TITLE

PBL buys Wynn Macau concession for $900 million

AUTHOR(S)
Doocey, Paul; Skotnicki, Tom
PUB. DATE
April 2006
SOURCE
International Gaming & Wagering;Apr2006, Vol. 27 Issue 4, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the acquisition of a Macau casino sub concession by Australia-based Publishing & Broadcasting Ltd. (PBL) from Wynn Resorts. Value of the transaction; Opinion of Steve Wynn and Wynn Resorts on the sale; Reaction of some analysts to the amount of money Wynn Resorts got for the license; Impact of the acquisition on PBL. INSET: Gaming key to PBL profits.
ACCESSION #
20304735

 

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