Tweet
October Listing in Hong Kong Comes as Macau Gambling Outlook Improves
BY RICK CAREW AND JONATHAN CHENG
HONG KONG -- Las Vegas-based casino operator Wynn Resorts Ltd. will seek as much as 12.6 billion Hong Kong dollars (US$1.6 billion) based on pricing set over the weekend for a Hong Kong listing of the company's Macau assets next month, according to a person familiar with the matter.
The IPO comes after the gambling enclave of Macau posted record revenue numbers in August and amid signs that visa restrictions on mainland Chinese visitors may be lifting. Wynn rival Las Vegas Sands Corp., controlled by Sheldon Adelson, is also seeking ...
Wynn to Seek $1.6 billion in IPO - WSJ.com
BY RICK CAREW AND JONATHAN CHENG
HONG KONG -- Las Vegas-based casino operator Wynn Resorts Ltd. will seek as much as 12.6 billion Hong Kong dollars (US$1.6 billion) based on pricing set over the weekend for a Hong Kong listing of the company's Macau assets next month, according to a person familiar with the matter.
The IPO comes after the gambling enclave of Macau posted record revenue numbers in August and amid signs that visa restrictions on mainland Chinese visitors may be lifting. Wynn rival Las Vegas Sands Corp., controlled by Sheldon Adelson, is also seeking ...
Wynn to Seek $1.6 billion in IPO - WSJ.com