Casinos & Gaming
Share prices of most Las Vegas gaming companies with ties to Macau fell Wednesday after the Times of London reported China may be preparing to target junket operators with links to organized crime.
Wynn Resorts Ltd. said Monday that Nevada gaming officials have ended their investigation into allegations by company director Kazuo Okada that the casino operator made an improper donation to the University of Macau Development Foundation.
So much for the much-anticipated double-digit increase.
Wynn Resorts Ltd., owner of Wynn Las Vegas, Encore and resorts in Macau, on Thursday posted fourth-quarter earnings that fell short of analyst expectations as its business in the former Portuguese colony declined by almost 10 percent.
It was Friday morning, and Michael Ciasco, who has bet on horse racing almost every day since he arrived in Las Vegas 36 years ago, took his seat at William Hill’s sports book at Terrible’s.
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