Wynn Resorts' land deal in Macau under investigation

|About: Wynn Resorts, Limited (WYNN)|By:, SA News Editor

A land deal in Macau involving Wynn Resorts (WYNN) is under investigation by authorities in the region.

Concerns about a $50M payment from Wynn to an entity with potential links to political officials is the focus of the probe.

The land in question is part of the Cotai Strip where Wynn is building its second large casino complex.