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December 21, 2014

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Macau graft agency probes Wynn land deal

Image

John Katsilometes

The watery entrance of Wynn Macau.

Macau's corruption agency said on Friday it is examining a land deal relating to Las Vegas mogul Steve Wynn's upcoming $4 billion casino in the world's biggest gambling hub.

The anti-graft body is investigating after the U.S.-based International Union of Operating Engineers asked the Macau government to provide more details on how a little-known company secured rights to land before it was granted to Wynn.

The land is now part of Macau's multi-billion-dollar gambling precinct known as the Cotai Strip, where Wynn's Wynn Macau Ltd is set to open its second casino resort in 2016.

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