TITLE

Wynn at War

AUTHOR(S)
Chan, Ray
PUB. DATE
April 2012
SOURCE
Casino International;Apr2012, p26
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents the controversial saga and dispute between Japanese businessman Kazuo Okada and Steve Wynn in the U.S. Their dispute started in January 2011 when the board of directors of Wynn Macau Ltd. voted for the removal of Okada as the firm's non-executive director and several days after the event, parent firm Wynn Resorts forcibly acquired 19.7% shares of Okada. Wynn Resorts also accuses Okada of paying the executives of the Philippines gaming regulator Pagcor worth 110,000 dollars
ACCESSION #
74701048

 

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