The recently-appointed boss for American casino operator Wynn Resorts Limited has reportedly declared that his firm intends to continue with plans to bring a pair of new developments to Las Vegas and finish the under-construction Wynn Boston Harbor Resort in time for a June of 2019 opening.
According to a Monday report from the Las Vegas Review-Journal newspaper, Matt Maddox (pictured) was named as Chief Executive Officer for Las Vegas-based Wynn Resorts Limited on February 6 following the resignation of predecessor Steve Wynn amid multiple allegations of sexual misconduct. The new boss has since been conducting a series of town hall-style gatherings in order to reassure employees and announce the company’s future plans.
The newspaper reported that Maddox has subsequently used these meetings to unveil a fresh six-week parental leave policy as well as welcomed changes to the firm’s strategy of paying workers to take part in sponsored community enrichment programs. The 42-year-old executive also purportedly revealed that Wynn Resorts Limited intends to continue being a leader on issues of gender equality in the workplace and is prepared to cooperate with investigations into its former boss being conducted by regulators in Massachusetts, Nevada and Macau.
In addition, the Las Vegas Review-Journal reported that Maddox used an exclusive interview to proclaim that Wynn Resorts Limited is persevering with a plan to build its 400,000 sq ft Paradise Park convention complex complete with a lagoon on the Las Vegas Strip and has even begun penciling in bookings for as early as late-2020.
Alongside this, Maddox reportedly told the newspaper that his firm is continuing with its Wynn West hotel tower project, which is to sit on a 38-acre parcel of land that was due to be the home of the envisioned Alon Las Vegas integrated casino resort from Crown Resorts Limited. Wynn Resorts Limited purchased the Las Vegas Boulevard plot for $336 million in December with the company’s new boss purportedly detailing that the design for the scheme ‘is still in the top of the first inning’ and, as such,?is trailing behind its Paradise Park counterpart.
Regarding his firm’s Wynn Boston Harbor Resort project, Maddox reportedly told the Las Vegas Review-Journal that Wynn Resorts Limited has already spent $1.3 billion of an expected $2.4 billion price-tag in hopes of creating ‘the nicest integrated resort in the Northeast’.
“It’ll have 671 rooms, 13 food and beverage outlets, the largest ballroom in the Boston metroplex area and it’s opening in June of 2019,” Maddox reportedly told the newspaper.
Finally, Maddox reportedly told the Las Vegas Review-Journal that Wynn Resorts Limited is hoping to build additional hotel schemes on two parcels of land it owns near its Wynn Palace Cotai property.
“We’re in full design mode there to present to the government a plan for additional hotel rooms, suites and some really exciting new entertainment, food and beverage concepts,” Maddox reportedly told the newspaper.