The Macau Metro Monitor, June 20, 2012
WYNN RESORTS DIRECTOR PROPOSES TO SELL STAKE WSJ
Elaine Wynn, the former wife of Steve Wynn, believes she should be able to sell her 9.7% stake in WYNN now that the alliance between Mr. Wynn and Okada has been dissolved. Mr. Wynn, who started the company in 2000 with former partner Kazuo Okada, has held control of his casino empire through a series of shareholder agreements with Okada. Ms. Wynn signed on to a similar agreement during the divorce proceedings because she had not wanted to upset the balance Mr. Wynn had struck with Mr. Okada, she said in Tuesday's court filing. Ms. Wynn believes the shareholder agreement should no longer apply because the business alliance that led to the restrictions is no longer in force.
Ms. Wynn has asked the US District Court in Nevada to declare the agreement with Mr. Wynn invalid so that she could sell her shares freely.
MONTHLY BREAKDOWN OF PASSENGER MOVEMENTS Changi Airport Group
4,089,894 passengers passed through Singapore's Changi Airport in May. This is an 8.4% increase YoY.