Wynn Resorts considers further expansion, headquarters move to Macau

Posted by Randal Rayborn on April 23, 2010 - Filed under China

The Wynn Macau. Steve Wynn is reportedly considering moving his company's corporate headquarters from Las Vegas to Macau.

HONG KONG (MarketWatch) — Casino magnate Steve Wynn said he plans to build a third major casino in Macau and will consider relocating the Las Vegas headquarters of publicly held Wynn Resorts to the Chinese gambling hub.

Wynn, during an interview Wednesday to promote the launch of Encore Macau, told CNBC he is looking at shifting the company headquarters to Macau, without providing details.

Wynn Resorts /quotes/comstock/15*!wynn/quotes/nls/wynn (WYNN 89.71, -0.21, -0.23%) reportedly gets about 60% of its revenue from operations in Macau. Its local unit, Wynn Macau, is one of the six licensed casino operators in the territory. – read more at MarketWatch.com…

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