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Steve Wynn

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  • Beijing's glare deepens crisis in Macau Wednesday, 18 Feb 2015 | 4:00 PM ET

    *VIPs avoid Macau during Beijing corruption crackdown. *60-70 percent of Macau casino revenues from high rollers. MACAU/ ZHUHAI, China, Feb 19- China's crackdown on corruption and conspicuous consumption is ever more visible in its impact on Macau, the world's biggest gambling hub, which makes most of its money from the high rollers who are staying away to avoid...

  • In Macau, casino titans join China reform wagon Sunday, 8 Feb 2015 | 4:00 PM ET

    HONG KONG, Feb 9- Leading China's anti-corruption campaign, President Xi Jinping warned Macau last December that the world's biggest gambling hub needs to be about more than baccarat. "When you hear the central government and the Macau government urged operators to diversify the attractions of their facilities... they are preaching to the choir.

  • Jan 20- Casino operator Wynn Resorts Ltd has slashed Chief Executive Steve Wynn's salary to $2.5 million per year from $4 million, a regulatory filing showed. Wynn, 72, is worth $3.5 billion, according to Forbes magazine. He will also now have to pay to use the company jet for personal purposes, though the filing outlined a $250,000 credit per year that he will...

  • HONG KONG, Dec 18- As Chinese President Xi Jinping arrives in Macau this weekend for his first official visit in five years, the message from Beijing is clear: the world's biggest gambling centre cannot remain a one-industry town. China extended a crackdown on illicit money transfers into Macau, giving its Economic Crimes Investigation Bureau access to...

  • Xi's visit to Macau deals cold deck to VIP gamblers Wednesday, 17 Dec 2014 | 4:00 PM ET

    HONG KONG, Dec 18- As Chinese President Xi Jinping arrives in Macau this weekend for his first official visit in five years, the message from Beijing is clear: the world's biggest gambling centre cannot remain a one-industry town. China extended a crackdown on illicit money transfers into Macau, giving its Economic Crimes Investigation Bureau access to...

  • Dec 17- A U.S. judge has dismissed Steve Wynn's lawsuit accusing prominent short-seller Jim Chanos of slander over an alleged statement that the casino mogul violated a U.S. anti-bribery law. District Judge William Orrick in San Francisco ruled on Tuesday that Chanos was giving an opinion protected under the U.S. Chanos, founder of New York- based hedge fund...

  • Nov 10- Continental Resources Chief Executive Officer Harold Hamm has been ordered to pay nearly $1 billion to his ex-wife in one of the largest-ever U.S. divorce judgments, according to a court filing on Monday. Although the award could make Sue Ann Hamm, 58, one of the 100 wealthiest women in the United States, according to Forbes' rankings, it is far smaller than...

  • Nov 10- An Oklahoma County judge has ordered and Continental Resources Chief Executive Officer Harold Hamm to pay nearly $1 billion in a divorce judgment, according to a court filing made public on Monday. In one of the highest value divorce judgments in U.S. history, Special Judge Howard Haralson found that oil magnate Hamm should pay his ex-wife Sue Ann Hamm a...

  • HONG KONG, Nov 4- October was the worst month on record for casino revenues in the world's biggest gambling hub Macau as China's pervasive war on corruption, combined with fewer tourists and slowing economic growth, dampen the appetite to wager. October was also the fifth consecutive month of declines after two years of rapid growth which saw Macau surpass Las...

  • Vegas bets on Massachusetts  Monday, 3 Nov 2014 | 10:00 AM ET

    Voters in Massachusetts decide Tuesday whether to repeal a law allowing casinos there, after companies like Wynn and MGM have already invested millions. Jane Wells takes a look at potential winners and losers.

  • HONG KONG, Nov 3- October is set to be the worst month on record for casino revenues in the world's biggest gambling hub Macau as China's pervasive war on corruption, combined with fewer tourists and slowing economic growth, dampen the appetite to wager. October would also be the fifth consecutive month of declines after two years of rapid growth which saw Macau...

  • HONG KONG, Nov 3- October is set to be the worst month on record for casino revenues in the world's biggest gambling hub Macau as China's pervasive war on corruption, combined with fewer tourists and slowing economic growth, dampen the appetite to wager. October would also be the fifth consecutive month of declines after two years of rapid growth which saw Macau...

  • Wynn Resorts Chairman and CEO Steve Wynn tells Jane Wells an in exclusive interview that as much of the Vegas strip which had been abandoned is finally being developed, Carl Icahn's Fountainbleau remains empty.

  • Wynn expects Ebola vaccine in 'short order'  Friday, 3 Oct 2014 | 12:00 PM ET

    Wynn Resorts Chairman and CEO Steve Wynn tells Jane Wells in an exclusive interview that he believes the Ebola problem will not be as contagious as past flus have been.

  • Wynn doesn't believe in Internet gaming  Friday, 3 Oct 2014 | 12:00 PM ET

    Wynn Resorts Chairman and CEO Steve Wynn tells Jane Wells in an exclusive interview that he doesn't believe online gambling will be legalized nationally, and he explains why.

  • Wynn Resorts Chairman and CEO Steve Wynn tells Jane Wells in an exclusive interview that he would not consider moving his headquarters overseas, even though "The administration wants to punish everybody."

  • Wynn stunned at immaturity of Obama administration  Wednesday, 1 Oct 2014 | 1:54 PM ET

    Wynn Resorts chairman and CEO Steve Wynn, does not agree on the punishment of American companies choosing to move overseas.

  • Steve Wynn 'more scared about the US than China'  Wednesday, 1 Oct 2014 | 1:00 PM ET

    Wynn Resorts Chairman and CEO Steve Wynn tells Jane Wells in an exclusive interview that he believes the unrest in Hong Kong will "work itself out" and that the Chinese trust their government.

  • Steve Wynn: I'm 'more scared' about US than China Wednesday, 1 Oct 2014 | 12:50 PM ET
    Steve Wynn

    Casino tycoon Steve Wynn says government crackdowns in Macau and protests in Hong Kong don't worry him so much.

  • Icahn's Fountainebleau remains empty  Wednesday, 1 Oct 2014 | 12:20 PM ET

    CNBC's Jane Wells asked Wynn Resorts Chairman and CEO Steve Wynn, what will happen with the unfinished Fontainebleau casino resort on the Las Vegas Strip.