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Wynn Resorts to pay US$2.6b to settle lawsuit with Japan's Universal
Add BT as a preferred sourcePublished Fri, Mar 9, 2018 · 09:50 PM
Hong Kong
WYNN Resorts Ltd has agreed to pay US$2.6 billion to settle a lawsuit brought by Japan's Universal Entertainment Corp and its US unit, ending a six-year old dispute that pitted casino mogul Steve Wynn against his former associate Kazuo Okada.
The size of the compensation was lower than market expectations and sent shares in Universal, a maker of Japanese-style slot machines and the operator of
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