There's a story circulating that indicates Wynn Resorts may offer some shares of its Macanese operations on the Hong Kong stock market. The move could raise up to $2 billion.
The RJ has more: http://www.lvrj.com/blogs/stutz/Wynn_planning_IPO_in_Hong_Kong.html
A Union Gaming analysis indicates that Wynn Resorts' balance sheet is strong and that the cash is not required to meet existing obligations. If this is true, does that mean WYNN is playing it safe or about to embark on a new project?
Of course, Las Vegas Sands has floated a similar idea several times and never pulled the trigger.