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  1. September 3, 2014

    Investors tap into IEX fundraising

    Investors ranging from venture capital fund Spark Capital to Las Vegas casino operator Steve Wynn lined up to participate in...

  2. July 2, 2014

    Macau overtakes Switzerland in income tables

    Macau has leapfrogged Switzerland to become the world’s fourth richest territory per person, according to the World Bank,...

  1. FT Alphaville

    May 15, 2014

    Paging Walter Benjamin

    Art market metaphor du jour: Sounding a rather surreal note, the evening began with a short modern dance performance by four...

  2. May 6, 2014

    Goldman provides art-backed loan to Cohen

    Steven Cohen, the billionaire co-founder of SAC Capital, the hedge fund that pleaded guilty to insider trading last year,...

  3. February 11, 2014

    Casino owners battle over online gambling

    A debate over the future of internet gambling has created a rift among US casino industry titans, pitting advocates of...

  4. September 19, 2013

    Caesars bets on online gambling market

    At 9.19am Pacific Daylight Time on Thursday, somewhere in Nevada, a resident or visitor to the state logged on to a computer...

  5. March 26, 2013

    Cohen buys Picasso’s ‘Le Rêve’ for $155m

    Steven Cohen, whose hedge fund SAC Capital this month paid $614m to settle insider trading accusations with regulators, has...

  6. February 15, 2013

    Wealthy donors debate Republican ‘rebrand’

    Advisers to Sheldon Adelson and Steve Wynn, the Las Vegas casino billionaires who were once known for their bitter rivalry,...

  7. February 8, 2013

    Macau casinos target mass appeal

    An exhibition of 12 gold bricks, each about 2.5 metres high, opened on Thursday in the courtyard of the MGM Macau. It is...

  8. February 5, 2013

    Japan regulator probes Okada gaming group

    A probe into Universal Entertainment Corp, the gaming and resorts group run by Japanese billionaire Kazuo Okada, widened on...

  9. February 1, 2013

    Over-reliance on ‘VIPs’ hurts Wynn Macau

    Wynn Macau, a division of Las Vegas billionaire Steve Wynn’s empire, suffered an 18 per cent drop in quarterly net profit...

  10. November 9, 2012

    Central Park’s new peaks

    Central Park South sits in the heart of Manhattan, but this thoroughfare between Fifth Avenue and Central Park West has...

  11. November 1, 2012

    Defiant Okada hits out in Wynn fight

    When shareholders of Wynn Resorts gather in Las Vegas on Friday for their annual meeting, one individual will be conspicuous...

  12. September 20, 2012

    Macau gaming – medium rollers

    High-rollers prefer privacy. That makes the fight between gaming tycoons Steve Wynn and Kazuo Okada over a stake in Wynn...

  13. September 20, 2012

    Adelson to bring Eiffel Tower to Macau

    Sands China is planning to invest at least $2.5bn in Macau on a Paris-themed resort featuring a replica Eiffel Tower, as the...

  14. July 26, 2012

    Sands China profit falls 40%

    Sands China, the Hong Kong-listed Macau casino operator, suffered a 40 per cent fall in net profit for the second quarter as...

  15. July 18, 2012

    Wynn Macau second-quarter revenues fall

    Wynn Macau has announced its first decline in quarterly revenue since 2009, blaming slower Chinese economic growth and...

  16. July 15, 2012

    Macau’s wheel of fortune turns

    Las Vegas casino mogul Sheldon Adelson was in a buoyant mood on a visit to his new project in Macau three months ago. The...

  17. June 5, 2012

    Wynn Macau to spend $4bn on casino resort

    Wynn Macau will spend $4bn on its new casino resort in the former Portuguese colony, a figure considerably higher than...

  18. May 8, 2012

    Las Vegas

    “They wanted the good life,” says hotel and gaming magnate Steve Wynn, of his father’s generation. “Casino gambling is...

