Tag Archives: james chanos
- No, Las Vegas Sands is not buying Wynn Resorts
March 17, 2017
Casino operator Wynn Resorts had a bit of a roller coaster day on the New York Stock Exchange after rumors spread of a takeover bid by rival Las Vegas Sands. Around 11:15am on Thursday, Wynn stock suddenly shot up 3%, hitting $108.60 per share, a peak the stock hasn’t seen...
- Steve Wynn sues hedge fund founder over bribery claims
September 27, 2014
Wynn Resorts boss Steve Wynn has filed a federal lawsuit against a hedge fund founder for falsely claiming the casino operator had violated US corruption laws. The suit, filed in San Francisco on Thursday, accuses Kynikos Associates’ James Chanos of telling people that Wynn had violated the Foreign Corrupt Practices...