold senior positions at MGM Grand and at Monte Carlo Resort and Casino in Las Vegas.
