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August 25, 2016

Casino mogul optimistic about $4B Macau resort

By KELVIN CHAN
AP Business Writer

MACAU — From a pair of giant golden dragons encircling a vast man-made lagoon to phoenix and cloud motifs inside, Steve Wynn's Macau resort brims with auspicious Chinese symbolism.

The U.S. casino mogul will need luck on his side as he launches his $4.2 billion Wynn Palace project in the gambling hub on China's southern coast, where growth is downshifting after years of turbocharged expansion.


 
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