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  1. News - World - UNITED STATES

    Steve Wynn gives University of Iowa US$25 million for blindness research

    Posted Oct 20th 2013, 08:21am by AP

    ... Associated Press in Iowa City Wynn funds cause close to his heart Las Vegas casino tycoon Steve Wynn gave US$25 million to support blindness research at the University of Iowa after becoming convinced that its scientists were leading the way in the search for a cure. Wynn, 71, said university researchers were "knocking on the door" of a discovery that was unthinkable ...

  2. Business - Companies - GAMING

    Okada files defamation suit against Steve Wynn

    Posted Aug 29th 2012, 01:54pm

    ... Kazuo Okada, the Japanese billionaire embroiled in a legal fistfight with former partner and chairman of Wynn Resorts, Steve Wynn, has filed a defamation lawsuit in Japan against the casino company and its officials. Okada, who submitted the filing through his company Universal Entertainment, is claiming US$140 million (11.2 billion yen) in damages, alleging that Wynn ...

  3. The fine art of being Steve Wynn

    Posted Jun 04th 2006, 12:00am by Richard Luscombe

    ... shell out $78.5 million of their own money for a 600-year-old Ming vase and immediately give it away. Such is the enigma of Steve Wynn- billionaire hotelier, entrepreneur and lover of fine art ... at the Wynn Resort and the Bellagio and Venetian hotels gives the city a quality image that we lacked before he opened the Mirage in the 1990s,' he said. 'Steve Wynn is all about quality. He ...

  4. Business - Companies - EARNINGS

    Wynn Macau outlook dims after strong results

    Posted Feb 05th 2014, 05:37am by TIFFANY AP

    ... year or early 2016 because of a number of new resort openings from Sands China, Wynn Macau and MGM China. Wynn Macau is majority owned by Wynn Resorts in the United States. Founder Steve Wynn ... Tiffany Ap tiffany.ap@scmp.com Wynn Macau outlook dims after strong results Casino operator Wynn Macau's fourth-quarter results beat analyst expectations but its growth will see some ...

  5. Okada asks judge to restore Wynn shareholder rights

    Posted Jun 16th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Japanese pachinko billionaire Kazuo Okada asked a federal court in the United States to restore his rights as the largest shareholder of Wynn Resorts, and to halt an 'unlawful' bid by Wynn chief executive Steve Wynn to remove him from the board. The two gaming moguls, once business partners and close friends, fell out dramatically ...

  6. Using maths to parlay a small edge into billions

    Posted Aug 21st 2011, 12:00am

    ... Tom Yam How did Stanley Ho Hung-sun, Steve Wynn and all the other casino kingpins get so rich? You may think it's because their casinos have overwhelming odds against the gamblers. In fact, the casino's edge is tiny. You may think the gaming business generates high returns with each transaction. In fact, some games produce a return of only 0.5 per cent to 2.7 per cent ...

  7. Business - Companies - COURTS

    Wynn gets to grill Okada in fight for control of casino empire

    Posted Sep 14th 2012, 12:00am by Bloomberg

    ... Bloomberg in Los Angeles US gaming mogul may find out what he is up against in fight for control of US$10 billion empire as rival is forced to answer questions Wynn gets to grill Okada in casino row Gaming mogul Steve Wynn may gain an edge in his courtroom battle for control of a US$10 billion casino empire as business-partner-turned-rival Kazuo Okada is forced to answer questions ...

  8. Business - Companies

    Wynn forms subsidiary to develop hotels outside Las Vegas

    Posted Jan 08th 2013, 03:13pm

    ... chairman Steve Wynn said. The formation of Wynn Resorts Development, continues Wynn’s efforts to expand beyond Las Vegas, after opening properties in Macau, the world’s largest gambling destination, and announcing plans to build a casino in the island’s area known as the Cotai strip. Steve Wynn said the company needed to expand its leadership given its activities in North America ...

  9. Business - Companies - GAMING

    Kazuo Okada quits Wynn Resorts board

    Posted Feb 23rd 2013, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Japanese mogul says he's determined to fight Steve Wynn over 20 per cent stake in company Okada quits Wynn Resorts board Kazuo Okada, the Japanese pachinko billionaire who is in a conflict with Nevada casino mogul Steve Wynn over the control of Wynn Resorts, resigned from the company's board of directors yesterday. Okada, the chairman ...

  10. Wynn sued over HK$1b Macau donation

    Posted Jan 13th 2012, 12:00am

    ... billionaire Steve Wynn for more than a decade. He controls Universal Entertainment, formerly Aruze Corp, and was No 26 on the most recent Forbes list of Japan's richest people. He also holds Hong Kong residency. Okada owns 20 per cent of Wynn Resorts, while Steve Wynn now holds 10 per cent, after transferring half of his previous stake to his ex-wife Elaine Wynn in 2010. Okada ...




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