Two Way Hard Three | Las Vegas Casino & Design Blog

July 21, 2009

Potential Hong Kong IPO for Wynn Resorts

Posted by Hunter

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:

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.


Read archived comments (2 so far)
July 21, 2009 6:45 PM Posted by Brian Fey

I've never owned a stock, that has done a foreign IPO, I don't know how, if at all it will effect Wynn's stock traded on the NASDAQ.

September 25, 2009 5:24 PM Posted by John

Is this what this is all about?