3. The Wynn Palace
Place: China
Completed Cost: $4 Billion*; Year Completed: 2016
With two hotel towers housing over seventeen hundred rooms, a casino, and thirteen restaurants, the Wynn Palace Resort is located in Macau. The $4 billion resort and casino were not completed by the planned opening date of more than two years due to construction delays.
Wynn Palace ©From Shutterstock by Ben_p
The construction was beset by numerous mishaps and delays, which caused the completion date to be later than anticipated. After all, such large-scale undertakings nearly never succeed without encountering difficulties along the way.
Leighton Holdings (now Cimic Group) lost $38 million as a result of the resort’s three-month launch delay since they were unable to get their deadline-based bonus. Leighton Holdings might have lost out on its bonus, but a lot of other people did not, as Wynn Resorts’ stock rose to a 52-week high after the Macau Wynn Palace opened.
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