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US federal probers clear Wynn Resorts

In this April 22, 2010, photo, music fountain performs at the Wynn Macau. Macau is in the midst of one of the greatest gambling booms the world has ever known. Federal investigators are done looking into a $135 million donation casino giant Wynn Resorts gave to a university in the Chinese gambling enclave of Macau and said on Monday, July 8, 2013, that they are not pursuing enforcement action against the company.  AP PHOTO/KIN CHEUNG

Federal investigators are done looking into a $135 million donation casino giant Wynn Resorts gave to a university in the Chinese gambling enclave of Macau.

Posted: July 9th, 2013 in Latest Business Stories,Stocks | Read More »

Okada quits Wynn board

Kazuo Okada (left) and Steve Wynn during happier days.  Wynn Resorts called on shareholders Monday, Feb. 4, 2013, to eject the Japanese tycoon from the Wynn board of directors in a special vote scheduled on Feb. 22.  AP FILE PHOTO

Japanese gambling tycoon Kazuo Okada announced Thursday he was resigning from the board of casino operator Wynn Resorts, a day before the company’s board was expected to oust him.

Posted: February 24th, 2013 in Latest Business Stories | Read More »

Wynn Resorts sets vote to oust Okada from board

Kazuo Okada (left) and Steve Wynn during happier days.  Wynn Resorts called on shareholders Monday, Feb. 4, 2013, to eject the Japanese tycoon from the Wynn board of directors in a special vote scheduled on Feb. 22.  AP FILE PHOTO

Gaming giant Wynn Resorts called on shareholders Monday to eject Japanese tycoon Kazuo Okada from the Wynn board of directors in a special vote scheduled on Feb. 22.

Posted: February 5th, 2013 in Latest Business Stories | Read More »

Japanese pachinko mogul sues Wynn Resorts in Tokyo

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Kazuo Okada (left) and Steve Wynn during happier days.  Wynn Resorts called on shareholders Monday, Feb. 4, 2013, to eject the Japanese tycoon from the Wynn board of directors in a special vote scheduled on Feb. 22.  AP FILE PHOTO

Japanese pachinko tycoon Kazuo Okada has filed a lawsuit in Tokyo District Court seeking $140 million in damages from casino operator Wynn Resorts.

Posted: August 30th, 2012 in Latest Business Stories | Read More »

Okada turns tables on Wynn, files countersuit

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The corporate battle between casino giant Wynn Resorts and Universal Entertainment Corp. took a new twist on Tuesday, after the latter sued the Las Vegas-based firm for trying to push the Japanese group out of the partnership through a share buyback at a steeply discounted price.

Posted: March 13th, 2012 in Latest Business Stories | Read More »

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