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Asia round-up: Wynn Macau No.1; Ho granted shares of $15m & Wakayama push for IR

SlotsUp has undertaken research into almost 80 casinos around the world, to see where the best casinos are located. 

Asia Round Up Macau 2 web image

Using 17 different factors, each casino has been scored on factors such as the price of entry, choice of games and amenities, ease of access in terms of travel plus reviews received from visitors. Safety is also a factor, looking at the specific location of the casino. 

Rated out of 170, a top 20 ranking has been created and the data reveals that the best casino in the world is the Wynn Macau in China, with an overall score of 142 out of 170. 

The Wynn Macau’s top line states that it is “sophisticatedly designed in luxurious grandeur – offering both the serenity and vibrancy you are searching for.” 

Closely following in second place is The Venetian in Las Vegas which scored 141 out of 170. Guests can enjoy 35 restaurants, play over 1,400 games, and visit the 116 shops, nine bars, pool, spa and gym. Plus, of course, guests can stay at the hotel containing 7,000 rooms. 

What dropped The Venetian into second place were the reviews and cleanliness scores. While The Wynn Macau has a five-star rating on TripAdvisor and 15% of all reviews mention cleanliness, The Venetian has a 4.5-star rating and only 4% of reviews mention cleanliness. 

The top 10 also saw Resorts World in Sentosa, Singapore, reach fifth place, scoring 136. Located off the southern coast of Singapore, Resorts World is an expert in knowing the gaming preference of the Asian market. 

Melco Resorts CEO Lawrence Ho granted $15.2m for new shares incentive 

Melco Resorts has granted restricted shares worth HK$118.4m ($15.2m) to its CEO Lawrence Ho under a revised share initiative plan. 

The revised plan includes a much lower exercise price, with Melco claiming the previous plan was no longer attractive for grantees, after sharp declines in the company’s stock price. 

The restricted shares granted to Ho will be vested in four tranches; 808,386 Melco Resorts shares have already been granted and will be followed by two share tranches of 2,000,40 Melco Resorts shares in both 2023 and 2024, before a final bout of 1,347,312 shares is vested in Ho on 6 April 2025. 

Melco notes it has determined the number of shares given to Ho with reference to his longstanding directorial duties at Melco Resorts Macau; where Melco International’s subsidiary group, Melco Resorts & Entertainment is primarily located.  

The purpose of the revised grants gifted to Ho is for motivating and incentivising future development at the company.  

“It would be a big problem if the assembly does not vote in favour of the prefecture submitting the IR plan to the central government... I am confident it would get approved by the central government once the prefecture sends it” Yoshinobu Nisaka, Wakayama Governor

Directors of Melco consider this shares incentive “fair and reasonable”, given the current “course of business for the Group.” 

Wakayama Governor urges prefectural assembly to back up IR vote  

Yoshinobu Nisaka, the Governor of Japan’s Wakayama prefecture, has urged the prefectural assembly to support the vote of the city council to develop a casino integrated resort in the region.  

Should the assembly vote in favour, this would allow Wakayama’s bid to proceed to the national Government. Time is running out, however, with the deadline for approval falling on 28 April 2022.  

Nisaka said: It would be a big problem if the assembly does not vote in favour of the prefecture submitting the IR plan to the Central Government. 

“I am confident it would get approved by the Central Government once the prefecture sends it.” 

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