Macau Business Daily – Wynn Palace – the new US$4 billion (31.95 billion patacas) Cotai resort being developed by entrepreneur Steve Wynn – will definitely be ready by Chinese New Year 2016 says the company. But even as reportedly the last of the concrete is being poured into the foundations, Mr Wynn has already set his mind to developing phase two of his approximately 51-acre (20.6 hectare) Cotai site. Phase two will be known as Wynn Diamond. He spoke about it on the latest earnings call for the parent company Wynn Resorts Ltd, covering the three months to September 30….

Las Vegas mogul Steve Wynn’s Wynn Macau casino is suing a Chinese tycoon for HK$14 million ($1.81 million) in gambling debts, the latest case of a casino in the world’s biggest gaming hub using the courts to go after its money. According to a writ filed in Hong Kong’s High Court this week, the casino is seeking to get the money from tycoon Li Jun who owns Beijing-based autos to property company Abest Group. Macau, on China’s southern coastline, is the only place in the country where people are allowed to gamble in casinos. But recovering gambling debts on the…