The Macao government has given the green light to gaming giant Wynn to expand its Wynn Palace casino-hotel resort in Cotai.
The US$900 million expansion, The Enclave, includes a new all-suite hotel tower, a theatre and an entertainment centre.
In approving the project, the Macao government said the additions would help to diversify Macau’s tourism offerings.
Wynn is required to pay a one-off contract premium of US$81 million to the government for use of the land on which the new complex will be built.
Construction is expected to begin within a year. Upon completion, it will increase the total number of guest rooms at Wynn Macau by approximately 25%.