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(Image from article: "Wynn Seeks $1.6 Billion for IPO")

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Wynn Macau debut cashes in on Asia gaming fever

Wynn Macau's strong debut in Hong Kong on Friday shows appetite for gambling stocks is strong despite high valuations, and will cheer rival Las Vegas Sands, which plans a listing later this year.

 

Wynn Seeks $1.6 Billion for IPO

Wynn Seeks $1.6 Billion for IPO

Casino operator Wynn Resorts is seeking to raise up to $1.6 billion in the Hong Kong initial public offering of its Macau casino operations after setting the price range for the deal over the weekend.

 

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