Regulations Revisions Will Advance Chinese Casino - 2004-02-26
Recent developments make it apparent that Wynn Resorts will soon commence constructing its Wynn Macau resort, Steve Wynn stated Wednesday.
The semiautonomous enclave off the coast of China is currently finalizing legislative authorization of gambling regulations that Wynn has stated were mandatory to proceed with plans to construct his resort.
The regulations that will permit Macau casinos to grant credit and to reduce their total taxable winnings by the amount of uncollectible casino debt are certain to be enacted, he said.
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