Luck is running out for the high rollers of Hong Kong’s stock market.
Wynn Macau Ltd.’s sale of $600 million of notes this month without conditions on further borrowing underscores soaring demand for Asian gaming debt even as economic growth slows in China.
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.
"Share the fruits of economic boom, we fight for a higher pay."
- Wynn Macau on Sep 01, 2014