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...The strongest growth was at Wynn’s two Macau casinos, where a return of mass market gamblers boosted net revenue to $998.6mn....
...Casino operators including Wynn Macau, MGM China and Sands China have reported triple-digit growth in their preferred earnings metrics in quarterly results released in recent weeks, buoyed by mass-market...
...The 5,000-acre estate originally belonged to a branch of the Wynn family, and the present house was built for William and Kathryn Wynn in 1616....
...Sands China and Wynn Macau added up to 8.7 per cent and 17.8 per cent, respectively. Chinese tech groups listed in Hong Kong gained. The Hang Seng Tech index was up 5.5 per cent at the midday break....
...Additional reporting by William Langley and Gloria Li in Hong Kong...
...Shares in Wynn Macau were up 16.6 per cent in afternoon trading, taking gains over the past five days to more than 55 per cent....
...The news knocked down the shares of the city’s biggest casino operators with Wynn Macau losing 7.8 per cent, Sands China declining 9.4 per cent and MGM China Holdings losing 6.8 per cent....
...William C Martin, founder of investment fund Raging Capital Management, argued that complacency was the bigger factor in start-ups managing their cash irresponsibly....
...The move sent Hong Kong-listed shares in Wynn Macau down 6.7 per cent, with Sands China tumbling 8.2 per cent and MGM China Holdings shedding 5.4 per cent....
...New York Fed president John Williams will speak at an economic symposium in Germany....
...Additional reporting by William Langley, Cheng Leng and Hudson Lockett in Hong Kong...
...today after officials said they would maintain the number of licences available to gaming operators in the Chinese territory, ending years of uncertainty for US companies such as Sands China, MGM China and Wynn...
...Elsewhere in Macau, shares in gaming groups Galaxy Entertainment fell by 1.3 per cent, while Wynn Macau shed as much as 2.4 per cent on Tuesday, following more significant declines on Monday....
...Shares in casino operators, including Wynn Macau and Sands China, tanked today....
...Warner Music, Coinbase, Occidental Petroleum, Electronic Arts and Wynn Resorts also report results....
...Last year it tried, but ultimately failed, to buy William Hill, the British bookmaker....
...GOP donors Timothy Mellon and Steve Wynn have each given $5m since November 3, while Rupert and Lachlan Murdoch have each given $1m....
...“There is nothing to be concerned about,” said William, a visitor from Hong Kong who declined to give his full name, as he sat playing virtual roulette in a surgical mask....
...Reporting by James Politi, Katrina Manson, Lauren Fedor, Aime Williams, Kiran Stacey and Kadhim Shubber in Washington...
...According to Sotheby’s, the buyer was Wynn Fine Arts, owned by Steve Wynn and previously known as Sierra Fine Art....
...“What the MoD is saying is you can do this faster, better and quicker than a big prime defence company,” said Mr Williams-Wynn....
...Until recently, they also included Steve Wynn and Australia’s James Packer....
...Wynn Resorts fell 1.8 per cent to $192.33 while Las Vegas Sands dropped 0.7 per cent to $77.55....
...Neither Christie’s nor a spokesman for Wynn would comment. Wynn has had a run of bad luck when it comes to Picassos....
...Casino operator Wynn Resorts climbed following news that Steve Wynn, its embattled founder, had agreed to sell his remaining 8m shares to existing investors T Rowe Price and Capital Research....
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