Pursuits
Billionaire Wynn Upbeat on Second Macau Casino Despite Downturn
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Billionaire Steve Wynn finally feels confident enough to set an opening date for his second casino in Macau, months after complaining that uncertainty plagued the Chinese city amid a gambling downturn.
Wynn Palace resort will open March 25 next year along the Cotai Strip in the world’s largest gambling hub, Wynn Resorts Ltd. chairman and founder said Wednesday, after the casino operator’s Hong Kong-listed unit reported earnings slumped 44 percent in the second quarter.