Steve Wynn


  • Wynn, 72, and his company Wynn Resorts Ltd filed suit against Chanos, founder of New York- based hedge fund Kynikos Associates LP, in federal court in San Francisco.

  • Sept 26- Casino mogul Steve Wynn has filed a lawsuit accusing prominent short-seller Jim Chanos of slander. In a complaint filed on Thursday, Wynn said Chanos had told several people at an "invitation-only" event in Berkeley, California, on or about April 25 that Wynn and his company, Wynn Resorts Ltd, had violated the federal Foreign Corrupt Practices Act.

  • NEW YORK, May 14- Works by Andy Warhol, Gerhard Richter and Jeff Koons each sold for more than $25 million on Wednesday, helping drive Sotheby's $364 million sale of contemporary art, which the auction house said was among its highest totals ever.

  • TOKYO, May 7- A lawyer for Japan's Universal Entertainment Corp offered to pay a former Universal employee if he retracted a claim that the company had given bribes to advance a Philippine casino project and stopped cooperating with investigators, according to a copy of the proposal seen by Reuters.

  • LAS VEGAS, May 2- A Nevada state judge ruled on Friday that a civil lawsuit between Wynn Resorts and Japanese billionaire Kazuo Okada could proceed, rejecting the U.S. government's request to keep it on hold for another six months to protect the identity of witnesses in a criminal probe into Okada's business in the Philippines.

  • HONG KONG, May 2- Macau, the world's casino capital, raked in 31.3 billion patacas in gambling revenue in April thanks to strong spending by Chinese visitors keen to place their bets in the country's only legal casino hub.

  • "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.

  • Revealed: Buyer of $142.4 million Bacon painting Thursday, 16 Jan 2014 | 10:14 AM ET
    Francis Bacon's "Three Studies of Lucien Freud"

    The billionaire ex-wife of a U.S. casino magnate bought the world's most expensive painting sold at an auction, the Wall Street Journal reported.

  • Is Wynn Resorts a house of cards?     Monday, 30 Dec 2013 | 12:29 PM ET

    Traders Jon Najarian and Josh Brown debate Wynn Resorts. Doctor J says VIP's will continue to flock to the casino. Brown thinks Wynn is overvalued and it's the wrong time to buy.

  • 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.

  • Wynn's Victory in Court vs Okada     Tuesday, 2 Oct 2012 | 9:50 PM ET

    Jonathan Galaviz, MD & Chief Economist, Galaviz & Company discusses the Nevada court ruling against Kazuo Okada's appeal to reverse Wynn Resorts' share buyback.

  • LAS VEGAS, Oct 2- A Nevada judge on Tuesday ruled against Japanese billionaire Kazuo Okada's effort to reverse a forced redemption of his 20 percent stake in Wynn Resorts Ltd, rendering him unable to vote at the casino company's Nov 2 annual meeting.