News: Wynn Macau Ltd (1128.HK)
6 Dec 2013
Thu, Oct 10 2013
(The following statement was released by the rating agency) NEW YORK, October 10 (Fitch) Fitch Ratings has assigned a 'BB' rating to Wynn Macau, Ltd.'s announced issuance of $500 million senior unsecured notes due 2021 and a 'BB' Issuer Default Rating (IDR) to Wynn Macau, Ltd. Fitch also affirms the 'BB' IDRs of Wynn Las Vegas LLC (Wynn Las Vegas), Wynn Resorts (Macau), S.A. (Wynn Macau S.A.), and Wynn Resorts, Ltd (Wynn Resorts; collectively Wynn). Fitch affirms Wynn Macau S.A.'s senior sec
HONG KONG, Sept 27 - Las Vegas mogul Steve Wynn's Wynn Macau casino is suing a Chinese tycoon for HK$14 million ($1.81 million) in gambling debts, the latest case of a casino in the world's biggest gaming hub using the courts to go after its money.
HONG KONG - The game is changing for casinos in Macau, the world's gambling capital, as fun-seeking middle-class Chinese visitors follow high-roller VIP gamblers in ever greater numbers to try their luck in the only place in China where casinos are legal.