Tom Murphy, cable pioneer John Malone, mega-investor Warren Buffett, Starbucks founder Howard Schultz, casino magnates Steve Wynn and Sheldon Adelson, plus a small number of others. There are assessments galore of the traits that a visionary CEO possesses
I toured Cotai in 2010, I recall being overwhelmed by the sheer powerful presence of its big-time, VIP game players. Steve Wynn was in town that day for a grand opening and serious, hard-core gamblers were all there were. VIPs would spend millions
s ready to burn, to quote Elvis Presley, and American casino companies have been clamoring for a piece of the action. Steve Wynn opened a casino in Macau in 2006 and now makes most of his profits there, says The New Yorker. Sheldon Adelson built Sands Macau in
according to Forbes magazine), struck first with Sands Macao, a relatively modest 40-room complex in 2004. His rival, Steve Wynn , the flamboyant CEO of Wynn Resorts, responded in 2006 with Wynn Macau, a $1.2- billion resort so large it was opened
(Reuters) - Wynn Resorts Inc said the U.S. securities regulators launched an "informal inquiry" into the casino company's $135 million donation to the University of Macau founder Steve Wynn .
million. Adjusted property EBITDA margins increased 160 basis points to 31.1% due to a leveraging of fixed costs. CEO Steve Wynn indicated that Wynn Macau was off to an extremely strong start in the fourth quarter, with EBITDA at $73 million for the
HONG KONG (Reuters) - Shares in Macau casino operators Galaxy Entertainment Group Ltd and Wynn Macau Ltd , a unit of casino magnate Steve Wynn 's Wynn Resorts Ltd , jumped on Wednesday after strong...
online poker is legalized in the United States and a license is received. We believe the move is a clear signal that CEO Steve Wynn thinks online gambling will eventually be legalized at the federal level, and Wynn is positioning his company to receive
build a war chest to potentially acquire assets that distressed players like MGM Mirage MGM are likely to put on the market. Steve Wynn helped create many of MGM's marquee resorts, so it is not inconceivable that he would like to retake control of some of
from 16%, largely because of the high-fixed-cost nature of running casinos and hotels. On the conference call, CEO Steve Wynn didn't mince words in describing the operating environment in Las Vegas, stating, "There's no good news." He went