HONG KONG — The China arm of Steve Wynn’s casino empire said Tuesday it will comply with Macau regulators as they seek more information about sexual misconduct allegations against the Las Vegas billionaire. Wynn Macau Ltd. said it will “fully cooperate with any requests” from authorities in Macau, the company said in a statement to the Hong Kong stock exchange. Macau, a former Portuguese colony near Hong Kong, is the world’s most lucrative casino market and the main source of profits for Wynn and other foreign gambling companies. The scandal has forced the tycoon to resign as the Republican Party’s finance chairman, sent shares of Wynn Macau and its U.S.-listed parent company tumbling and drawn closer scrutiny from regulators in Massachusetts, where Wynn is building a casino. Wynn operates two casinos in Macau, including a lavish $4.2 billion resort that opened in 2016.

Source: Washington Post January 30, 2018 06:22 UTC