Wynn Resorts delays Cotai Palace opening to June 2016

Wynn Resorts is adding three more months to the original opening date of its new Cotai resort.

The casino operator announced on Wednesday that it was informed by its general contractor, Leighton Holdings Limited, that “the Wynn Palace project in the Cotai area of Macau will not be ready to open by the projected early completion date of March 25, 2016.”

“The revised opening date for the project is currently June 25, 2016,” Wynn Resorts said in a statement.

Analysts have already said there is a possibility that the Cotai resort will be delayed, partly due to the government’s slow pace when it comes to issuing the permits and also because of a shortage of construction workers, according to a GGRAsia report.