Wynn Macau

Wynn Macau News

  • Galaxy Says VIP Demand Improving as Profit Rises

    Galaxy Entertainment Group Ltd., the Macau casino operator founded by billionaire Lui Che Woo, posted a 29 percent increase in first-quarter earnings and said it is seeing signs of improved demand from high-stake gamblers.

  • Wynn Macau Rises to One-Year High as Profit Jumps 19%

    Wynn Macau Ltd., the unit of billionaire Steve Wynn’s Las Vegas-based casino company, rose to the highest in a year in Hong Kong trading after reporting a 19 percent increase in first-quarter profit.

  • Most Asian Stocks Drop on Mixed Earnings; Shiseido Falls

    Most Asian stocks fell as corporate earnings showed mixed results and the Bank of Japan added nothing new to its stimulus pledge. The regional benchmark index remains headed toward its biggest monthly advance since at least December.

  • Ropes & Gray, Sidley, Cleary, Gibson Dunn:Business of Law

    Ropes & Gray LLP added four new corporate partners. Bracewell & Giuliani LLP lawyers Jonathan Gill and Robb Tretter join the firm in New York as partners in the private-equity practice, focusing on distressed investing. Mark Wesseldine, previously of Fried Frank, Harris, Shriver & Jacobson LLP will be joining the firm as a finance partner in London. Victoria Lloyd, a capital markets and mergers and acquisitions lawyer also from Fried Frank, is joining Ropes & Gray in its Hong Kong office.

  • Okada Review Finds Wynn Resorts Probe ‘Deeply Flawed’

    An independent review commissioned by Kazuo Okada’s lawyers found that Wynn Resorts Ltd.’s investigation that cost the Japanese billionaire his 20 percent stake in the casino operator was “deeply flawed.”

  • Wynn Macau Fined for Releasing Customer Data in Fight With Okada

    Wynn Macau Ltd., the Asian unit of billionaire Steve Wynn’s Las Vegas-based Wynn Resorts Ltd., was fined 20,000 patacas ($2,500) by Macau’s privacy office for unauthorized transfers of customer information to its parent.

  • Macau’s ‘Broken Tooth’ Released From Jail Into Changed City

    The Macau gangster known as “Broken Tooth,” once accused of planning to kill the local police chief, said his release from prison today would not threaten law and order in the world’s biggest casino hub.

  • Macau Gangster Who Missed Boom to Be Freed After 14 Years

    The Macau gangster known as “Broken Tooth,” once accused of planning to kill the local police chief, said his release from prison today would not threaten law and order in the world’s biggest casino hub.

  • Macau Casinos Bet on Winning as Adelson Expands: Retail

    Sheldon Adelson is adding a fourth casino in Macau, the world’s largest gambling hub, drawing almost six times the revenue of the Las Vegas Strip. The billionaire’s rivals are cheering him on.

  • Billionaire Lui Gains as Probes Hit Macau Casino Rivals: Retail

    For casino billionaire Sheldon Adelson, what happens in Macau doesn’t always stay in Macau as U.S. courts probe his operations in the world’s biggest gambling hub. The scrutiny has investors favoring local rivals.

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