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Wynn Officially Unveils “Wynn Signature – 2024 Hypercar Exhibition”

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Wynn Resorts has launched a new exhibit, Wynn Signature – 2024 Hypercar Exhibition, at Wynn Macau and Wynn Palace. Made with support from the Macao Government Tourism Office (MGTO), the exhibit will be live until 13 October 2024 and will feature 30 rare, ultra-luxury vehicles with a value of HK$1.5bn (US$190m), with brands including Bugatti, Lamborghini, Aston Martin and McLaren, among others.

The exhibit, which is free and open to the public, gives visitors an up-close and rare glimpse into the pinnacle of automotive excellence. Many of these stunning hypercars are on display in Macao for the first time at this unprecedented Wynn Signature collection, making the exhibit a true testament to the “Only at Wynn” experience. The goal of this exhibition is to give visitors an opportunity to experience Wynn’s exclusive signature lifestyle offerings while using the “Tourism+” model to highlight the unique diversity of Macao as a “World Center for Tourism and Leisure”.

Ms. Linda Chen, President, Vice Chairman and Executive Director of Wynn Macau Limited said: “As a ‘Wynn Signature’ lifestyle experience, the ‘Wynn Signature – 2024 Hypercar Exhibition’ presents an unprecedented level of technological craftsmanship, once-in-a-lifetime discoveries, and luxurious lifestyle experiences. ‘Wynn Signature’ is dedicated to strengthening and expanding Macao’s position as an international city. As one of the key members in the international hospitality industry, we are committed to showcasing Macao’s unique positioning to a global audience.”

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Mr. Cheng Wai Tong, Acting Director of the Macao Government Tourism Office (MGTO) said in his speech at the launch ceremony: “With MGTO striving to foster diversification of the ‘tourism +’ offerings, it is pleased to witness tourism operator’s continuing efforts to innovate. The development of tourism services and products targeting the needs of visitors of different profiles coming from diverse markets injects novel elements into Macao’s tourism experience, offering visitors a special and memorable travel experience. As a wide array of festive events approach in the second semester of this year’s double anniversary celebration, the tourism industry and related sectors are called to duly prepare to welcome visitors from around the world and showcase Macao’s wide array of tourism and cultural features, helping to solidify the city’s position as a world center of tourism and leisure.”

On display at the “Wynn Signature – 2024 Hypercar Exhibition” is an exclusive collection of 30 luxurious hypercars from 10 of the world’s leading automotive brands. Wynn Palace has set a major exhibition area for the collection, with even more luxury vehicles on display across multiple locations throughout Wynn Macau and Wynn Palace. This year’s exhibition showcases the fastest and rarest of hypercars, including the track-focused Pagani Huayra R, known for its uncompromising performance; Koenigsegg Jesko Attack, which has a “Magic Wing” to create enormous downforce; the classic Ferrari Enzo Hypercar with a roaring V12 engine; the limited-edition Aston Martin V12 Speedster launched in celebration of Aston Martin’s 100th anniversary; and the Lamborghini Veneno Roadster – the most expensive car in Lamborghini history with just 9 vehicles worldwide. Also on display at the Wynn Palace East Entrance is a remarkable replica of a Formula 1 racing car made entirely of chocolate and fondant. A team of award-winning pastry chefs from the US, who have worked for Hollywood films and Disneyland art production, spent 360 hours to meticulously handcraft the chocolate sports car which spans 2.5 meters and weighs 100 kilograms. The incredible attention to detail in the creation of the chocolate model resembles that of the masterful craftsmanship of the real hypercars on display. Visitors can take photos alongside the 1.5-meter-long chocolate racing car on display at the Lakeside Trattoria at Wynn Macau.

Throughout the “Wynn Signature – 2024 Hypercar Exhibition”, Wynn Macau and Wynn Palace are presenting a series of activities and exciting events to complement the exhibit including innovative racing-themed culinary surprises at signature restaurants, special promotional offers from designated retail stores at Wynn Palace, and a “Hyper Shop” pop-up store will be set up where racing enthusiasts may purchase a variety of limited-time only racing-themed products and immerse themselves in multi-sensory experiences. In celebration of the 18th anniversary of Wynn Macau and the 8th anniversary of Wynn Palace, visitors will not want to miss out on the “Wynn’s Anniversary Extravaganza: High-Speed Thrills Grand Lucky Draw”! For the grand lucky draw prize, Wynn is giving away a race track / paddock experience worth MOP388,888. From August 5 to October 13, visitors who spend MOP18,000 or more at The Shops at Wynn Macau and Wynn Palace will also have a weekly chance to receive shopping vouchers worth up to MOP30,000.

Also, from August 5 to August 31, luxury watchmaker Roger Dubuis will have “Reaction Training Light Experience” at its boutiques in The Shops at Wynn Palace and Wynn Macau, where guests can experience first-hand the daily practice routines of professional race car drivers and admire the brand’s iconic “Hyper Horology” watches inspired by motorsport. Girard-Perregaux, which has a boutique set within The Shops at Wynn Palace, and British automotive marque Aston Martin announced an extension to their hugely successful collaboration. Sports car and watch enthusiasts can visit Girard-Perregaux boutique to experience the beautifully crafted limited-edition watches together, celebrating the design, engineering, performance, and innovation of both brands.

