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Casino mogul Steve Wynn confident on Macau concession extension

HONG KONG (Jan 23): U.S. casino magnate Steve Wynn, head of the eponymous Wynn Resorts WYNN.0, said he was confident his casino business in the world’s largest gambling hub of Macau would continue after casino contracts start to expire by 2020.

The Chinese-controlled territory has been a goldmine for Wynn, generating more than 75 percent of its total revenues through subsidiary Wynn Macau.

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