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Steve Wynn Profile, Biography, About

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  • "Companies are really digging in on identifying what areas it makes sense to focus their benefits programs," said Robert Newbury, director at pay consulting firm Towers Watson.

  • HONG KONG, April 1- Macau, the world's casino capital, raked in $4.4 billion in gambling revenues in March, boosted by robust demand from Chinese visitors keen to bet in the country's only legal casino hub. Growth in Macau, a special administrative region like neighbouring Hong Kong, was up 13 percent in March, at the top end of analyst estimates of 10-13 percent.

  • Stanley Ho's SJM makes fresh start with new Macau casino Thursday, 13 Feb 2014 | 11:25 PM ET

    MACAU, Feb 14- Macau gambling kingpin Stanley Ho helped put the former Portuguese colony on the map 40 years ago with the fluorescent, onion-shaped Casino Lisboa. Now, the pioneer of old Macau is creating a new landmark- a $3.9 billion resort that will be one of the final projects to open on China's booming Las Vegas-style Cotai strip.

  • HONG KONG, Feb 5- Gaming revenues in Macau, the world's casino capital, grew at the slowest pace in 15 months in January, raking in a lower-than-expected 28.7 billion patacas, due to tempered spending by Chinese visitors ahead of a national holiday.

  • OTARU/SASEBO, Japan, Nov 28- Ageing and shrinking, Japan's country towns want to gamble away their economic and demographic woes. Japan is one of the world's last untapped gaming markets and, with a wealthy population and proximity to China, could generate $15 billion annually from casinos, industry experts say.

  • OTARU/SASEBO, Japan, Nov 28- Ageing and shrinking, Japan's country towns want to gamble away their economic and demographic woes. Japan is one of the world's last untapped gaming markets and, with a wealthy population and proximity to China, could generate $15 billion annually from casinos, industry experts say.

  • TOKYO, Nov 1- A civil lawsuit between Wynn Resorts Ltd and Japanese billionaire Kazuo Okada has been put on hold for another six months to allow U.S. prosecutors to continue investigating Okada and his companies for possible bribery in the Philippines.

  • LOS ANGELES, Oct 31- MGM Resorts International posted a narrower third-quarter loss on Thursday and was optimistic about a planned new casino in Massachusetts, although lower-than-expected margins at its Chinese and Las Vegas operations disappointed some analysts.

  • Oct 24- Wynn Resorts Ltd Chairman Steve Wynn said Caesars Entertainment Corp's withdrawal from a $1 billion casino venture in Massachusetts was surprising and would be discussed at his upcoming board meeting. Wynn is currently bidding for a Massachusetts license for a casino that would be located in the Boston suburb of Everett.

  • Macau casinos boost Wynn Resorts revenue Thursday, 24 Oct 2013 | 4:32 PM ET

    Oct 24- Wynn Resorts Ltd reported a 7 percent rise in quarterly revenue as gamblers flocked to its casinos in Macau. Revenue at Wynn's Macau casinos rose about 10 percent to $997.6 million in the third quarter, accounting for more than 70 percent of the company's total revenue.

  • TOKYO, Oct 22- A Tokyo court has dismissed a defamation lawsuit filed by Japanese billionaire Kazuo Okada against U.S. casino operator Wynn Resorts and some of its top executives, saying the case should not be handled by a Japanese tribunal.

  • Who’ll Pay Special Dividends? Pros Place Bets Tuesday, 27 Nov 2012 | 1:49 PM ET

    A few companies appear likely to dole out payments before year end, the CNBC “Fast Money” pros said Tuesday.

  • Swiss offer military bunkers as art storage answer Sunday, 28 Oct 2012 | 1:14 PM ET

    ZURICH/ LONDON, Oct 28- A metal door set into a mountain in Switzerland offers a way out for fine art investors forced to pay over the odds to insure their collections.

  • Macau's SJM Holdings gets land deal for new casino Saturday, 20 Oct 2012 | 2:07 AM ET

    HONG KONG-- Casino operator SJM Holdings says it has signed a deal to buy land for a new casino in Macau, the world's biggest gambling market, giving it a chance to catch up with its rivals' rapid expansion. The company operates 20 casinos already in Macau but most are small.

  • Billionaire drops proxy fight against Wynn Resorts Friday, 19 Oct 2012 | 5:45 PM ET

    LAS VEGAS-- A Japanese billionaire has dropped his campaign to win seats for his allies on the board of Wynn Resorts Ltd., ending a chapter in a feud with casino mogul CEO Steve Wynn. It was a legal setback for Okada, a former Wynn friend and business partner, who once was Wynn Resorts' single largest shareholder.

  • MGM China gets land for new $2.5B Macau casino Thursday, 18 Oct 2012 | 11:05 AM ET

    HONG KONG-- The Chinese arm of U.S. casino company MGM Resorts International signed a land deal Thursday for a new $2.5 billion casino resort in Macau, the world's biggest gambling market, hoping to catch up with the rapid expansion of rival casino operators.

  • MGM China signs deal for new Macau casino Thursday, 18 Oct 2012 | 6:38 AM ET

    MGM China Holdings Ltd. said it formally accepted a land concession contract from the Macau government for a 7.2 hectare plot in the Cotai district, an area of reclaimed land that's earmarked for all new casinos in the Asian gambling haven. MGM China said it is paying $161.4 million for the land, including a $56.2 million down payment.

  • Trump: More Pressure on Obama Than Romney     Tuesday, 16 Oct 2012 | 7:45 AM ET

    Donald Trump, Chairman & President of the Trump Organization, weighs in on tonight's presidential debate; JNJ's earnings; and Apple's stock price.

  • Wynn: What it Takes to Build a Business     Friday, 12 Oct 2012 | 7:30 AM ET

    Steve Wynn, chairman & CEO at Wynn Resorts, says it take a lot of courage and uncertainty to build a business now. Ron Baron, Baron Capital chairman and CEO, weighs in.

  • HONG KONG, Oct 4- Gambling revenue in Macau rose a weaker-than-expected 12.3 percent in September, indicating China's slowing economy is increasingly hurting the appetite of wealthy mainland gamblers to place bets in the world's largest casino market.

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