  19. May 2, 2012

    Wynn Macau wins approval for resort

    Las Vegas billionaire Steve Wynn has received approval for his Macau business to proceed with a 51-acre casino resort in the...

  20. March 18, 2012

    Genting bets big on Miami waterfront casino

    At an event late last month in a trendy Miami neighbourhood, politicians and real estate moguls mingled with artists and...

  21. March 14, 2012

    Las Vegas Sands sued over Macao licence

    Las Vegas Sands, the US gaming company, is being sued by a former business partner in Macao over the way it applied for a...

  22. March 13, 2012

    Okada ups ante in Wynn dispute

    Kazuo Okada, the Japanese billionaire locked in a dispute with the US casino magnate Steve Wynn, has recorded a 15-minute...

  23. March 12, 2012

    Okada sues to stop redemption of Wynn stake

    Kazuo Okada has hit back at Steve Wynn, filing a lawsuit that seeks to block the forced redemption of his $2.77bn stake in...

  24. March 2, 2012

    Casino operators vie for Asian jackpot

    The bitter feud between Steve Wynn, the Las Vegas mogul, and his former ally Kazuo Okada has cast fresh light on how casinos...

  25. February 24, 2012

    Rich pickings to play for

    The Okada restaurant at the Wynn casino in Las Vegas is renowned as one of the finest dining establishments in a city fast...

  26. February 24, 2012

    Okada blames ‘false’ claims for Wynn removal

    Kazuo Okada, the Japanese billionaire, has blamed “false and misleading assertions” for his removal from the board of Wynn...

  27. FT Alphaville

    February 23, 2012

    Wynn Macau plans emergency board meeting

    Wynn Macau will hold an emergency board meeting on Friday afternoon in Macao to discuss the removal of Kazuo Okada as a...

  28. February 23, 2012

    US probes Wynn Resorts’ allegations

    US authorities are investigating Wynn Resorts’ allegation that Kazuo Okada, a co-founder and director of the casino company,...

  29. February 22, 2012

    Wynn raises the stakes in Las Vegas

    There isn’t much moral high ground in Las Vegas and Steve Wynn failed to take it this week. Mr Wynn, who pioneered Vegas’s...

  30. FT Alphaville

    February 21, 2012

    Wynn Resorts files lawsuit against Okada

    Wynn Resorts intensified pressure on its shareholder Kazuo Okada on Tuesday when it filed a lawsuit in Nevada that accused...

  31. February 21, 2012

    Okada raises the stakes in Wynn battle

    Kazuo Okada, the Japanese billionaire at the centre of a dispute with Wynn Resorts, is seeking a restraining order against...

  32. February 20, 2012

    Universal Entertainment shares plummet

    Universal Entertainment, the Japanese gaming group, had more than Y32bn wiped off its stock market value as investors...

  33. February 20, 2012

    Wynn Resorts: Chinese roulette?

    This isn’t baccarat. It’s mud-wrestling. Steve Wynn, chairman of Wynn Resorts, and Kazuo Okada, boss of Universal...

  34. February 19, 2012

    Wynn Resorts seeks founder’s resignation

    Wynn Resorts has requested the resignation of Kazuo Okada from its board and redeemed his stake in the company, bringing to...

  35. February 2, 2012

    Gamble on Gingrich yet to pay off

    Sheldon Adelson used to give a book to visitors to his Las Vegas office, a plush suite past the indoor canals and singing...

  36. January 9, 2012

    Casino tycoon bets $5m on Gingrich

    Sheldon Adelson likes a fight. The billionaire Republican donor transformed Las Vegas with the construction of a vast...

  37. September 12, 2011

    Wynn Macau hotel win allays US fears

    Wynn Macau, the casino company led by billionaire Steve Wynn, reached an agreement with government authorities for a land...

  38. April 17, 2011

    Crackdown likely to change face of gaming

    Steve Wynn and other Las Vegas casino operators have hastily cancelled partnerships with the online poker companies that...

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