{"id":62,"date":"2024-06-12T13:51:34","date_gmt":"2024-06-12T10:51:34","guid":{"rendered":"https:\/\/winportnodepositbonus.icu\/2024\/06\/12\/wynn-resorts-threatens-cimic-with-hefty-fines-over-wynn-palace-delays-in-macau\/"},"modified":"2024-06-13T12:08:58","modified_gmt":"2024-06-13T09:08:58","slug":"wynn-resorts-threatens-cimic-with-hefty-fines-over-wynn-palace-delays-in-macau","status":"publish","type":"post","link":"https:\/\/winportnodepositbonus.icu\/2024\/06\/12\/wynn-resorts-threatens-cimic-with-hefty-fines-over-wynn-palace-delays-in-macau\/","title":{"rendered":"Wynn Resorts Threatens CIMIC with Hefty Fines Over Wynn Palace Delays in Macau"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/kZbjAFFjKbo\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Wynn Resorts, the celebrated gaming enterprise headquartered in Macau, has issued a firm caution to CIMIC Group, the construction firm tasked with building its second Macau casino, Wynn Palace. The corporation could incur financial repercussions of roughly US$200 million should the endeavor continue to encounter postponements.<\/p>\n<p>Wynn Macau has notified CIMIC that they may be subject to daily charges of up to US$2 million if they fall short of achieving the project&#8217;s third key stage. This admonition emphasizes the critical need and significance of adhering to the established schedule.<\/p>\n<p>In a communication endorsed by originator Steve Wynn, the casino operator voiced anxieties regarding CIMIC&#8217;s capacity to finalize the project punctually, remarking, &#8220;We harbor concerns that at your present pace of advancement, you will be unable to attain the third interim benchmark.&#8221;<\/p>\n<p>Originally slated for culmination on March 26, 2016, the US$4.1 billion casino development venture experienced a hurdle when CIMIC apprised Wynn Macau last November that the completion date would be deferred by three months to June 25.<\/p>\n<p>Wynn Palace stands among numerous new casino resorts poised to debut in Macau this year. The eagerly awaited resort will boast 1,700 hotel accommodations, an expansive gaming floor, a scenic lake adorned with gondolas, mesmerizing water features, and abundant conference facilities.<\/p>\n<p>The agreement for Wynn Palace was initially granted to Grupo ACS, the preceding Australian executive team of CIMIC. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wynn Resorts, the celebrated gaming enterprise headquartered in Macau, has issued a firm caution to&#8230;<\/p>\n","protected":false},"author":64,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Wynn Resorts Threatens CIMIC with $2 Million Daily Fines Over Wynn Palace Delays<\/title>\n<meta name=\"description\" content=\"Wynn Resorts could slap CIMIC Group with hefty fines if the construction of Wynn Palace in Macau faces further delays. 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