Wynn’s exclusive lifestyle brand, “Wynn Signature” delivers a culmination of premium experiences including exceptional gastronomy, top-tier resort diversions, up-close encounters with leading luxury brands from around the world and exciting lifestyle events, for an unforgettable #OnlyAtWynn experience. Thus far, the brand has successfully launched the Wynn Signature Chinese Wine Awards to honor Chinese wines of the highest quality and promote Chinese wines on a global stage, and hosted a series of top-tier events including “Wynn Signature Luxury of Time”, gathering the world’s biggest names in luxury timepieces at one exclusive, curated collection in Macao.

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Philippine Senator Pushes for Inquiry into Banks’ Role in Pogo Funding

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Philippine Senator Sherwin Gatchalian has proposed Senate Resolution 1193 to investigate the failure of local banks to detect POGO-related suspicious transactions tied to criminal activities, following the case of former Bamban, Tarlac Mayor Alice Guo.

Gatchalian, in his resolution, highlighted bank transactions involving Guo’s companies, which amounted to hundreds of millions of pesos and allegedly funded the construction of a POGO hub in Bamban. The amount far exceeded the financial capacity reflected in the companies’ financial statements.

He pointed out a significant increase in cash flows, check disbursements, and transactions involving Guo’s accounts, peaking in 2020—an anomaly given that the COVID-19 pandemic had severely disrupted businesses and economies worldwide.

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Gatchalian noted that despite these large transactions, the banking system failed to flag them as suspicious. He raised concerns about the banks’ inability to report such dubious activities, questioning the effectiveness of their internal controls and procedures for identifying and reporting suspicious behaviour.

The senator emphasised that financial institutions are responsible for analysing financial data to detect transactions that may indicate money laundering.

These circumstances, according to Gatchalian, raise doubts about the adequacy of current Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regulations and guidelines for banks and financial institutions.

Gatchalian also pointed out that the Philippines remains on the Financial Action Task Force (FATF) grey list. The country must improve its AML/CTF efforts, including prosecuting money laundering and terrorism financing, addressing beneficial ownership information and strengthening cross-border declaration measures.

While President Ferdinand Marcos Jr. has instructed all government agencies to meet the necessary requirements to remove the country from the FATF grey list, Gatchalian stressed that private sector compliance is equally crucial to strengthening the country’s AML/CFT regime. This includes increased adherence to obligations, such as reporting covered and suspicious transactions.

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Malaysia’s PAS Vows to Shut Genting Casino if Party Wins in Pahang State

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An Islamic party said it was prepared to shut down Malaysia’s only casino if it wins control of the state where it is located, as the group looks to build its influence in the Southeast Asian nation.

A senior official from Parti Islam Se-Malaysia said if voters in central Pahang state – home to Genting Bhd.’s casino – wanted gambling to end, they should choose the Islamic party. The party is tapping into concerns by the country’s Muslim majority over gambling, which is forbidden in the Koran.

PAS has been growing its influence since the 2022 elections made it the biggest party in federal parliament. It already controls four of Malaysia’s 13 states and is looking to capture Pahang in the next national election that must be held by early 2028.

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“Gambling is harmful, so we have to close it. But it must be in accordance with the laws and constitution,” Andansura Rabu, PAS’ deputy commissioner for Pahang, said at the party’s annual gathering.

The federal government decides on casino and gaming permits in Malaysia and gaming is one of the most regulated sectors in the country.

Genting’s casino contributed as much as US$1.16 billion annually to government coffers before the pandemic, according to a report by UOB Kay Hian, a Singapore-based brokerage. When PAS emerged as the biggest party after the 2022 elections, Genting shares slid but recovered as Anwar formed a unity government made up of liberals, a Chinese-dominant party and regional groups.

Still, the growing influence of the Islamic party in national politics has pushed Anwar to turn more conservative to burnish his credentials with voters. Last year his government cancelled a concert after two members of a British band The 1975 shared a same-sex kiss on stage, and banned Swatch watches that showcase Pride colours.

At the annual gathering held last weekend in Pahang, PAS has ruled out working with Anwar’s coalition and pledged to champion Islamic issues. Banning alcohol and gambling in Malaysia would be key, the party has said.

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“Anything that can harm society, we must together support its destruction. This isn’t a matter of religion, it’s a social issue,” Andasura said.

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Chinese Football Bans 43 for Life Over Gambling and Match-Fixing Scandal

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Chinese football authorities have banned 43 individuals for life due to their involvement in gambling and match-fixing scandals. The list includes three former China international footballers and South Korean World Cup player Son Jun-ho.

China’s extensive football corruption crackdown campaign has been ongoing since 2022. The National Sports General Administration and the Ministry of Public Security have led efforts to address issues of match-fixing and gambling in the sport. They have investigated over 120 matches, involving 83 players, referees, coaches and club officials. To date, 44 individuals have been sentenced, with 34 receiving prison terms.

The recent announcement of these lifetime bans came shortly after the national team’s 7-0 loss to Japan.

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Son Jun-ho, who played for Shandong Taishan in the Chinese Super League and represented South Korea in the 2022 World Cup, has been accused of participating in match-fixing and accepting bribes. Son returned to South Korea in March 2024 after being detained in China since May 2023. The authorities initially stated that he was held “on suspicion of accepting bribes by non-state employees” but did not provide further details.

Other notable figures banned include Jin Jingdao, a former Shandong Taishan player, and Chinese international players Guo Tianyu and Gu Chao.

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