Monday 8 July 2013

INQUIRER.net: US federal probers clear Wynn Resorts

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INQUIRER.net
Philippine News for Filipinos
US federal probers clear Wynn Resorts
Jul 9th 2013, 00:23

LAS VEGAS—Federal investigators are done looking into a $135 million donation casino giant Wynn Resorts gave to a university in the Chinese gambling enclave of Macau.   The Securities and Exchange Commission has concluded its investigation and is not pursuing enforcement action against the company, assistant director of the commission's Salt Lake Regional office Karen Martinez said Monday.   Speaking to The Associated Press from his boat on the Spanish island of Ibiza on Monday morning, CEO Steve Wynn said he never had any doubt federal investigators would clear the company.   "We were so sanguine that we never paid any attention to it; we had no ex...

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