Tuesday, July 21, 2009

Wynn Resorts files for HK IPO of Macau unit

HONG KONG, July 21 (Reuters) - Las Vegas casino company Wynn Resorts has submitted an application to list its Macau unit on the Hong Kong exchange, sources said on Tuesday, hoping to raise between $500 million and $1 billion.
Reuters reported last month that Wynn was reviving its Macau IPO plans, a process that began last year.

Read more:
http://www.forbes.com/feeds/afx/2009/07/21/afx6677997.html

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