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As Money magazine reported two months ago, casinos in Macau snagged $45,000,000,000 (yep, that's billion) dollars in revenue) in 2013, as compared to a ho-hum $6,500,000,000 for all Vegas casinos, a paltry 15% of Macau's take.
Proving once again that Mr. Wynn is a heck of a lot smarter than any Democrat, including our hopelessly overmatched President.
As long as liberals are in the senate and whitehouse this will continue to happen, jobs will stagnate and moonbats will continue to live off the backs of the working middle class.
In 2011, the largest shareholder of Wynn Resorts alleged that Wynn bribed Macau with a pledge of $135 million to a foundation run by the University of Macau. The SEC and Justice Department investigated which ticked Wynn off. Eventually, the SEC and JD issued no action letters, meaning they determined the Wynn board had approved the pledge. Wynn has not and probably will not get over that the admin investigated his company.
And life goes on.
Business has been so bad for Wynn that they continue to report record profits from domestic and Macau operations.
As Money magazine reported two months ago, casinos in Macau snagged $45,000,000,000 (yep, that's billion) dollars in revenue) in 2013, as compared to a ho-hum $6,500,000,000 for all Vegas casinos, a paltry 15% of Macau's take.
Proving once again that Mr. Wynn is a heck of a lot smarter than any Democrat, including our hopelessly overmatched President.
Let me understand your argument, such as it is -- the amount of revenue captured at casinos is a proxy for the intelligence of a national leader?
Macau has casinos that draw the nuvo Chinese millionaire, billionaire oligarchs, who now have money to burn, thanks to their teenage workers earning a couple dollars a day sewing sneakers for export. I'd hardly call that model a success story. Instead, I think it is shameful that a good many people in China have to live like this[see image], so Chinese oligarchs can live lavishly without care as to how much they lose gambling in casinos.
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