Steve Wynn comes up unlucky in business love, too

February 14, 2012

The casino magnate has already divorced the same woman twice, the second time coughing up a $1 bln stake in Wynn Resorts. Now, his decade-long financial union - and close friendship - with pachinko king Kazuo Okada is also on the rocks. Even in Las Vegas, money can’t buy love.

A “Wynning” strategy of betting on VIPs

By Wei Gu
October 7, 2009

Top-tier casino operator Wynn has always bet on VIP gamblers. Now it is adopting the same approach with its stock market flotation. It remains to be seen whether this strategy can help justify its valuation premium.