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Wynn Resorts to pay US$2.6b to settle lawsuit with Japan's Universal

Published 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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Companies & Markets

Companies & Markets

Wynn Resorts to pay US$2.6b to settle lawsuit with Japan's Universal

Companies & Markets

Gold holds steady as investors focus on US Fed meeting

Singapore shares open in the red on Tuesday; STI down 0.3%

Huawei’s pivotal role in the US-China tech war, from 5G to chips

CDL Hospitality Trusts reports 6.8% higher Q1 net property income of S$34.9 million

Starhill Global Reit posts 0.9% lower Q3 net property income of S$37.7 million

Binance and CZ’s fortunes are set to grow, jail or no jail

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