When Karl Marx predicted class struggle between capital and labour, he probably did not envisage Cheryl Lawrence, a casino pastry chef and single mother, cruising into battle down a Las Vegas freeway reciting a quote from the Disney film Finding Nemo: "Just keep swTuesday, 16 October, 2012, 4:19am
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 from Wynn Resorts' lawyers.14 Sep 2012 - 4:10am
Chicago teachers strike drags into third day13 Sep 2012 - 4:11am
Wynn denies porn producer death threats6 Sep 2012 - 3:51am
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.16 Jun 2012 - 12:00am
US casino magnate Steve Wynn said yesterday that his new Cotai casino resort in Macau would cost US$4 billion to build.
Approval for a 51-acre site at Cotai was awarded to Wynn early last month. The casino giant currently operates a single high-end property, which opened in 2006, on the Macau peninsula but Cotai is fast becoming the city's new gaming mecca.6 Jun 2012 - 12:00am
Casino operator Wynn Resorts fired back at its largest shareholder, calling a lawsuit filed against the company by Japanese pachinko billionaire Kazuo Okada 'preposterous'.
Okada, a director of the company and its biggest shareholder with a 20 per cent stake, is a long-time business partner of Las Vegas gaming magnate Steve Wynn.14 Jan 2012 - 12:00am
Kazuo Okada, the billionaire who is the biggest shareholder in the casino developer Wynn Resorts, is suing the company for access to its financial records over an 'unprecedented' HK$1 billion donation to the University of Macau Development Foundation and other transactions.13 Jan 2012 - 12:00am
Casino developer Steve Wynn says there are no signs yet that Macau's high-stakes gambling volumes are being hit by the broader economic slowdown in the region.21 Oct 2011 - 12:00am
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 on average in each round of play.21 Aug 2011 - 12:00am