Wynn Resorts adds experienced exec Liu to board
Wynn Resorts has announced the appointment of experienced executive Paul Liu to its board of directors.
Serving as an independent director, Liu has experience in entertainment, hospitality and financial services across China and Asia Pacific.
Liu’s role during his career included 11 years as a partner at global leadership consultancy business Egon Zehnder.
Prior to this, Liu was chief operating officer at entertainment giant Anschutz Entertainment Group China. He also founded Shanghai-based luxury lifestyle destination Three On The Bund.
His other roles included being executive director at CIMIC Holdings, managing director of Bank of America (Asia) and assistant vice-president for Union Bank of Switzerland.
“Liu’s track record and perspective on creating guest experiences in the luxury and hospitality fields, as well as his unique understanding of business talent in the Asia Pacific market, will be a significant contribution to the company,” a Wynn Resorts spokesman said. “He will offer an important perspective to the Wynn board of directors.”
Wynn Resorts operates both the Wynn Macau and Wynn Palace Cotai locations within the Asia Pacific region.
Progress on Wynn Resorts' new UAE casino
Earlier this year, Wynn issued an updated on a new integrated casino resort in the United Arab Emirates (UAE).
Opening in 2027, the Wynn Al Marjan Island is Wynn’s first venture in the Middle East North Africa region. The initial design includes a gaming area, hotel, dining and lounge options, spa and a range of other entertainment facilities.
Wynn is developing the new resort alongside local partners Marjan and RAK Hospitality Holding.
In May, Wynn appointed Thomas Schoen as president of the new integrated resort. An experienced hospitality executive, Schoen will oversee all operational aspects of the new resort.
Tomorrow (9 August), the business will update the market on its second quarter and first half performance.
In particular, the markets are watching for its performance in Las Vegas, where the likes of Caesars Entertainment and MGM Resorts have reported declines or limited growth. Its Asian subsidiary, Wynn Macau, on the other hand, will likely show strong growth amid the region’s rebound.