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Steve Wynn Urges Macau to End Uncertainty as Profit Slides

Billionaire Steve Wynn has called on Macau’s government to provide clarity on plans for the Chinese city as his casino company cut its dividend and China’s anti-corruption drive slashes profits.Wynn Macau Ltd. reported adjusted property earnings before interest, taxes, depreciation and amortization, or Ebitda, dropped 45 percent to $212.3 million during the first quarter. That missed a median estimate of $230.5 million from six analysts surveyed by Bloomberg.

 

Aristocrat’s Product Madness Named “Social Slots Operator of the Year” in eGaming Review North America Awards

Aristocrat’s social and mobile gaming subsidiary Product Madness has won top honors at this year’s eGaming Review North America Awards, walking away with the highly coveted “Social Slots Operator of the Year” title.