A bitter pill to swallow: Kazuo Okada ratchets up the heat on rival Steve Wynn a bit more with a...

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

A bitter pill to swallow: Kazuo Okada ratchets up the heat on rival Steve Wynn a bit more with a plan to nominate two candidates for the board at the annual meeting of Wynn Resorts (WYNN +1.5%) slated for November. If a judge reinstates Okada's sizable block of shares before the meeting, Wynn and his ex-wife will be forced by the terms of a prior agreement to vote in favor of the Okada-selected candidates. Ouch.