Casino magnate Steve Wynn decided to cut down his stake in the $18-billion casino empire he founded, after settling a rancorous 6-year-long court battle with his ex-wife Elaine Wynn. This move of the 76-year-old billionaire might pave the way for the company to become a potential acquisition target in the near future.
Read more » Steve Wynn Sold 1/3 of his Shares in Wynn Resorts Casino Company after Settlement with Ex-Wife