Wynn Resorts has unveiled plans for a US$2 billion expansion of its properties in Macau including new hotel towers, an art museum, and more, Bloomberg reported.
To rise adjacent to the Wynn Palace on the Cotai peninsula, the Crystal Pavilion complex will include two hotel towers, interactive sculptures, gardens and a performance space in a glass and steel structure designed by architect Robert Stern.
Construction on the new complex will begin in 2021, with an opening scheduled for 2024.
Wynn is also planning a US$125 million renovation of its original resort in Macau.
According to the Bloomberg article, Wynn’s casino licence is due in 2022.
Casino operators in Macau are reportedly under pressure from the Chinese government to invest in non-gambling attractions.
Meanwhile, Wynn is also competing for a license in Japan, which recently legalised casino gambling.
The company unveiled an illustration of an urban waterfront resort in Japan on Wednesday as part of presentation to investors at its new Encore Boston Harbor resort.